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Maverick X - About the company

Maverick X is a series B company based in Austin (United States), founded in 2022 by Jesse Evans. It operates as a Developer of chemical solutions for oil and gas, mining, water. Maverick X has raised $23.1M in funding from Chord Energy. The company has 60 active competitors, including 3 funded and 22 that have exited. Its top competitors include companies like Dyno Nobel, SBL Energy and Palvi.

Company Details

Developer of chemical solutions for oil and gas, mining, water. It provides chemistry precision-engineered for each use case. The company's solutions are designed to be non-hazardous, non-toxic, non-flammable, and non-carcinogenic. It also offers chemistry-enabled technology to clean wastewater while recovering valuable byproducts.
Key Metrics
Founded Year
2022
Location
Austin, United States
Stage
Series B
Total Funding
$23.1M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
26 as on Mar 31, 2026
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Maverick X's funding and investors

Maverick X has raised a total funding of $23.1M over 2 rounds. Its first funding round was on Dec 22, 2023. Its latest funding round was a Series B round on May 01, 2026 for $*****. 1 investor participated in its latest round. Maverick X has 2 institutional investors.

Here is the list of recent funding rounds of Maverick X:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 01, 2026
8337431
Series B
1500614
7175369
6167375
8660589
Dec 22, 2023
5690584
Series B
6323731
7045146
2992984
6238248
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Maverick X's founders and board of directors

Founder? Claim Profile
The founders of Maverick X is Jesse Evans. Jesse Evans and Eric Herrera are the CEOs of Maverick X.
Here are the details of Maverick X's key team members:

Maverick X's employee count trend

Maverick X has 26 employees as of Mar 26. Here is Maverick X's employee count trend over the years:
Employee count trend for Maverick X
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Maverick X's Competitors and alternates

Top competitors of Maverick X include Dyno Nobel, SBL Energy and Palvi. Here is the list of Top 10 competitors of Maverick X, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Dyno Nobel
Dyno Nobel
1865, Salt Lake City (United States), Acquired
Manufacturer of commercial explosives
-
56/100
2nd
Logo for SBL Energy
SBL Energy
2002, Nagpur (India), Series B
Manufacturer of industrial and mining explosives, detonators, and explosive accessories
$51.2M
48/100
3rd
Logo for Palvi
Palvi
1995, Vadodara (India), Unfunded
Palvi Industries Limited: Top Industrial Chemical Manufacturer specializing in Molybdenum Chemistry Solutions.
-
-
47/100
4th
Logo for Ambani Organics
Ambani Organics
1991, Mumbai (India), Public
Manufacturer and supplier of dyes and chemicals
-
-
43/100
5th
Logo for Enaex
Enaex
1920, Las Condes (Chile), Funding Raised
Provider of logistics and advisory services to mining industry
-
-
42/100
6th
Logo for Anomera
Anomera
2016, Montreal (Canada), Series B
Manufacturer of carboxylated cellulose nanocrystals
$43.3M
42/100
7th
Logo for Benson Polymers
Benson Polymers
1992, Delhi (India), Unfunded
Develops Cyanoacrylate adhesives for industrial applications
-
-
41/100
8th
Logo for Performance Chemiserve
Performance Chemiserve
2017, Pune (India), Acquired
Manufactures agricultural chemicals and fertilizers
-
41/100
9th
Logo for Beezaasan
Beezaasan
2016, Gandhinagar (India), Public
Manufacturer of slurry, emulsion explosives, detonating fuse, and cast boosters
-
-
41/100
10th
Logo for IDEAL Industrial Explosives Ltd
IDEAL Industrial Explosives Ltd
1987, Secunderabad (India), Unfunded
Ideal Explosives - Industrial Explosives and Detonators Suppliers
-
-
39/100
14th
Logo for Maverick X
Maverick X
2022, Austin (United States), Series B
Developer of chemical solutions for oil and gas, mining, water
$23.1M
35/100
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Maverick X's Investments and acquisitions

Maverick X has made no investments or acquisitions yet.

Reports related to Maverick X

Here is the latest report on Maverick X's sector:

News related to Maverick X

Media has covered Maverick X for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Maverick X

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