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Oildex

Denver, Colorado, United States

Valuation

$13.8M

2020 Revenue

$4.6M

Customers

1.1K

Funding

$0

Avg ACV

$4.2K

Team

55

Founded

1999

How Oildex CEO Craig Charlton grew to $4.6M revenue and 1.1K customers in 2020.

Enverus provides cloud-based financial automation and oil and gas accounting software solutions, and royalty owner support solutions for the oil and gas industry.

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Oildex Revenue

In 2020, Oildex's revenue reached $4.6M. Since its launch in 1999, Oildex has shown consistent revenue growth.

Oildex Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M$5M199920012003200520072009201120132015201720192020$0$5MSource: GetLatka.com
YearMilestoneQuote
2020Oildex Hit $4.6m revenue in August 2020
1999Launched with $0 revenue

Oildex Valuation, Funding Rounds

Oildex's most recent disclosed valuation is $13.8M.

Oildex is a bootstrapped Oil and Gas Software startup. Founded in 1999, Oildex has grown to $4.6M in revenue without raising any venture capital or outside funding.

As a self-funded Oil and Gas Software SaaS company, Oildex has built its business with no outside investment.

Oildex 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$11999Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Craig Charlton

As CEO, Craig Charlton leads all facets of the SugarCRM business, from setting our vision and strategic direction to making sure we’re executing in the best possible way on the ground every day. Craig has been building and running high-growth businesses for 25 years. Before joining SugarCRM he was CEO of Oildex – the financial automation softwareand services provider – where he drove growth and oversaw the company’s acquisition by Drillinginfo. Craig also served as CEO of Abila, the financial and CRM provider operating in the association, non-profit and government space. Abila, which was acquired by Community Brands, grew its revenues threefold and transformed its revenue base to a subscription-based (SaaS) model over a three-year period. Craig has also been senior vice president and general manager (Asia Pacific) for ERP provider Epicor Software Corporation, where he shaped the company’s regional strategy to deliver consistent revenue and profit growth.

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Customers

Oildex serves 1.1K customers.

Oildex Employees & Team Size

Oildex employs approximately 55 people as of 2026, down from 62 in 2019, including 7 sales reps that carry a quota. It serves 1.1K customers that rely on its solutions.

Oildex Team GrowthReported headcount over time020406080100199920012003200520072009201120132015201720192020005555Source: GetLatka.com
YearMilestone
2020Reached 55 employees (December 2020)
2020Reached 51 employees (August 2020)
2020Reached 55 employees (June 2020)
2019Reached 62 employees (December 2019)
2018Reached 88 employees (December 2018)

Frequently Asked Questions about Oildex

What is Oildex's revenue?

Oildex generates $4.6M in revenue.

Who founded Oildex?

Oildex was founded by Craig Charlton.

Who is the CEO of Oildex?

The CEO of Oildex is Craig Charlton.

How much funding does Oildex have?

Oildex raised $0.

How many employees does Oildex have?

Oildex has 55 employees.

Where is Oildex headquarters?

Oildex is headquartered in Denver, Colorado, United States.

Compare Oildex to the industry

Oildex operates across multiple industries. Browse revenue, funding, and growth data for Oildex in each sector below.

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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Oildex Revenue 2020: $4.6M ARR, $13.8M Valuation