Supply Chain Management SoftwareDripping Springs, TexasFounded 2017
Shut downFactor Technology is a bootstrapped software company founded in 2017 that applies machine learning to geosteering, the process of guiding horizontal oil and gas wells through subsurface formations during active drilling.
Factor Technology's annual revenue was $250K in July 2023 (source not recorded). The company has since shut down.
| As of | Revenue | Source |
|---|---|---|
| Jul 2023 | $250K | – |
– source not recorded
Nathan Latka has interviewed Factor Technology once, speaking with Hugh Winkler. Each figure links to the second it was said.
Watch: How Factor Technology Is Automating Geosteering for Oil Drillers with 6 Customers and a Bootstrap Model (Interview with CEO Hugh Winkler)July 2023 · Hugh Winkler, CEO
Growth tactics they described: Cold OutreachWatch at 16:23
Hugh Winkler founded Factor Technology in 2017 and led it as CEO. Factor Technology had 6 employees (July 2023).
Team mix (Jul 2023): 3 engineers
No. Factor Technology has shut down.
Factor Technology's annual revenue was $250K in July 2023 (source not recorded).
Factor Technology had 6 employees in July 2023, as Hugh Winkler said on camera.
Hugh Winkler founded Factor Technology in 2017.
4 said on camera. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 3, 2026Data disclaimerReport a correction
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