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Advantek Waste Management Services

Houston, Texas, United States

2024 Revenue

$3M(Est.)

Funding

$0

Team

43

Founded

2014

Advantek Waste Management Services Revenue (2024)

Provider of waste management services. The company's @SSURE platform rapidly screens potential injection well locations to find feasible subsurface strata and provides safe storage volumes for solids and liquids, its @FRAC technology can model multiple vertical, horizontal, or deviated fractures, matrix to fracture transition, flow partitioning across zones, formation damage from injection and other features of typical of injection wells and its @IPT simulator evaluates pressure fall off data from fractured injection operations and identifies features such as extent of the injection frontier, rate of fracture shrinkeage during closure and zonal stress contrasts, enabling customers to their economics and long term environmental sustainability of oil and gas developments.

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Advantek Waste Management Services Revenue

In 2024, Advantek Waste Management Services's revenue reached $3M. The company previously reported $1.6M in 2023. Since its launch in 2014, Advantek Waste Management Services has shown consistent revenue growth.

Advantek Waste Management Services Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M201420162018202020222024$0$1.1M$1.6M$3MSource: GetLatka.com
YearMilestoneSource
2024Advantek Waste Management Services Hit $3m revenue in October 2024Estimated
2023Advantek Waste Management Services Hit $1.6m revenue in December 2023Estimated
2021Advantek Waste Management Services Hit $1.1m revenue in April 2021
2014Launched with $0 revenue

Advantek Waste Management Services Valuation, Funding Rounds

Advantek Waste Management Services is a bootstrapped SaaS startup. Founded in 2014, Advantek Waste Management Services has grown to $3M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Advantek Waste Management Services has built its business with no outside investment.

Advantek Waste Management Services Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12014Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founders

Omar Abou-Sayed

CEO

CEO - Strategist - Investor - Board Member - Producer - Inventor. Mr. Abou-Sayed’s experience spans the global energy, chemicals, oilfield services, and renewables industries. He has worked in a variety of engineering, business, and organization-wide leadership roles within Fortune 10 energy companies, blue chip management consulting firms and private equity funds, and venture-backed startups. He is an active angel investor. He currently serves as CEO of Advantek Waste Management Services (AWMS), a TPG-backed company dedicated to using injection wells to reduce the impacts to air, water, land, and climate from industrial activities. Mr. Abou-Sayed spun AWMS out of Advantek International, a global oilfield consulting firm focused on hydraulic fracturing, geomechanics, and oilfield waste management. Omar had previous architected Advantek International's strategy and served as a director of the company since its founding in 1999. Previous to joining Advantek, he served as the Vice President of Strategy and Planning for Elevance Renewable Sciences, a TPG and Total Ventures backed renewable chemical company.

Colin Stevenson

CFO & COO

Colin Stevenson is listed as CFO & COO at Advantek Waste Management Services.

Q&A

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Customers

We do not have customer count information for Advantek Waste Management Services yet.

Advantek Waste Management Services Employees & Team Size

Advantek Waste Management Services employs approximately 43 people as of 2026, up from 41 in 2023.

Advantek Waste Management Services Team GrowthReported headcount over time01020304050201420162018202020222024004343Source: GetLatka.com
YearMilestoneSource
2024Reached 43 employees (October 2024)
2023Reached 41 employees (December 2023)
2022Reached 40 employees (December 2022)
2021Reached 33 employees (December 2021)
2021Reached 27 employees (April 2021)

Frequently Asked Questions about Advantek Waste Management Services

What is Advantek Waste Management Services's revenue?

Advantek Waste Management Services generates an estimated $3M in annual revenue.

Who is the CEO of Advantek Waste Management Services?

The CEO of Advantek Waste Management Services is Omar Abou-Sayed.

How much funding does Advantek Waste Management Services have?

Advantek Waste Management Services is bootstrapped and has not raised outside funding.

How many employees does Advantek Waste Management Services have?

Advantek Waste Management Services has 43 employees.

Where is Advantek Waste Management Services headquarters?

Advantek Waste Management Services is headquartered in Houston, Texas, United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Advantek Waste Management Services Profile (2024)