# ZENRG Services

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

- Industry: Oil & Gas
- Headquarters: Houston, US
- Website: www.zenrgservices.com
- Latest round: Series A (Dec 18, 2024)
- Investors on record: 3

## About

Based in Texas, US, and founded in 2021, ZENRG Services, Inc., a.k.a. ZENRG Industrial Services operates as an oil and gas company that offers services to address the increasing difficulties related to hydrocarbon venting and flaring. In December 2024, ZENRG Industrial Services raised a Series A funding led by EIC Rose Rock, with participation from Chevron Technology Ventures and BP Energy Partners.

ZENRG Industrial Services provides solutions to mitigate the challenges posed by venting and flaring of hydrocarbons within the oil and gas sector. The company’s core offerings focus on technologies designed to eliminate these practices, which contribute to greenhouse gas emissions. ZENRG services a diverse client base that includes operators and regulators across the upstream, midstream, and downstream segments of the industry. These solutions are particularly relevant in response to stringent federal regulations targeting methane emissions, including the recently introduced methane tax under the Inflation Reduction Act. The company's products and services are utilized primarily in the United States, addressing the needs of both large-scale petroleum producers and smaller operators seeking to comply with environmental regulations.

The revenue model of ZENRG Industrial Services is structured around direct B2B transactions with clients in the oil and gas sector, focusing on long-term partnerships and compliance-driven service contracts. Clients benefit from tailored solutions that address specific operational challenges, which may involve a combination of project-based pricing and subscription models for ongoing services. Through the deployment of proven technologies,

The company plans to use its proceeds from December 2024 funding to support the expansion of its market reach.

## Funding rounds

- Series A, Dec 18, 2024 — Chevron Technology Ventures, BP Energy Partners, EIC Rose Rock

## Investors

- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series A
- BP Energy Partners (https://capitalatlas.ai/funds/bp-energy-partners) — Series A
- EIC Rose Rock (https://capitalatlas.ai/funds/eic-rose-rock) — Series A