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Stavanger, Norway
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.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
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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| What's your age? | - |
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We do not have customer count information for Wellit yet.
Wellit employs approximately 85 people as of 2026, up from 82 in 2022, including 1 sales reps that carry a quota.
Wellit generates an estimated $6.6M in annual revenue.
Wellit was founded by Jan Pederson.
The CEO of Wellit is Jan Pederson.
Wellit is bootstrapped and has not raised outside funding.
Wellit has 85 employees.
Wellit is headquartered in Stavanger, Norway.
Wellit operates across multiple industries. Browse revenue, funding, and growth data for Wellit in each sector below.
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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2023 Revenue
$6.6M(Est.)
Funding
$0
Team
85
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2023 | Wellit Hit $6.6m revenue in December 2023 | Estimated |
| 2021 | Wellit Hit $1.3m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 85 employees (December 2023) | |
| 2022 | Reached 82 employees (December 2022) | |
| 2021 | Reached 62 employees (December 2021) | |
| 2021 | Reached 45 employees (April 2021) |
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