About Sourcenergy
Sourcenergy is a company based in Houston (United States) founded in 2014 by Josh Adler. Sourcenergy has raised $14.9 million across 3 funding rounds from investors including Marubeni and Bison Payments. The company has 6 employees as of December 31, 2022. Sourcenergy has completed 1 acquisition, including Digital H2O. Sourcenergy offers products and services including Sourcenergy GIS™, Sourcewater Pro™, Sourcewater Geo™, DirtWork Alert™, and FracScape™. Sourcenergy operates in a competitive market with competitors including Petroleum Geo Services, Acceleware, MicroSeismic, Wireless Seismic and ION Geophysical, among others.
- Headquarter Houston, United States
- Employees 6 as on 31 Dec, 2022
- Founders Josh Adler
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Sourcewater, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$14.9 M (USD)
in 3 rounds
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Latest Funding Round
$7.2 M (USD), Series A
Sep 05, 2019
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Investors
Marubeni
& 1 more
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Employee Count
6
as on Dec 31, 2022
- Investments & Acquisitions
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Products & Services of Sourcenergy
Sourcenergy offers a comprehensive portfolio of products and services, including Sourcenergy GIS™, Sourcewater Pro™, Sourcewater Geo™, DirtWork Alert™, and FracScape™.
Tool for mapping oilfield water movement and infrastructure intelligence.
Platform for comprehensive oilfield water data from source to disposal.
Provides subsurface insights for saltwater disposal and seismicity analytics.
Detects well pads and frac ponds via satellite for early drilling alerts.
Offers near real-time tracking of frac crews and upstream activities.
Funding Insights of Sourcenergy
Sourcenergy has successfully raised a total of $14.9M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sourcenergy
Sourcenergy has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Marubeni and Bison Payments.
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Integrated trading and investment services are provided across diverse industries.
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Invoice funding is provided for the energy industry by Bison Payments.
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Investor details for Sourcenergy
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Investments & Acquisitions by Sourcenergy
Sourcenergy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Digital H2O.
Investment portfolio details for Sourcenergy
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online oilfield water management and marketplace platform.
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Complete acquisition details for Sourcenergy
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Financial Statements - Sourcenergy
Detailed financials for Sourcenergy
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Sourcenergy Comparisons
Peer comparison for Sourcenergy
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Competitors of Sourcenergy
Sourcenergy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Petroleum Geo Services, Acceleware, MicroSeismic, Wireless Seismic and ION Geophysical, among others.
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Provider of marine-focused geophysical services
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Seismic imaging software and enhanced oil recovery solutions are provided.
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Microseismic monitoring services for hydrocarbon exploration and production are provided.
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Developers of wireless seismic recording systems
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AI-driven seismic solutions are provided for oil and gas exploration.
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Seismic data is analyzed and processed for hydrocarbon identification.
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Detailed competitors of Sourcenergy
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Latest news on Sourcenergy
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Frequently Asked Questions about Sourcenergy
Sourcenergy was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Sourcenergy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Josh Adler is the current CEO of Sourcenergy. They have also founded this company.
Sourcenergy is a funded company, having raised a total of $14.9M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Sourcenergy is 6.
Provider of AI and satellite-based imaging solutions for the oil and gas industry. The product offerings include Sourcenergy GIS - which provides standard oil, gas, disposal, water, and surface data, Sourcewater Pro - energy data platform that shows frac water ponds and reserve pits, Sourcewater Geo - geoscience platform custom-built for saltwater disposal design, optimization, and induced seismicity risk analytics, and more.
Sourcenergy's top competitors include Petroleum Geo Services, Acceleware and MicroSeismic.
Sourcenergy offers Sourcenergy GIS™, Sourcewater Pro™, Sourcewater Geo™, DirtWork Alert™, and FracScape™.
Sourcenergy has made 1 acquisition, including Digital H2O.
Sourcenergy has 2 investors. Key investors include Marubeni, and Bison Payments.