# Horizon Oilfield Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/horizon-oilfield-services

- Industry: Power & Utilities
- Headquarters: Wichita, US
- Website: www.horizonofs.com
- Total disclosed funding: $3.5M
- Latest round: Series A (Oct 31, 2013)
- Investors on record: 1

## About

Horizon Oilfield Services is a specialized provider of innovative technology solutions for the oil and gas industry, enhancing operational efficiencies and streamlining business processes for its clients.Horizon Oilfield Services focuses on delivering technology solutions that improve productivity within the oilfield sector. Headquartered in Wichita, US, the company was founded by George Tingo, who has a background in launching and managing technology-driven business ventures. The company raised USD 3.5 mn in Series A funding from Brightstone Venture Capital in October 2013, marking a significant milestone in its development.Horizon Oilfield Services excels in providing advanced technology solutions tailored for the oil and gas industry, specifically designed to enhance operational efficiency. Their primary offerings include a suite of software applications aimed at automating routine tasks, enabling clients to allocate resources more effectively. These applications address critical issues such as inventory management and data analytics, catering to a diverse clientele that includes mid-sized enterprises to large corporations. Their solutions are available across North America, Europe, and parts of Asia, ensuring comprehensive market reach.Horizon Oilfield Services employs a revenue model that combines subscription services with direct sales, fostering sustainable client relationships. Clients typically engage through annual subscriptions that grant access to the full suite of software tools. The company also establishes strategic partnerships with retailers and wholesalers to broaden product distribution. Its flagship products are offered at various pricing tiers, allowing clients flexibility based on their operational needs and budget.Looking ahead, Horizon Oilfield Services plans to launch new technology solutions specifically designed for enhanced operational performance in the oil and gas sector. With the recent Series A funding of USD 3.5 mn raised from Brightstone Capital, the company aims to accelerate product development and expand its presence in new markets, including regions in Europe and Asia, by 2025. These initiatives are focused on leveraging cutting-edge technology to meet the evolving demands of their client base.

## Funding rounds

- Series A, Oct 31, 2013, $3.5M — Brightstone Venture Capital

## Investors

- Brightstone Venture Capital (https://capitalatlas.ai/funds/brightstone-venture-capital) — Series A