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Long Path
Provides cost effective continuous and on-demand methane leak detection and quantification for the oil and gas industry
About Long Path
LongPath Technologies specializes in advanced continuous monitoring systems for methane emissions management. The company serves clients primarily in the oil and gas industry, providing real-time, quantitative data to optimize operations and enhance compliance. Operating in the environmental technology market, LongPath's business model revolves around selling and maintaining its Active Emissions Overwatch System. This system helps clients capture more product, keep gas in the pipe, and respond to leaks based on size and duration. LongPath generates revenue through direct sales, service contracts, and long-term agreements with major industry players like ConocoPhillips. The company recently secured a conditional loan commitment of up to $189 million from the U.S. Department of Energy, aimed at expanding its monitoring network across key U.S. oil and gas production basins.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- Boulder, United States
- Employees
- 40
- Open positions
- 1
- Dealroom signal
- 76.6/100
- Sub-industry
- Oil & Gas
- Sector
- Energy, Laser Technology, Spinout, Sustainable Development Goals, Climate Tech, Methane, Water Monitoring, Water Tech, Leak Detection, Climate Adaptation
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Oct 2024 | $162M | — | US Department of Energy | ↗ |
| SUPPORT PROGRAM✓Other financing | Sep 2024 | $0 | — | Telluride Venture Network | ↗ |
Growth signals
Latest recorded traffic for Long Path is 3.3K monthly website visits, up 37.5% over the last three months. Long Path's team grew 17.6% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
US Department of Energy
Other known investors3 additional known investors
Telluride Venture Network
University of Colorado Boulder
Small Business Innovation Research
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Long Path on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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