When was Axxela Group founded?

Axxela Group was founded in 2000.

Where is Axxela Group located?

Axxela Group is headquartered in Lagos, Nigeria.

Who is the current CEO of Axxela Group?

Bolaji Osunsanya of Axxela Group.

How many employees does Axxela Group have?

As of Jun 30, 2026, the latest employee count at Axxela Group is 138.

Is Axxela Group a funded company?

Axxela Group is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Axxela Group rank among its competitors?

Axxela Group ranks 166th amongst 2562 active competitors, of which 34 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Chevron, which secured $13M in Jul, 2025.

Who are the top competitors of Axxela Group?

Axxela Group's top competitors include Shell, MET Petroleum AG and Dominion Energy. Among them, Chevron secured the most recent funding round in July, 2025.

Axxela Group - 2026 Company Profile, Team & Competitors

Axxela Group is an acquired company based in Lagos (Nigeria), founded in 2000. It operates as a Natural gas distribution network operator. The company has 2562 active competitors, including 34 funded and 438 that have exited. Its top competitors include companies like Shell, MET Petroleum AG and Dominion Energy.

Company Details

Website: axxelagroup.com
Social
Email ID: *****@axxelagroup.com
Phone Number: +234 **********

Key Metrics

Founded Year

2000

Location

Lagos, Nigeria

Stage

Acquired

Ranked

166^th among 2562 active competitors

Employee Count

138 as on Jun 30, 2026

Similar Companies

Shell & 2718 more

Exit Details

Acquired by Bluecore Gas Infraco (Jan 07, 2026)

View Axxela Group's full profile

Axxela Group got acquired by Bluecore Gas Infraco on Jan 07, 2026.

Click here to take a look at Axxela Group's acquisition in detail

Axxela Group is a funded company.

Axxela Group's employee count trend

Axxela Group has 138 employees as of Jun 26. Here is Axxela Group's employee count trend over the years:

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Top competitors of Axxela Group include Shell, MET Petroleum AG and Dominion Energy. Here is the list of Top 10 competitors of Axxela Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Gov & 4 others	78/100
2nd	MET Petroleum AG 2012, Zug (Switzerland), Acquired	Provider of natural gas, power, oil, LNG/LPG, and power generation services	$58.7M	Keppel Infrastructure, UBS & 1 others	74/100
3rd	Dominion Energy 1983, United States, Acquired	Producer and transporter of energy	-	TD Securities, Coast Funding & 7 others	73/100
4th	Hera 2002, Bologna (Italy), Public	Diversified multi-utility and waste management services	$9.86M	CDP Equity, 3i Group & 1 others	72/100
5th	YPF 1922, Buenos Aires (Argentina), Public	Provider of natural gas & oil exploration and transportation services	-	BNP Paribas, Santander Bank & 4 others	71/100
6th	Sunoco 1889, United States, Early Stage	Petroleum products distribution company	$350K	Bank of America, FEMA & 1 others	71/100
7th	Enbridge 1949, Calgary (Canada), Public	Provider of liquid storage, transportation and distribution services	-	Stifel, CPP Investments & 2 others	71/100
8th	Mahanagar Gas 1995, Mumbai (India), Public	Fuel & gas distribution company	-	Shell, GAIL & 1 others	69/100
9th	Chevron 1879, Houston (United States), Acquired	Provider of oil & natural gas exploration, production, and refining services	-	Berkshire Hathaway, Alcor Fund & 7 others	69/100
10th	Eni Next 1953, Boston (United States), Public	Provider of exploration, production, and distribution services of oil & gas	-	B Capital Fund, Public Investment Fund & 4 others	69/100
166th	Axxela Group 2000, Lagos (Nigeria), Acquired	Natural gas distribution network operator	-	-	42/100