Welltec - Crunchbase Company Profile & Funding

Q: Where is Welltec's headquarters?

Welltec is located in Allerød, Hovedstaden, Denmark.

Q: Who invested in Welltec?

Welltec is funded by Summit Partners.

Q: When was the last funding round for Welltec?

Welltec closed its last funding round on obfuscated from a Private Equity round.

Overview

Welltec

Growth Score

Heat Score

Company Performance Metrics

Score

Trend

About These Metrics

AI Content may contain mistakes and is not legal, financial or investment advice.

Learn more.

Growth Score - The measure of growth based on company activity, operational metrics, and investments

Growth Trend - The change in the growth score over the given time period

Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity

Heat Trend - The change in the heat score over the given time period

See more interactive data and historical milestones on desktop for the best experience

About Welltec

CB Rank

471898

Welltec is a manufacturing company that develops and designs conveyance systems such as automated tools for industries.

Acquired by

Riverside Company

Founded

obfuscation

Private

Private Equity

Allerød, Hovedstaden, Denmark

501-1000

www.welltec.com/

Fossil Fuels

Fuel

Industrial

Manufacturing

Oil and Gas

Funding Rounds

Private Equity

OBF

obfuscation

Key People

Jørgen Hallundbæk: Founder, president, and chief executive officer
Søren Søgaard Suhr: Chief financial officer

Details

Legal Name

Welltec A/S

Operating Status

Active

Company Type

For Profit

Founders

Jørgen Hallundbæk

About the Company

Welltec develops and manufactures the conveyance systems for intervention in horizontal and deviated oil and gas wells.

Phone Number

+45 4814 3514

Contact Email

ReceptionDK@welltec.com

Predictions & Insights

Growth Prediction

See this Growth Prediction

Products & Services

Welltec Annular Barrier (WAB)

A product designed to eliminate or reduce sustained casing pressure (SCP) and sustained annulus pressure (SAP) in oil and gas wells, thereby reducing greenhouse gas emissions.

Metal Expandable Packers (MEP)

Expandable packers made of metal used in well completions to ensure well integrity, reduce cement use, and eliminate sustained casing pressure.

Unlock More with Crunchbase Pro

Full access to financial & funding data on unlimited profiles
Export up to 2k results/month for analysis
Track market signals on competitors, products, and R&D
Preview private company insights and predictions

Financials

Company Funding

Funding Rounds

Investors

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity

Funding Rounds

Number of Funding Rounds

Unlock company funding data, including rounds, dates, amounts, and investors.

Announced Date	Transaction Name	Number of Investors	Money Raised	Lead Investors	Funding Type
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity
obfuscated obfuscation	Private Equity Round - Welltec	1	obfuscated obfuscation	Summit Partners	Private Equity

Investors

Unlock company funding data, including rounds, dates, amounts, and investors.

Investor Name	Lead Investor	Funding Round	Partners
Summit Partners	Yes	Private Equity Round - Welltec	—
Summit Partners	Yes	Private Equity Round - Welltec	—
Summit Partners	Yes	Private Equity Round - Welltec	—
Summit Partners	Yes	Private Equity Round - Welltec	—
Summit Partners	Yes	Private Equity Round - Welltec	—