When was Sekal founded?

Sekal was founded in 2011 and raised its 1st funding round within a year of its incorporation.

Where is Sekal located?

Sekal is headquartered in Sandnes, Norway.

How many employees does Sekal have?

As of Aug 31, 2026, the latest employee count at Sekal is 86.

Is Sekal a funded company?

Sekal is a funded company, having raised a total of $3.72M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 09, 2011.

When was the latest funding round of Sekal?

Sekal's latest funding was a $***** Series A round on Apr 09, 2013, with participation from 1 investor.

What is the annual revenue of Sekal?

Annual revenue of Sekal is between $10M and $50M as on Dec 31, 2022

Where does Sekal rank among its competitors?

Sekal ranks 4th amongst 50 active competitors, of which 9 are funded. It stands 5th 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 Sekal?

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

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

Company Details

Sekal is a Norway based company focused on developing software solutions for drilling automation in the oil and gas industry. The company specializes in developing software solutions real-time dynamic monitoring and integrated drilling process automation

Website: sekal.com
Email ID: *****@sekal.com

Key Metrics

Founded Year

2011

Location

Sandnes, Norway

Stage

Acquired

Total Funding

$3.72M in 2 rounds

Latest Funding Round

Series A, Apr 09, 2013, $*****

Investors

Aramco Ventures & 3 more

Ranked

4^th among 50 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2022

Employee Count

86 as on Aug 31, 2026

Similar Companies

Nabors & 45 more

Exit Details

Acquired by Halliburton (Apr 01, 2026)

View Sekal's full profile

Sekal is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Sekal Aberdeen Limited CIN: SC416188 , United Kingdom, Active	Feb 02, 2012	-	49 (As on Dec 31, 2024)
Sekal AS CIN: 896836072 , United States, Active	May 04, 2011	$10M - $50M (As on Dec 31, 2022)	47 (As on Dec 31, 2021)	-

Sekal got acquired by Halliburton on Apr 01, 2026.

Click here to take a look at Sekal's acquisition in detail

Sekal has raised a total funding of $3.72M over 2 rounds. Its first funding round was on Jun 09, 2011. Its latest funding round was a Series A round on Apr 09, 2013 for $*****. 1 investor participated in its latest round. Sekal has 4 institutional investors.

Here is the list of recent funding rounds of Sekal:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 09, 2013	7535041	Series A	3589233	6514373	7671546	8629896
Jun 09, 2011	5963958	Seed	9997049	7753096	4865857	Equinor & 1 more

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View details of Sekal's funding rounds and investors

Sekal's employee count trend

Sekal has 86 employees as of Aug 26. Here is Sekal's employee count trend over the years:

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

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nabors 1952, Houston (United States), Public	Provider of cloud and app-based onshore and offshore drilling solutions	-	Omega Advisors, Pamplona Capital Management	64/100
2nd	Pason 1978, Calgary (Canada), Public	Provider of integrated drilling data solutions	-	-	56/100
3rd	Enhanced Drilling 1987, Straume (Norway), Acquired	Technology solutions for drilling industry	-	Altor Equity Partners, Viking Venture & 1 others	55/100
4th	Sekal 2011, Sandnes (Norway), Acquired	Software solutions for drilling in oil & gas industry	$3.72M	Equinor, Aramco Ventures & 2 others	53/100
5th	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
6th	MagVAR 2010, Denver (United States), Acquired	Provider of solutions for well directional drilling	-	-	38/100
7th	Ulterra 2005, Fort Worth (United States), Acquired	Manufacturer of polycrystalline diamond compact drill bits	-	Industrial Innovation Partners, Amberjack Capital	37/100
8th	Verdande Technology 2004, Trondheim (Norway), Series B	Provider of real-time drilling decision support for oil and gas industry	$14.4M	Investinor, ProVenture & 3 others	35/100
9th	Integrity Directional Services 2008, Fort Worth (United States), Series B	Directional and horizontal drilling services and software solutions	$32.3M	Falcon Investment Advisors, Maxim Corporate Partners ... & 1 others	35/100
10th	Oliden Technology 2011, Sugar Land (United States), Series B	Research and development on drilling and logging technologies	$14.5M	-	35/100