Provider of wellbore intervention engineering solutions and rental tools

About Wfrtools

Wfrtools is a company was acquired by Archer in October 2024.. The company has 41 employees as of December 31, 2022.

  • Employees 41 as on 31 Dec, 2022
  • Sectors
    Agriculture
  • Phone
    *********
  • Website
    *********
  • Legal Name Wellbore Fishing & Rental Tools Llc
Operational Areas
Agriculture → Aquaculture & Fisheries
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    41

    as on Dec 31, 2022

  • Acquired by
    Archer

    (Oct 30, 2024)

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People of Wfrtools
Headcount 50-200
Employee Profiles 14
Employee Profiles
People
Joshua Pellegrin
District Manager
People
Douglas Spiehler
Tool Supervisor
People
Britt Byrne
Tool Hand
People
Justin Arbuckle
Operation Coordinator

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Funding Insights of Wfrtools

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wfrtools

Wfrtools has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Archer. 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.

All
Institutional
Investor Description Founded Year Domain Location
Archer is recognized as a global energy service provider.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wfrtools

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Wfrtools

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wfrtools Comparisons

Employees
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Competitors of Wfrtools

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wfrtools

Frequently Asked Questions about Wfrtools

How many employees does Wfrtools have?

As of Dec 31, 2022, the latest employee count at Wfrtools is 41.

What does Wfrtools do?

Wellbore intervention engineering solutions and rental tools are supplied by Wfrtools to operators in the oil and gas sector. Services encompass drilling, completion, recompletion, casing exits, plug and abandonment, and thru-tubing fishing. Technical sales support is emphasized through a consulting model, where assistance is given in tool selection and operations. Standard and specialized tools are configured to reduce non-productive time. Operations focus on engineering expertise without specified geographic limits.

Who are Wfrtools's investors?

Wfrtools has 1 investor. Key investors include Archer.

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