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Oildex - About the company

Oildex is an acquired company based in Denver (United States), founded in 1999. It operates as a Cloud-based oil and gas accounting software. Oildex has raised $38M in funding. The company has 81 active competitors, including 4 funded and 17 that have exited. Its top competitors include companies like Enverus, P2 Energy Solutions and Datum360.

Company Details

Oildex is a provider cloud-based oil and gas accounting software with workflow automation and electronic document exchange. It features solutions for invoicing, financial reporting, analytics, sales & supplier management, price tracking, etc.
Website
oildex.com
Social
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Email ID
*****@oildex.com
Key Metrics
Founded Year
1999
Location
Denver, United States
Stage
Acquired
Total Funding
Investors
Ranked
Employee Count
28 as on Jan 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Drillinginfo (Sep 18, 2018)

Oildex's acquisition details

Oildex got acquired by Drillinginfo on Sep 18, 2018.
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Oildex's funding and investors

Oildex has raised a total funding of $38M. Oildex has 1 institutional investor.

Oildex's founders and board of directors

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Oildex's employee count trend

Oildex has 28 employees as of Jan 26. Here is Oildex's employee count trend over the years:
Employee count trend for Oildex
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Oildex's Competitors and alternates

Top competitors of Oildex include Enverus, P2 Energy Solutions and Datum360. Here is the list of Top 10 competitors of Oildex, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enverus
Enverus
1999, Austin (United States), Acquired
Business intelligence software for multiple industries
-
64/100
2nd
Logo for P2 Energy Solutions
P2 Energy Solutions
1999, Denver (United States), Acquired
Provider of software and data solutions for oil and gas companies
$60M
45/100
3rd
Logo for Datum360
Datum360
2009, Middlesbrough (United Kingdom), Acquired
Digital solution to manage data and projects in engineering services
$791K
45/100
4th
Logo for Cortex
Cortex
1999, Calgary (Canada), Acquired
Provider of account payables and receivables solutions for businesses
-
-
42/100
5th
Logo for Total Automation Solutions
Total Automation Solutions
2005, Pune (India), Unfunded
Provider of industrial automation solutions
-
-
41/100
6th
Logo for InVistaWare
InVistaWare
2013, Calgary (Canada), Series A
Cloud-based operations management software for the oil and gas industry
$10.2M
38/100
7th
Logo for Exebenus
Exebenus
2014, Stavanger (Norway), Funding Raised
Digitization software for oil-well operations
-
37/100
8th
Logo for Hannon Westwood
Hannon Westwood
2009, London (United Kingdom), Late Stage
Provider of data and intelligence services to upstream oil and gas industry
$15.2M
37/100
9th
Logo for Avatar Systems
Avatar Systems
1996, Frisco (United States), Unfunded
Data management solutions for the upstream oil and gas industry
-
-
36/100
10th
Logo for Exprodat
Exprodat
1997, London (United Kingdom), Acquired
Web-based GIS solutions provider for oilfield operations
-
-
36/100
16th
Logo for Oildex
Oildex
1999, Denver (United States), Acquired
Cloud-based oil and gas accounting software
$38M
32/100
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Oildex's Investments and acquisitions

Oildex has acquired Phoenix DAS. Oildex has not made any investments as of now.

News related to Oildex

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