About Welltec
Welltec is a company based in Allerød (Denmark) founded in 1994 was acquired by Superior Energy in September 2026. Welltec has raised $182.17 million across 5 funding rounds from investors including Exor, Superior Energy and PFA Pension. The company has 140 employees. Welltec has completed 1 acquisition, including Autentik. Welltec offers products and services including Reservoir Optimization and Intervention Services.
- Headquarter Allerød, Denmark
- Employees 140
- Email••••••••
- Phone•••• ••••
- Website welltec.com
- Social LinkedIn Facebook Instagram
- Acquired by Riverside (Jun 2005)
- Legal Name Welltec A/S
- Annual Revenue$39.73 M (USD)13as on Dec 31, 2021
- Net Profit$841.27 K (USD)134as on Dec 31, 2021
- EBITDA$3.4 M (USD)144as on Dec 31, 2021
- Total Equity Funding$182.17M (USD)
in 5 rounds
- InvestorsExor
& 5 more
- Employee Count140
- Investments & Acquisitions
- Acquired by
Products & Services of Welltec
Welltec offers a comprehensive portfolio of products and services, including Reservoir Optimization and Intervention Services.
Solutions are provided for maximizing reservoir contact and optimizing recovery in energy operations.
Services are offered for dealing with uncertainty and complex tasks in completion and new energy sectors.
Funding Insights of Welltec
Welltec has successfully raised a total of $182.17M across 5 strategic funding rounds. 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 $182.17M
- Total Rounds 5
- First Round $65.8M
(Jul 2007)
- Investors Count 4
All 5 funding rounds of Welltec 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 |
|---|---|---|---|---|---|
| Nov 2023 | – | Unspecified | – | Legacy Africa | – |
| Feb 2016 | $116M | Unspecified | – | – | |
| Sep 2013 | $372,000 | Unspecified | – | PFA Pension | – |
| Feb 2012 | $325M | Debt – Conventional | – | – | – |
| Jul 2007 | $65.8M | Unspecified | – | Summit Partners | – |
6 investors in total: 6 institutional.
Investors in Welltec
Welltec has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Exor, Superior Energy and PFA Pension.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Summit Partners is recognized as a growth equity investment firm. | – | summitpartners.com | Boston, United States | |
Private equity and debt are provided to middle market companies. | – | riversidecompany.com | Cleveland, United States | |
Manages investments for institutional and retail investors in African equity and markets. | 2012 | legacyafrica.co.za | Johannesburg, South Africa | |
Venture capital firm focused on health insurance companies and operates multiple industries | 1927 | exor.com | Amsterdam, Netherlands | |
Pension fund for the employees in Denmark | 1917 | pfa.dk | Copenhagen, Denmark | |
Oilfield rental equipment and well services are provided globally. | 1989 | superiorenergy.com | Houston, United States |
Investor details for Welltec
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.
Investments & Acquisitions by Welltec
Welltec has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Autentik.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Electric release fishing tools are manufactured and supplied for operations. | autentik.no | Stavanger, Norway | 2016 | Mar 2023 | •••• |
Complete acquisition details for Welltec
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Welltec
6 dated milestones of Welltec across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Welltec is founded.
- Exit Acquired by Riverside.
- Funding First funding round of $65.8M.
- Acquisition Acquires Autentik.
- Funding Latest funding round, Unspecified,.
- Exit Acquired by Superior Energy.
Web traffic of Welltec
The website of Welltec (welltec.com) receives about 22K visits a month.
- Monthly visits22K
▲ 14.9% vs previous month
Websites whose visitors overlap most with Welltec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| slb.com | 100% | 1.8M | #25,890 | View details | |
| weatherford.com | 99% | 192.2K | #267,478 | View details | |
| tetratech.com | 82% | 108.4K | #350,534 | View details | |
| nabors.com | 82% | 132.4K | #311,609 | View details | |
| keyenergy.com | 79% | 6.4K | #3,314,660 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Welltec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Welltec
Complete news archive for Welltec
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.
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
Frequently Asked Questions about Welltec
Welltec was founded in 1994 and raised its 1st funding round 13 years after it was founded.
Welltec is headquartered in Allerød, Denmark.
Welltec is a funded company, having raised a total of $182.17M across 5 funding rounds to date. The company's 1st funding round was a Unspecified of $65.8M, raised on Jul 2007.
Welltec has 140 employees.
Annual revenue of Welltec is $39.73M as on Dec 31, 2021.
Welltec was founded in 1994 in Alleroed, Denmark, and focuses on the oil and gas sector. Well technology and solutions are developed for onshore and offshore environments, including deepwater, subsea, extended-reach, high-yield, heavy oil, and unconventional gas wells. Services encompass logging, perforation, and mechanical tasks such as plug pulling, valve manipulation, clean-up, and milling, with specialization in robotic interventions.
Welltec offers Reservoir Optimization and Intervention Services.
Welltec has made 1 acquisition, including Autentik.
Welltec has 6 investors. Key investors include Exor, Superior Energy, PFA Pension, Legacy Africa, and Summit Partners.
Welltec operates through Welltec A/S.
Yes. Welltec was acquired by Riverside in June 2005.