When was Solstad founded?

Solstad was founded in 1964 and raised its 1st funding round 59 years after it was founded.

Where is Solstad located?

Solstad is headquartered in Skudeneshavn, Norway.

How many employees does Solstad have?

As of Jul 31, 2026, the latest employee count at Solstad is 1912.

Is Solstad a funded company?

Solstad is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Dec 14, 2023.

When was the latest funding round of Solstad?

Solstad's latest funding was a $***** Post IPO round on Dec 14, 2023, with participation from 1 investor.

What is the annual revenue of Solstad?

Annual revenue of Solstad is between $500M and $1B as on Dec 31, 2022

Where does Solstad rank among its competitors?

Solstad ranks 13th amongst 64 active competitors, only 1 of which is funded. ADNOC, which secured $317M in Aug, 2025.

Who are the top competitors of Solstad?

Solstad's top competitors include ADNOC, NOVATEK and MGE Energy. Among them, ADNOC secured the most recent funding round in August, 2025.

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

Company Details

Solstads vision is to be a world leading shipping company, acknowledged by our people, clients and other stakeholders by delivering reliable high quality services to the global Oil & Gas, Renewable Energy and Aquaculture markets.

Website: solstad.com
Social
Email ID: *****@solstad.com
Phone Number: +47 **********

Key Metrics

Founded Year

1964

Location

Skudeneshavn, Norway

Stage

Public

Latest Funding Round

Post IPO, Dec 14, 2023, $*****

Investors

Aker ASA

Ranked

13^th among 64 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2022

Employee Count

1,912 as on Jul 31, 2026

Similar Companies

ADNOC & 70 more

Exit Details

Public

View Solstad's full profile

Solstad is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
SOLSTAD SHIPPING AS CIN: 977228476 , Norway, Active	Feb 04, 1997	-	582 (As on Dec 31, 2022)
Solstad Offshore ASA CIN: 945883294 , Norway, Active	Dec 15, 1987	$500M - $1B (As on Dec 31, 2022)	-
SOLSTAD OFFSHORE ASA CIN: 945883294 , Norway, Active		-	3528 (As on Dec 31, 2020)
DEEP SEA SUPPLY LABUAN LTD CIN: 931384619 , Norway, Active	Aug 14, 2012	-	-

Solstad got listed on Oct 27, 2007.

Click here to take a look at Solstad's IPO in detail

Solstad has raised funding over 1 round. Its latest funding round was a Post IPO round on Dec 14, 2023 for $*****. 1 investor participated in its latest round. Solstad has 1 institutional investor.

Here is the list of recent funding rounds of Solstad:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2023	7421200	Post IPO	9630007	1539463	9959629	9351769

Access funding benchmarks and valuations. Sign up today!

View details of Solstad's funding rounds and investors

Solstad's employee count trend

Solstad has 1,912 employees as of Jul 26. Here is Solstad's employee count trend over the years:

Uncover Solstad's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Solstad include ADNOC, NOVATEK and MGE Energy. Here is the list of Top 10 competitors of Solstad, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ADNOC 1971, Abu Dhabi (United Arab Emirates), Public	Provider of natural gas & oil distributor, processing, and refining services	-	GIC, Mitsui & 14 others	69/100
2nd	NOVATEK 1994, Moscow (Russia), Public	Provider of oil and gas exploration, production and other services	-	Taaleri, Alfa Fortress Capital Group & 1 others	65/100
3rd	MGE Energy 1967, Madison (United States), Public	Natural gas and electricity distribution company	-	-	58/100
4th	EQT 1888, Pittsburgh (United States), Public	Provider of natural gas exploration and production services	-	JANA Partners	56/100
5th	OMV Petrom 1956, Bucharest (Romania), Funding Raised	Provider of oil & gas exploration and refining services	-	Europa	55/100
6th	CNX Resources 1991, Pittsburgh (United States), Public	Provider of natural gas exploration, production, and transmission services	-	Greenlight Capital	55/100
7th	Epsilon Energy 2005, Houston (United States), Public	Provider of natural gas processing and production services	-	-	52/100
8th	CNOOC 1982, Dongcheng (China), Unfunded	Provider of crude oil & natural gas exploration and processing services	-	-	52/100
9th	SATORP 2008, Al Jubail (Saudi Arabia), Acquired	Provider of crude oil refinery operator services	-	Total	51/100
10th	Surgutneftegas 1977, Surgut (Russia), Public	Provider of oil refining & natural gas exploration services	-	Taaleri	49/100
13th	Solstad 1964, Skudeneshavn (Norway), Public	Provider of high quality services to the global Oil & Gas, Renewable Energy and Aquaculture markets	-	Aker ASA	48/100