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Sandnes, Norway
Provider of drilling system services. The company provides life cycle simulation programme for planning, training, optimization and control of drilling operations (decision support and process control) as well as related support competence.
Last updated
In 2021, eDrilling's revenue reached $1.5M. Since its launch in 2008, eDrilling has shown consistent revenue growth.
eDrilling reached a $4.4M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $4.4M | - |
CEO
Career Summary: Accomplished leader in companies and teams operating in diverse competitive environments. Highly committed and motivated to take organization, people, growth and objectives to a higher level. As General Manager Consumer & Online, leading the (r)evolution to a consumer oriented organizational culture, building the foundation for future growth. As BMO, achieved transforming Microsoft Norway sub from a perennial middle-roader to a high-performing organisation (growth, practices, talent). Key contributor to Microsoft's consumer strategy, operational framework and vision. Career Objectives: Developing and leading organisations, systems and strategies together with great people in a world-changing company. CEO, General Manager, and any international position requiring leadership, deep insight and vision, are attractive options. Specialties: Strengths include building organizational systems and people for growth and innovation, establishing and operationalizing vision, and hiring and growing talent. Leadership, sales & marketing, business operations, innovation, and organizational development.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
eDrilling serves 5K customers.
eDrilling employs approximately 22 people as of 2026, including 2 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
eDrilling generates $1.5M in revenue.
eDrilling was founded by Toni Fadnes.
The CEO of eDrilling is Toni Fadnes.
eDrilling raised $0.
eDrilling has 22 employees.
eDrilling is headquartered in Sandnes, Norway.
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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Valuation
$4.4M
2021 Revenue
$1.5M
Customers
5K
Funding
$0
Avg ACV
$296
Team
22
Founded
2008
| Year | Milestone | Source |
|---|---|---|
| 2021 | eDrilling Hit $1.5m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 22 employees (April 2021) |
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