StageAcquired | Acquired
About Seven Lakes Technologies
Seven Lakes Technologies is a vertically focused analytics & technology solutions firm offering products and services for the Upstream (E&P) Oil and Gas sector; focused on improving business drivers and enhancing execution of customer business strategies. Seven Lakes offers product suites focused around Drilling & Completions, Production & Operations, Accounting and Data Management & Analytics. The company was founded in 2009 and is based in Westlake Village, California. On May 17th, 2022. Seven Lakes was acquired by W Energy Software. The terms of the transaction were not disclosed.
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Expert Collections containing Seven Lakes Technologies
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Seven Lakes Technologies is included in 2 Expert Collections, including Oil & Gas Tech.
Oil & Gas Tech
This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
Latest Seven Lakes Technologies News
Feb 16, 2022
February 7, 2022 WESTLAKE VILLAGE, Calif., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Seven Lakes Technologies, Inc., a market leader in SaaS-based Oil & Gas production and field management software for the energy sector, today announced their placement by Darcy Partners, a technology scouting and innovation advisory firm serving the energy industry, on the "Darcy Top 10 Innovator of 2021" list in the category of Production. Innovators were chosen according to a combination of Darcy Partners' research into Innovative technology developments and market traction, as well as the interest shown from more than 10,000 energy companies. The Darcy Connect platform is a premier source for Oil & Gas research, industry collaboration, and interaction with Innovators like Seven Lakes Technologies. According to Darcy Partners , "The JOYN platform is popular with many of our US-based members who have implemented manage by exception programs that allow contract pumpers and lease operators to shift their time to higher-value assets. Seven Lakes is a leader in wellhead to office optimization and for this was selected to present at a Darcy Live forum on the topic of Resource Optimization." "Our goal is to reduce the cost of entry for Oil & Gas organizations with solutions to make oil & gas production more predictable. We want our clients to spend more time streamlining their production operations and less time chasing information," said Shiva Rajagopalan, CEO, Seven Lakes Technologies. "It's a tremendous honor to be awarded placement on the "Darcy Top 10 Innovator of 2021" list in the category of Production, in part by our most innovative customers and other leaders in the industry." Seven Lakes announced the launch of the world's first software as a service (SaaS) integrated production system for oil and gas, JOYN Oil & Gas Production, in 2021. JOYN represents the only end-to-end Oil & Gas Production solution among other Innovators named to this year's list. Using JOYN Oil & Gas Production, production team members can quickly create a sandbox with their data to configure a route, run production allocations, and audit the results. JOYN provides teams with the speed and flexibility to lower production time from months to days, easily analyze data, and adjust to market changes. About Seven Lakes Technologies Headquartered in Westlake Village, CA, Seven Lakes Technologies is a market leader in SaaS-based production and capital planning software for the upstream exploration and production (E&P) oil and gas sector. Focused on production, CAPEX and OPEX improvements, and data management & analytics, Seven Lakes works with over 6K users across more than 50 customers including supermajors, with a 200K well count producing 200M barrels of oil per day. For more information, please visit www.joyn.ai About Darcy Partners Darcy Partners is a technology scouting and innovation advisory firm serving the energy industry. Our member companies rely on us to identify and validate critical technology solutions, to help them benchmark and improve their operations, and their overall innovation ecosystems. Our team includes investors, scientists, consultants, and energy sector veterans who have come together as a one-stop shop for innovation in the energy industry. For more information, visit www.darcypartners.com . Shiva Rajagopalan
Seven Lakes Technologies Frequently Asked Questions (FAQ)
When was Seven Lakes Technologies founded?
Seven Lakes Technologies was founded in 2009.
Where is Seven Lakes Technologies's headquarters?
Seven Lakes Technologies's headquarters is located at 2555 Townsgate Road, Westlake Village.
What is Seven Lakes Technologies's latest funding round?
Seven Lakes Technologies's latest funding round is Acquired.
How much did Seven Lakes Technologies raise?
Seven Lakes Technologies raised a total of $20M.
Who are the investors of Seven Lakes Technologies?
Investors of Seven Lakes Technologies include W Energy Software and Carrick Capital Partners.
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