# Salamander Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/salamander-solutions

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Houston, US
- Website: www.salamandersolutions.com
- Total disclosed funding: $7M
- Latest round: Series A (Jul 2, 2018)
- Investors on record: 4

## About

Salamander Solutions Inc. delivers innovative heater cable technology tailored for the oil and gas sector, focusing on efficiency and safety for flowline operations.Founded in 2017, Salamander Solutions Inc. is headquartered in Houston, US, specializing in heater cable technology for the oil and gas industry. The company has completed two deals and recently raised USD 7.00 mn in a SERIES A funding round led by Eden Rock Group. The CEO, Ben Van Den Brule, oversees operations, with the company maintaining a focus on innovative heating solutions.Salamander Advanced Heater Solutions specializes in advanced heater cable technology designed for the oil and gas industry. Their product offerings include rugged heater cables capable of operating at higher temperatures and lengths up to 80 kilometers, enabling effective heat delivery and blockage prevention in flowlines. The company also provides services such as reservoir modeling, well potential analysis, and comprehensive turnkey heating system design and deployment. Their client base encompasses oil and gas operators across North America, Europe, and subsea operational regions, addressing production needs while minimizing environmental impact and enhancing safety.Salamander Advanced Heater Solutions generates revenue through direct contracts with clients in the oil and gas sector, focusing on customized heater cables and related services. Their revenue model includes manufacturing, deployment, and control and monitoring systems. Client contracts often involve long-term engagements with options like leasing or performance-based agreements, ensuring tailored solutions that optimize operational efficiency and production outcomes.Salamander Solutions Inc. plans to leverage its recent funding of USD 7.00 mn from the SERIES A round to enhance its product offerings and expand into new geographical markets. This includes targeting additional regions in North America and Europe. Additionally, the company is developing new heater cable products designed to meet evolving industry needs. Following the exit of Shell Ventures from its stake, the company aims to use the funding strategically to support its growth initiatives.

## Funding rounds

- Series A, Jul 2, 2018, $7M — Eden Rock Group, Shell Ventures, Frontive Holding Limited, MCAAA Holding

## Investors

- Eden Rock Group (https://capitalatlas.ai/funds/eden-rock-group) — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
- Frontive Holding Limited — Series A
- MCAAA Holding — Series A