When was eDrilling founded?

eDrilling was founded in 2008 and raised its 1st funding round 14 years after it was founded.

Where is eDrilling located?

eDrilling is headquartered in Stavanger, Norway.

How many employees does eDrilling have?

As of Mar 31, 2026, the latest employee count at eDrilling is 27.

Is eDrilling a funded company?

eDrilling is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Nov 01, 2022.

When was the latest funding round of eDrilling?

eDrilling's latest funding was a $***** Grant (prize money) round on Nov 01, 2022, with participation from 1 investor.

Where does eDrilling rank among its competitors?

eDrilling ranks 20th amongst 61 active competitors, of which 9 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Reelwell, which secured $3.8M in Mar, 2025.

Who are the top competitors of eDrilling?

eDrilling's top competitors include Tachyus, Nabors and Enhanced Drilling. Among them, Reelwell secured the most recent funding round in March, 2025.

eDrilling - 2026 Company Profile, Team, Funding, Competitors & Financials

eDrilling is a funded company based in Stavanger (Norway), founded in 2008. It operates as a Developer of 3D simulation-based well-drilling simulator software. eDrilling has raised an undisclosed amount in funding. The company has 61 active competitors, including 9 funded and 17 that have exited. Its top competitors include companies like Tachyus, Nabors and Enhanced Drilling.

Company Details

Developer of 3D simulation-based well-drilling simulator software. It develops a digital twin platform for drilling. Provides advanced dynamic drilling models and diagnosis technology in a virtual wellbore and provides modules for planning & design, scenario development, training, operations, and analysis under well planner, well, wellhead, and well-balancer.

Website: edrilling.no
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Email ID: *****@edrilling.no
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Key Metrics

Founded Year

2008

Location

Stavanger, Norway

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Nov 01, 2022, $*****

Investors

HitecVision & 1 more

Ranked

20^th among 61 active competitors

Employee Count

27 as on Mar 31, 2026

Similar Companies

Tachyus & 53 more

View eDrilling's full profile

eDrilling is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EDRILLING AS CIN: 993425575 , Norway, Active	Nov 04, 2008	-	10 (As on Dec 31, 2022)
EDRILLING AS CIN: 993425575 , United States, Active	Nov 04, 2008	-	-	-
eDrilling AS CIN: 993425575 , Norway, Active	May 10, 2008	-	-

eDrilling has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Nov 01, 2022 for $*****. 1 investor participated in its latest round. eDrilling has 2 institutional investors.

Here is the list of recent funding rounds of eDrilling:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 01, 2022	4521372	Grant (prize money)	2008955	8154943	4236911	9229731

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eDrilling's employee count trend

eDrilling has 27 employees as of Mar 26. Here is eDrilling's employee count trend over the years:

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Top competitors of eDrilling include Tachyus, Nabors and Enhanced Drilling. Here is the list of Top 10 competitors of eDrilling, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Tachyus 2013, Palo Alto (United States), Acquired	Developer of software for operational optimization and emissions management solutions	$46.9M	Founders Fund, Caffeinated Capital & 16 others	65/100
2nd	Nabors 1952, Houston (United States), Public	Provider of cloud and app-based onshore and offshore drilling solutions	-	Omega Advisors, Pamplona Capital Management	64/100
3rd	Enhanced Drilling 1987, Straume (Norway), Acquired	Technology solutions for drilling industry	-	Altor Equity Partners, Viking Venture & 1 others	55/100
4th	Aker Solutions 1841, Oslo (Norway), Acquired	Provider of diversified solutions for the oil and gas industry	-	Europa	54/100
5th	Sekal 2011, Sandnes (Norway), Acquired	Software solutions for drilling in oil & gas industry	$3.72M	Aramco Ventures, Equinor & 2 others	53/100
6th	FutureOn 2016, Oslo (Norway), Acquired	Provider of a cloud-based digital twin software solution for oilfield asset management	-	Bentley Acceleration Fund, Bentley iTwin Ventures ... & 2 others	51/100
7th	Pason 1978, Calgary (Canada), Public	Provider of integrated drilling data solutions	-	-	50/100
8th	4Subsea 2007, Asker (Norway), Acquired	Subsea well management and monitoring solutions	-	Viking Venture	44/100
9th	Reelwell 2004, Stavanger (Norway), Series A	Developer of wired drill pipe technology for land and offshore use	$12.2M	Lime Rock Partners, Odfjell Technology & 2 others	40/100
10th	MagVAR 2010, Denver (United States), Acquired	Provider of solutions for well directional drilling	-	-	38/100
20th	eDrilling 2008, Stavanger (Norway), Funding Raised	Developer of 3D simulation-based well-drilling simulator software	-	HitecVision, gassnova	33/100