LGX - About the company
LGX is a seed company based in Walla Walla (United States), founded in 2021. It operates as a Provider of 3D seismic solutions for oil exploration. LGX has raised $2.22M in funding. The company has 117 active competitors, including 13 funded and 27 that have exited. Its top competitors include companies like Electromagnetic Geoservices, Acceleware and DUG.
Company Details
Provider of 3D seismic technology for oil exploration. It provides seismic technology solutions to discover and produce oil. It uses 3D seismic solutions to identify undrilled locations in existing oil fields.
- Website
- www.lgxenergycorp.com/
- Email ID
- *****@lgxenergycorp.com
Key Metrics
Founded Year
2021
Location
Walla Walla, United States
Stage
Seed
Total Funding
$2.22M in 3 rounds
Latest Funding Round
Ranked
30th among 117 active competitors
Employee Count
2 as on Jun 30, 2026
Similar Companies
Legal entities associated with LGX
LGX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LGX Energy Corp. CIN: 873497563 , United States, Active | May 23, 2023 | $1 - $1M (As on May 19, 2023) | - | - |
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LGX's funding and investors
LGX has raised a total funding of $2.22M over 3 rounds. Its first funding round was on May 19, 2023.
Here is the list of recent funding rounds of LGX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 13, 2026 | 4953360 | Seed | 7658288 | 9059787 | 6469424 | 4377796 |
Nov 03, 2023 | 4191452 | Seed | 8083945 | 7278323 | 4924724 | 9889114 |
May 19, 2023 | 2703834 | Seed | 7177511 | 1370282 | 3528019 | 7909819 |
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LGX's founders and board of directors
Founder? Claim ProfileLGX's employee count trend
LGX has 2 employees as of Jun 26. Here is LGX's employee count trend over the years:
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LGX's Competitors and alternates
Top competitors of LGX include Electromagnetic Geoservices, Acceleware and DUG. Here is the list of Top 10 competitors of LGX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Electromagnetic Geoservices 2002, Trondheim (Norway), Public | 3D electromagnetic data provider for offshore oil and gas exploration | $30M | - | 55/100 |
2nd |  Acceleware 2004, Calgary (Canada), Public | Provider of seismic imaging software and enhanced oil recovery technology solutions | - | 53/100 | |
3rd | Provider of cloud and AI-based seismic processing, depth imaging solutions & services | - | - | 49/100 | |
4th | Provider of subsurface data and intelligence for the energy industry | - | 47/100 | ||
5th |  PanGeo Subsea 2006, United Kingdom, Acquired | Offering risk mitigation services for offshore installations | $11M | 47/100 | |
6th | Platform of oil and gas exploration and development | - | - | 45/100 | |
7th | Searcher Seismic 2005, Perth (Australia), Unfunded | Seismic data sets provider for oil & gas industry | - | - | 44/100 |
8th | Wireless Seismic 2006, Stafford (United States), Series D | Developers of wireless seismic recording systems | $78M | 43/100 | |
9th | Seitel 1982, Houston (United States), Acquired | Provider of seismic data for oil & gas companies | - | 42/100 | |
10th | Seismic survey company for hydrocarbon exploration | - | - | 42/100 | |
30th |  LGX 2021, Walla Walla (United States), Seed | Provider of 3D seismic solutions for oil exploration | $2.22M | - | 30/100 |
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LGX's Investments and acquisitions
LGX has made no investments or acquisitions yet.
Reports related to LGX
Here is the latest report on LGX's sector:
News related to LGX
•
BGX Outlines Strategy for Expansion in Illinois Basin with LGX Energy PartnershipFinancial Post•Jun 26, 2025•BGX, LGX
•
•
Black Gold Exploration joins with LGX Energy to expand key U.S. oil and gas leasesWorld Oil•Oct 22, 2024•LGX, BGX
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