INDEX
DrilTech breadcrumbs-arrow DrilTech Financial Insights

How Much Did DrilTech Raise?
Funding & Key Investors

DrilTech, a specialist in Directional Drilling, Measurement While Drilling (MWD), and Gamma Technology for the oil and gas sector, has secured significant enterprise-level funding. The company's total funding to date stands at $2.4M, with its most recent capital infusion being $1.4M from a major strategic investment round. This latest financing underscores the company's established presence and ongoing strategic importance within the energy industry.

What is DrilTech?

DrilTech
Energy, Utilities & WasteOil & Gas Exploration & ServicesBusiness Services

Established in 2003, DrilTech operates as a full-service Directional Drilling company, providing essential MWD and Gamma services. The firm is committed to delivering reliable solutions, prioritizing quality, service, and compliance to ensure high levels of customer satisfaction. DrilTech actively invests in technology and fosters strong customer partnerships to optimize drilling programs, aiming to lead the market through superior performance and adherence to stringent safety standards.

How much funding has DrilTech raised?

DrilTech has raised a total of $2.4M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.4M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.4M led by PPP

Key Investors in DrilTech

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for DrilTech?

The substantial enterprise-level backing indicates DrilTech is poised for significant scaling and further technological advancement. This strategic investment will likely fuel expansion into new markets, enhance its MWD and Gamma service capabilities, and potentially support research and development for next-generation drilling technologies. The company's focus on partnerships and compliance suggests a strategy geared towards solidifying its position as a trusted provider in the competitive oil and gas exploration landscape.

See full DrilTech company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Energy, Utilities & Waste industry

Kline Paper Mill Supplies
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling
AET Environmental
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling
Unlimited Sanitation
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling
POWER Energy Partners
Electricity, Oil & GasEnergy, Utilities & Waste

Frequently Asked Questions Regarding DrilTech Financial Insights

What are the most recent funding rounds that DrilTech has completed, and what were the funding rounds?
DrilTech has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 4, 2020. What is the total amount of funding DrilTech has raised to date?
DrilTech has raised a total of $2.4M in funding to date. How many funding rounds has DrilTech completed?
DrilTech has completed 2 funding rounds. How much funding did DrilTech raise in its most recent funding round?
DrilTech raised $1.4M in its most recent funding round. Who are the lead investors in DrilTech's latest funding round?
The lead investor in DrilTech's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo. Which was the largest funding round in DrilTech's history?
The largest funding round in DrilTech's history was $1.4M.
See more information about DrilTech

Test Drive ZoomInfo's Directories

Browse Directories

Most Searched Industries

Construction Law Firms & Legal Services Business Services Finance Manufacturing Agriculture Software Accounting & Accounting Services Retail Healthcare Energy, Utilities & Waste Treatment Telecommunications Transportation Real Estate
People SearchCompany Search