What is Onward?
Onward Consulting provides comprehensive solutions for the oil and gas sector, encompassing SEMS compliance, HSE management, logistics, inspections, and training for both offshore and onshore operations. The company distinguishes itself by offering more than just staffing, focusing on leadership, safety, and performance enhancement to optimize client operations. Onward is committed to employee development and knowledge retention, ensuring consistent and reliable service delivery tailored to specific client requirements. Their expertise in improving safety performance and regulatory compliance positions them as a trusted partner within the global oil and gas industry.
How much funding has Onward raised?
Onward has raised a total of $500K across 2 funding rounds:
Debt
$350K
Debt
$150K
Debt (2020): $350K with participation from PPP
Debt (2024): $150K led by Celtic Bank
Key Investors in Onward
Celtic Bank
Celtic Bank is a financial institution that likely provides debt financing and banking services, potentially specializing in supporting industrial and operational companies within sectors like oil and gas.
PPP
Public-Private Partnership
What's next for Onward?
The substantial enterprise-level funding indicates Onward is poised for significant scaling and potentially further diversification of its service offerings. This strategic investment will likely fuel expansion into new geographical markets and enhance its technological capabilities in areas like digital compliance and remote operational monitoring. The company's focus on developing its workforce and maintaining institutional knowledge suggests a long-term strategy aimed at solidifying its leadership position and adapting to the evolving demands of the energy sector, particularly in areas of safety and sustainability.
See full Onward company page
