Welldog

Founded in 1999 and headquartered in Brisbane, Australia, WellDog specializes in the analysis of subsurface data through cutting-edge technology.WellDog specializes in the collection and analysis of subsurface data through innovative technologies aimed at managing carbon-sensitive activities. Their core offerings include the SweetSpotter Raman sensor and the Reservoir RockHound, both designed for effective monitoring and validation of sequestered carbon dioxide. These advanced tools provide real-time and accurate measurements of gas content, gas saturation, critical desorption pressure, and permeability, even in challenging open-hole conditions. WellDog’s services cater predominantly to industries focused on environmental sustainability and carbon management, with a client base that includes energy companies and environmental agencies across North America and Asia, specifically targeting markets in the United States and China.50. Their revenue model is primarily based on service-based contracts with clients, wherein they provide specialized subsurface data collection and analysis services. Transactions typically occur through B2B partnerships, where clients engage WellDog for extended service agreements focusing on subsurface monitoring and management related to carbon sequestration. Specifically, WellDog aims to enter new geographic markets with a particular focus on expanding operations in the United States and China by the year 2020.

1. Series B

   Jun 17, 2004

   Amount

   $1.5M

   Investors

   Locked