About Welligence
Welligence is a company based in Houston (United States) founded in 2016 by Seth Neel and Ross Lubetkin. Welligence has raised $41 million across 1 funding round from investors including Veriten, EDG Group and Elephant Elephant. Welligence offers products and services including Welligence Platform, Upstream Assets, Valuations and Reports, Mapping Tools, and Field Technical Analysis. Welligence operates in a competitive market with competitors including Akselos, Kayrros, Maana, Enverus and Cognite, among others.
- Headquarter Houston, United States
- Founders Seth Neel, Ross Lubetkin
-
Sectors
Energy & UtilitiesTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Welligence Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$41 M (USD)
in 1 rounds
-
Latest Funding Round
$41 M (USD), Series B
Jan 22, 2024
-
Investors
Veriten
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Welligence
Welligence offers a comprehensive portfolio of products and services, including Welligence Platform, Upstream Assets, Valuations and Reports, Mapping Tools, and Field Technical Analysis.
Subscription service for oil and gas data insights.
Tools for analyzing oil and gas upstream assets.
Services for asset valuations and industry reports.
Interactive maps for energy sector data.
Analysis for field operations in oil and gas.
People of Welligence
Unlock access to complete
Funding Insights of Welligence
Welligence has successfully raised a total of $41M through 1 strategic funding round. The most recent funding activity was a Series B round of $41 million completed in January 2024. 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 1
- Last Round Series B — $41.0M
-
First Round
First Round
(22 Jan 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series B - Welligence | Valuation | Elephant Venture Capital |
Investors in Welligence
Welligence has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Veriten, EDG Group and Elephant Elephant.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm dealing with enterprise software, consumer internet, and mobile markets.
|
Founded Year | Domain | Location | |
|
Energy research, investing, and strategy firm for partners and investors.
|
Founded Year | Domain | Location | |
|
EDG Group is engaged in logistics and facilities management solutions.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Welligence
Financial Statements - Welligence
Welligence Comparisons
Competitors of Welligence
Welligence 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 Akselos, Kayrros, Maana, Enverus and Cognite, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for operational simulation and predictive analytics is offered.
|
|
| domain | founded_year | HQ Location |
Environmental footprints are measured via satellite imagery and AI analysis.
|
|
| domain | founded_year | HQ Location |
Analytics and knowledge graph platform is offered for multi-industry applications.
|
|
| domain | founded_year | HQ Location |
Accounts payable and receivable solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
AI-based software for production data analysis and collaboration is provided.
|
|
| domain | founded_year | HQ Location |
Predictive and prescriptive analytics are delivered to the industrial sector.
|
Frequently Asked Questions about Welligence
Welligence was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Welligence is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Ross Lubetkin is the current CEO of Welligence. They have also founded this company.
Welligence is a funded company, having raised a total of $41M across 1 funding round to date. The company's 1st funding round was a Series B of $41M, raised on Jan 22, 2024.
Welligence was founded in 2016 and is headquartered in Houston, United States. A platform is provided that leverages artificial intelligence for decision support, including asset valuations, detailed overviews, interactive maps, and data analytics focused on quality assessments. Solutions are utilized by sectors such as financial institutions, energy, and oil and gas industries to facilitate informed operational and investment decisions.
Welligence offers Welligence Platform, Upstream Assets, Valuations and Reports, Mapping Tools, and Field Technical Analysis.
Welligence has 3 investors. Key investors include Veriten, EDG Group, and Elephant Elephant.