About SRC Energy
SRC Energy is a company based in Denver (United States) founded in 2008 was acquired by PDC Energy in August 2019.. The company has 120 employees as of December 31, 2022.
- Headquarter Denver, United States
- Employees 120 as on 31 Dec, 2022
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$124.84 M20as on Dec 31, 2015
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Net Profit
$18.04 M-37as on Dec 31, 2015
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EBITDA
$63.49 M-17as on Dec 31, 2015
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Latest Funding Round
$550 M (USD), Debt – Conventional
Nov 29, 2017
- Investors
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Employee Count
120
as on Dec 31, 2022
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Acquired by
PDC Energy
(Aug 26, 2019)
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Funding Insights of SRC Energy
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $550.0M
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First Round
First Round
(29 Nov 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Debt – Conventional - SRC Energy | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SRC Energy
SRC Energy has secured backing from 1 investor. Prominent investors backing the company include Chevron. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Chevron Corporation is engaged in global energy production and sustainability.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SRC Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SRC Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Src Energy Comparisons
Competitors of SRC Energy
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SRC Energy
When was SRC Energy founded?
SRC Energy was founded in 2008 and raised its 1st funding round 9 years after it was founded.
Where is SRC Energy located?
SRC Energy is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of SRC Energy?
Lynn Alan Peterson is the current CEO of SRC Energy.
How many employees does SRC Energy have?
As of Dec 31, 2022, the latest employee count at SRC Energy is 120.
What is the annual revenue of SRC Energy?
Annual revenue of SRC Energy is $124.84M as on Dec 31, 2015.
What does SRC Energy do?
SRC Energy was founded in 2008 as an oil and natural gas exploration and production company. Operations are centered in the Denver-Julesburg Basin across Colorado and Wyoming. Techniques such as horizontal drilling and fracturing are employed to enhance hydrocarbon recovery. Approximately 200 wells are maintained, yielding over 45,000 barrels of oil equivalent per day, based on December 2017 data. The company is headquartered in Denver, United States.
Who are SRC Energy's investors?
SRC Energy has 1 investor. Key investors include Chevron.