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Upwing Energy

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Upwing Energy is Bringing Gas Production to New Heights

Cerritos, United StatesFounded 2016Energy
Valuation $100–250M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Upwing Energy and the history behind them.

About Upwing Energy

Upwing Energy specializes in advanced subsurface compressor systems designed to enhance gas production and recoverable reserves. Utilizing proprietary magnetic technologies proven by its parent company, Calnetix Technologies, Upwing Energy offers state-of-the-art solutions that provide exceptional reliability and performance even in the harshest downhole environments. The company's flagship product, the Upwing Subsurface Compressor SCS 425, features a high-speed downhole compressor system driven by a magnetically levitated permanent magnet motor. This innovative design increases gas production by enabling greater drawdown close to the well perforations. The system's magnetic coupling transmits torque from the motor to the compressor without a mechanical shaft, eliminating the need for rotary seals and pressure compensating chambers. Electrical components are hermetically isolated to prevent failures common in traditional Electric Submersible Pumps (ESPs). Upwing Energy serves clients in the oil and gas industry, focusing on maximizing return on investment and recoverable resources. The business model revolves around selling and servicing these advanced compressor systems, generating revenue through product sales, maintenance contracts, and technology licensing.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Cerritos, United States
Employees
86
Open positions
19
Dealroom signal
57.3/100
Industry
Energy
Sub-industry
Oil & Gas
Sector
Energy, Oil & Gas, Hard Tech
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Nov 2022 $22M $88M Undisclosed ↗
EARLY VCEquity / VC Mar 2020 $10M $41M Undisclosed —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Upwing Energy website traffic

Latest recorded traffic for Upwing Energy is 3.3K monthly website visits, up 175% over the last three months. Upwing Energy's team grew 19.4% over the past year.

Latest monthly visits3.3K 3-month web change+175% 1-year team growth+19.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Cooper and Company
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States92.6%
🇦🇪 United Arab Emirates3.7%
🇩🇰 Denmark1.2%
🇦🇷 Argentina1.2%
🇨🇦 Canada1.2%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Upwing Energy 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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