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Prax - About the company

Prax is an unfunded company based in London (United Kingdom), founded in 2014. It operates as a Provider of oil refining, storage, distribution services. Prax has not raised any funding yet. The company has 911 active competitors, including 42 funded and 311 that have exited. Its top competitors include companies like Shell, Archrock and Dominion Energy.

Company Details

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Registered Address
Rīga, Duntes iela 6
Key Metrics
Founded Year
2014
Location
Stage
Unfunded
Ranked
Employee Count
1,000 - 4,999 as on Mar 01, 2026
Investment & Acquisitions
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Prax's funding and investors

Prax has not raised any funding rounds yet.

Prax's founders and board of directors

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Prax's employee count trend

Prax has 1,000 - 4,999 employees as of Mar 26. Here is Prax's employee count trend over the years:
Employee count trend for Prax
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Prax's Competitors and alternates

Top competitors of Prax include Shell, Archrock and Dominion Energy. Here is the list of Top 10 competitors of Prax, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Shell
Shell
1907, London (United Kingdom), Public
Provider of natural gas & oil exploration, refining, midstream, and upstream services
-
78/100
2nd
Logo for Archrock
Archrock
1954, Houston (United States), Acquired
Provider of natural gas compression solutions for midstream companies
$15M
73/100
3rd
Producer and transporter of energy
-
73/100
4th
Logo for TotalEnergies
TotalEnergies
1924, Paris (France), Public
Integrated energy company producing and marketing energy sources
-
73/100
5th
Logo for Chevron
Chevron
1879, Houston (United States), Acquired
Provider of oil & natural gas exploration, production, and refining services
-
69/100
6th
Logo for Eni Next
Eni Next
1953, Boston (United States), Public
Provider of exploration, production, and distribution services of oil & gas
-
69/100
7th
Logo for OMV Group
OMV Group
1956, Vienna (Austria), Acquired
Provider of oil & gas exploration and production services
-
68/100
8th
Logo for Naturgy
Naturgy
1843, Madrid (Spain), Public
Provider of electricity distribution services
-
67/100
9th
Logo for Oneok
Oneok
1906, Tulsa (United States), Public
Provider of natural gas operator and transportation services
-
-
67/100
10th
Logo for Gazprom
Gazprom
1989, Saint Petersburg (Russia), Public
Provider of natural gas & oil production, processing, and transportation services
-
66/100
232nd
Logo for Prax
Prax
2014, London (United Kingdom), Unfunded
Provider of oil refining, storage, distribution services
-
-
38/100
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Prax's Investments and acquisitions

Prax has made 1 investment in PCK and acquired Hurricane Energy and HKS Holdings.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 18, 2023
Investments
Schwedt (Germany)
Mar 20, 2023
Acquisition
2005
Godalming (United Kingdom)
Nov 01, 2018
Acquisition
2012
Milwaukee (United States)
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Reports related to Prax

Here is the latest report on Prax's geography:

News related to Prax

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Media has covered Prax for a total of 13 events in the last 1 year, 1 of them has been about company updates.
•
New Hope Emerges for Insolvent UK RefineryOilPrice.com•Aug 13, 2025•Prax
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