
Sourcewater
Sourcewater is the technology leader in upstream energy and water market intelligence.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | $7.2m | Series A | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Sourcewater, Inc., now operating as Sourcenergy, was founded in 2014 by Josh Adler. The company is headquartered in Houston, Texas, and has established itself as a key player in the upstream energy and water intelligence sector. Adler's background in data science and environmental engineering provided the foundation for a platform that addresses critical needs in the oil and gas industry.
Sourcenergy's core business revolves around providing data intelligence solutions for the energy and water markets. The company serves a diverse client base, including oil and gas operators, service companies, and financial institutions. Its business model is based on a subscription-based service, offering access to its proprietary data and analytics platforms. Sourcenergy generates revenue by charging clients for access to its comprehensive datasets and analytical tools.
The company's flagship product is Sourcewater Geo, a geoscience platform that specializes in saltwater disposal and sourcing analytics. This platform provides detailed insights into water management in the oil and gas industry, a critical aspect of unconventional resource development. Sourcewater Geo features a comprehensive database of saltwater disposal wells, including information on capacity, utilization, and pricing. The platform also offers tools for analyzing seismic activity and its potential links to saltwater disposal operations. Another key product is DirtWork Alert, which provides real-time monitoring of new well pad construction, a key indicator of future drilling activity.
Keywords: upstream energy, water intelligence, data analytics, oil and gas, water management, geoscience platform, saltwater disposal, energy data, market intelligence, Houston
Tech stack
Investments by Sourcewater
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