About Well Data Labs
Well Data Labs is a company based in Denver (United States) founded in 2014.. Well Data Labs has raised $7.51 million across 6 funding rounds from investors including Hunting, Free Radical Ventures and Montrose Lane. The company has 19 employees as of December 31, 2022. Well Data Labs offers products and services including Completions Platform, Efficiency Trends, Actionable Alerts, Diagnostic Studies, and Machine Learning Models. Well Data Labs operates in a competitive market with competitors including Seismos, US Well Services, Fishbones, ESG Solutions and ResFrac, among others.
- Headquarter Denver, United States
- Employees 19 as on 31 Dec, 2022
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.51 M (USD)
in 6 rounds
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Latest Funding Round
$2.5 M (USD), Series B
Feb 04, 2021
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Investors
Hunting
& 2 more
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Employee Count
19
as on Dec 31, 2022
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Products & Services of Well Data Labs
Well Data Labs offers a comprehensive portfolio of products and services, including Completions Platform, Efficiency Trends, Actionable Alerts, Diagnostic Studies, and Machine Learning Models. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for oil and gas completions to improve performance and efficiency.
Tool to understand and enhance operational performance in well data.
System for real-time notifications on changes in well data metrics.
Service to extract insights from well data for proactive decisions.
Models that automate workflows for oil and gas data analysis.
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Funding Insights of Well Data Labs
Well Data Labs has successfully raised a total of $7.51M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $2.5 million completed in February 2021. 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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $2.5M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Series B - Well Data Labs | Valuation | Hunting |
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| Nov, 2018 | Amount | Series B - Well Data Labs | Valuation | Montrose Lane |
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| Aug, 2018 | Amount | Series A - Well Data Labs | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Well Data Labs
Well Data Labs has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Hunting, Free Radical Ventures and Montrose Lane. 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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Oilfield equipment and advanced components are manufactured for energy applications.
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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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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 Well Data Labs
| 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 - Well Data Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Well Data Labs Comparisons
Competitors of Well Data Labs
Well Data Labs 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 Seismos, US Well Services, Fishbones, ESG Solutions and ResFrac, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-time fluid-flow monitoring is enabled for oil and gas reservoirs.
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| domain | founded_year | HQ Location |
Hydraulic fracturing services are provided for unconventional wells.
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| domain | founded_year | HQ Location |
Multilateral stimulation technology is developed for improved oil recovery.
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| domain | founded_year | HQ Location |
Microseismic monitoring solutions are provided for the mining industry.
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| domain | founded_year | HQ Location |
Integrated hydraulic fracturing and reservoir simulation software is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Well Data Labs
Frequently Asked Questions about Well Data Labs
When was Well Data Labs founded?
Well Data Labs was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Well Data Labs located?
Well Data Labs is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Well Data Labs a funded company?
Well Data Labs is a funded company, having raised a total of $7.51M across 6 funding rounds to date. The company's 1st funding round was a Series A of $500K, raised on Jun 01, 2015.
How many employees does Well Data Labs have?
As of Dec 31, 2022, the latest employee count at Well Data Labs is 19.
What does Well Data Labs do?
Well Data Labs was established in 2014 and is headquartered in Denver, United States. Software solutions are offered to the oil and gas sector for the management, analysis, and reporting of completions data. Frac jobs are tracked and recorded, while well completion data is analyzed through cloud-based platforms. Operations focus on data handling for industry professionals.
Who are the top competitors of Well Data Labs?
Well Data Labs's top competitors include US Well Services, Seismos and Fishbones.
What products or services does Well Data Labs offer?
Well Data Labs offers Completions Platform, Efficiency Trends, Actionable Alerts, Diagnostic Studies, and Machine Learning Models.
Who are Well Data Labs's investors?
Well Data Labs has 3 investors. Key investors include Hunting, Free Radical Ventures, and Montrose Lane.