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
- SectorsEnergy & UtilitiesTechnology
- Email••••••••
- Phone•••• ••••
- Website welligence.com
- Social LinkedIn X
- Legal Name Welligence Inc.
- Total Equity Funding$41M (USD)
in 1 rounds
- Latest Funding Round$41M (USD), Series B
Jan 2024
- InvestorsVeriten
& 2 more
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.
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 $41M
- Total Rounds 1
- Last Round Series B — $41M
- First Round $41M
(Jan 2024)
- Investors Count 3
All 1 funding rounds of Welligence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $41M | Series B | – | Elephant Venture Capital |
3 investors in total: 3 institutional.
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. | – | elephantvc.com | - | |
Energy research, investing, and strategy firm for partners and investors. | 2012 | veriten.com | Addison, United States | |
EDG Group is engaged in logistics and facilities management solutions. | – | edggroup.co.uk | Laindon, United Kingdom |
Investor details for Welligence
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Welligence
37 people are tracked at Welligence (28 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Seth Neel | Co-Founder | Leadership |
Ross Lubetkin | Co-Founder & CEO | Leadership |
Fernando T. | Senior Research Analyst - Head Of Emissions | Leadership |
Jesse Jefferies | Head Of Customer Success | Leadership |
Pablo Medina | Head of New Ventures | Leadership |
Andrew Milburn-Stone | Senior Vice President - Asia | Leadership |
Z. Tesemma | Head Of North America Onshore Data | Leadership |
Alberto Bullrich | Chief Revenue Officer | Leadership |
David Thomson | Vice President, Sub-Saharan Africa Research | Leadership |
Nitish Goyal | Head Of Data Science | Leadership |
David Moseley | Head Of Europe Research | Leadership |
Ross Cassidy | Vice President Middle East and North Africa Research | Leadership |
Sam Rastin | Chief Technology Officer | Leadership |
Ivan Cima | Chief Operating Officer | Leadership |
John Corr | SVP - Head Of EMEA & APAC | Leadership |
Marc Howson | Head of Asia | Leadership |
Juan Agudelo | Head of Energy Transition | Leadership |
Dominic Lewenz | Head Of Russia & Caspian | Leadership |
Martin Sherriff | Head of the Middle East | Leadership |
Jeffrey Williams | Vice President Of North America | Leadership |
17 more people are available in the full profile.
Complete people profiles for Welligence
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Welligence
2 dated milestones of Welligence across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Welligence is founded.
- Funding First funding round of $41.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akselos.com | 2010 | Lausanne, Switzerland | $28.7M | – | Cloud-based platform for operational simulation and predictive analytics is offered. | |
| kayrros.com | 2016 | Paris, France | $83.88M | – | Environmental footprints are measured via satellite imagery and AI analysis. | |
| maana.io | 2012 | Palo Alto, United States | $90.22M | 107 | Analytics and knowledge graph platform is offered for multi-industry applications. | |
| cortex.net | 1999 | Calgary, Canada | – | 24 | Accounts payable and receivable solutions are provided for businesses. | |
| cognite.com | 2016 | Lysaker, Norway | $225M | – | AI-based software for production data analysis and collaboration is provided. | |
| lone-star.com | 2006 | Addison, United States | – | 116 | Predictive and prescriptive analytics are delivered to the industrial sector. | |
| oilx.co | 2018 | London, United Kingdom | $2.2M | 22 | Oil data analytics and market intelligence solutions are provided. | |
| delfos.energy | 2016 | Barcelona, Spain | $8.21M | – | AI-based monitoring for renewable energy plants is provided. | |
| ruths.ai | 2013 | Houston, United States | $5M | 8 | Data analytics and visualization are provided for Oil and Gas. |
Detailed competitors of Welligence
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Welligence
The website of Welligence (welligence.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▼ 0.8% vs previous month
Latest news on Welligence
Complete news archive for Welligence
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Welligence
10 companies that operate in the same segment as Welligence (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 5.44 B | – | 242 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Norway | USD 225 M | – | 1 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | USD 1.67 M | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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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 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.
Welligence operates through Welligence Inc..