MOTIVE

MOTIVE specializes in providing automated directional drilling technologies for oil and gas industry to extract hydrocarbon. Read more

21 Followers on Owler
21 Followers on Owler
21 Followers on Owler
21 Followers on Owler

MOTIVE

MOTIVE specializes in providing automated directional drilling technologies for oil and gas industry to extract hydrocarbon. Read more

Todd Benson's photo - President & CEO of MOTIVE

President & CEO

Todd Benson

CEO Approval Rating

80/100

MOTIVE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Peloton is one of MOTIVE's top competitors. Peloton is a Private company that was founded in Calgary, Alberta in 1991. Peloton is in the Oil & Gas Drilling field. Peloton has 31 more employees vs. MOTIVE.

Pason Systems Corp. is perceived as one of MOTIVE's biggest rivals. Pason Systems Corp. was founded in 1978 in Calgary, Alberta. Pason Systems Corp. operates in the Banks industry. Pason Systems Corp. generates $224.8M more revenue than MOTIVE.

Gyrodata is a top competitor of MOTIVE. Gyrodata's headquarters is in Houston, Texas, and was founded in 1980. Gyrodata competes in the Integrated Oil & Gas field. Gyrodata generates 1,923% of MOTIVE's revenue.

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Is Oliden Technology a competitor of MOTIVE?

MOTIVE Acquisitions

No recent acquisitions found related to MOTIVE

MOTIVE Funding History

Since MOTIVE was founded in 2015, it has participated in 1 round of funding. In total MOTIVE has raised $10.5M. MOTIVE's funding round was on Feb 2016 for a total of $10.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series A
Feb 2016
$10.5M

Formation 8

Since MOTIVE was founded in 2015, it has participated in 1 round of funding. In total MOTIVE has raised $10.5M. MOTIVE's funding round was on Feb 2016 for a total of $10.5M

MOTIVE Investments

No recent investments found related to MOTIVE

MOTIVE News

May 21, 2017Reuters

BRIEF-Helmerich & Payne to buy MOTIVE Drilling for $75 mln payable at deal closing

* Helmerich & Payne Inc announces acquisition of MOTIVE Drilling Technologies Inc... See more »
May 21, 2017Benzinga

Helmerich & Payne, Inc. Announces Acquisition of MOTIVE Drilling Technologies, Inc.

TULSA, Okla., May 22, 2017 (GLOBE NEWSWIRE) -- Helmerich & Payne, Inc. (NYSE:HP) announced today it h... See more »
May 21, 2017Fuel Fix

Rig contractor to pay up to $100M for big data tech firm

Helmerich & Payne, the largest U.S. rig contractor, is set to buy a small Dallas firm touting technol... See more »
February 7, 2017ITbriefing.net

Two Million Feet of Automated Directional Drilling Completed by Motive Drilling Technologies

Motive Drilling Technologies, the rapidly growing directional drilling decision-automation company, t... See more »
May 30, 2016Market Cheetah

Motive Directional Drilling Decision-Automation Now Available Through Channel Partners

DALLAS-(BUSINESS WIRE)-The MOTIVE Bit Guidance System is now available through a select number of inn... See more »
February 18, 2016DealStreetAsia

Tech startup Motive Drilling Technologies raises $10.5m Series A funding from Formation 8, GE ventures

Motive Drilling Technologies has secured a round of $10.5 million Series A funding from US based Form... See more »

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MOTIVE Headquarters

1807 Ross Avenue Suite 460

Dallas, Texas75201

469-729-6470

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MOTIVE Summary

ABOUT

Overview

MOTIVE specializes in providing automated directional drilling technologies for oil and gas industry to extract hydrocarbon. MOTIVE was founded in 2015. MOTIVE's headquarters is located in Dallas, Texas, USA 75201. It has raised 10.5M in 1 round. The ...

CEO

MOTIVE's President & CEO, Todd Benson, currently has an approval rating of 80%. MOTIVE's primary competitors are Peloton, Pason Systems Corp. & Gyrodata.

Website

motivedrilling.com

Frequently Asked Questions about MOTIVE

  1. When was MOTIVE founded?

    MOTIVE was founded in 2015
  2. Who is MOTIVE's CEO?

    MOTIVE's CEO is Todd Benson
  3. How much revenue does MOTIVE generate?

    MOTIVE generates $7.8M in revenue
  4. How much funding does MOTIVE have?

    MOTIVE has historically raised $10.5M in funding
  1. Where is MOTIVE's headquarters?

    MOTIVE's headquarters is in Dallas Texas, USA
  2. How many employees does MOTIVE have?

    MOTIVE has 69 employees
  3. What sector does MOTIVE operate in?

    MOTIVE is in Oil & Gas Drilling
  4. Who are MOTIVE's competitors?

    MOTIVE's top competitors are Peloton, Pason Systems Corp., Gyrodata