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2023 Revenue

$6.6M

Funding

$0

Team

85

Founded

2011

How Wellit CEO Jan Pederson grew to $6.6M revenue with a 85 person team in 2023.

Developer of logistics software in Norway. The company's software is a cloud-based multi-tenant platform which optimizes planning and communication by efficient matching of resources (human, equipment, materials, transport) to the needs of operators, enabling clients in the oil and gas industry to eliminate costs and reduce lead times.

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Wellit Revenue

In 2023, Wellit's revenue reached $6.6M. The company previously reported $1.3M in 2021. Since its launch in 2011, Wellit has shown consistent revenue growth.

Wellit Revenue GrowthReported revenue / ARR over time$0$2M$3M$5M$6M$8M2011201320152017201920212023$0$1M$7MSource: GetLatka.com
YearMilestoneQuote
2023Wellit Hit $6.6m revenue in December 2023
2021Wellit Hit $1.3m revenue in April 2021
2011Launched with $0 revenue

Wellit Valuation, Funding Rounds

Wellit is a bootstrapped Oil and Gas Software startup. Founded in 2011, Wellit has grown to $6.6M in revenue without raising any venture capital or outside funding.

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

Wellit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120112011 cumulative: $0 • 2011 Founded: $02011 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Jan Pederson

CEO at Wellit AS since January 2016 to present. He was a Sr. Logistic Coordinator of BP since October 2009 to February 2013.

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Customers

We do not have customer count information for Wellit yet.

Wellit Employees & Team Size

Wellit employs approximately 85 people as of 2026, up from 82 in 2022, including 1 sales reps that carry a quota.

Wellit Team GrowthReported headcount over time0204060801002011201320152017201920212023008585Source: GetLatka.com
YearMilestone
2023Reached 85 employees (December 2023)
2022Reached 82 employees (December 2022)
2021Reached 62 employees (December 2021)
2021Reached 45 employees (April 2021)

Frequently Asked Questions about Wellit

What is Wellit's revenue?

Wellit generates $6.6M in revenue.

Who founded Wellit?

Wellit was founded by Jan Pederson.

Who is the CEO of Wellit?

The CEO of Wellit is Jan Pederson.

How much funding does Wellit have?

Wellit raised $0.

How many employees does Wellit have?

Wellit has 85 employees.

Where is Wellit headquarters?

Wellit is headquartered in Stavanger, Norway.

Compare Wellit to the industry

Wellit operates across multiple industries. Browse revenue, funding, and growth data for Wellit 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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Wellit Revenue 2023: $6.6M ARR (Bootstrapped)