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Evolution Energy Technologies logo — Industry-leading MWD technology known as EvoOne!

Evolution Energy Technologies

Industry-leading MWD technology known as EvoOne!

Founded 2011 Canada Calgary, Canada 19 employees Private Equity Energy, Renewable Energy +1

General Information

Company Name Evolution Energy Technologies
Founded Year 2011
Location Canada Calgary, Canada
Employees 19
Industries Energy, Renewable Energy, Oil and Gas
Funding Stage Private Equity
Business Model B2B, E Commerce, Platform
Revenue Model Product Sales, Leasing/Rental, Service Fee
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About Evolution Energy Technologies

Evolution Energy Technologies, founded in 2011 and headquartered in Canada, stands out in the Energy, Renewable Energy, and Oil and Gas sectors. The company significantly contributes to the Measurement While Drilling (MWD) market, backed by its industry-leading technology, the EvoOne Unified Telemetry platform. Known for its innovation and reliability, the platform is at the core of Evolution's strategy to exceed current drilling requirements.

Beyond offering advanced MWD systems’ design and development, Evolution Energy Technologies also excels in sales, rental, service, and integration within the drilling sector. The firm's focus is on maintaining robust field support while adapting to industry needs. The last known investment was a Private Equity Round on 30 August 2017, backed by EV Private Equity. This strategic financial backing positions Evolution to further refine its technology and expand its market reach.

Taxonomy: MWD technology, drilling, innovation, Unified Telemetry platform, oil and gas industry, design and development, sales, rental, service, field support, integration, patented technology

Services & Products

On-Demand Chemical Solutions
Oil & Gas Industry Technical Training
Channel Partner Resources
Product Support
Customer Support
Equipment Rental

Target Customers

Oil & Gas Companies Mining Industry Geothermal Industry Technical Training Participants Channel Partners

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round Undisclosed 1
EV Private Equity
EV Private Equity
30 Aug 2017

Evolution Energy Technologies Alternatives & Competitors

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Evolution Energy Technologies vs
SB Directional Services
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Evolution Energy Technologies vs
Enteq Technologies
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Enteq Technologies is a specialist energy services engineering and technology company.

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Evolution Energy Technologies vs
Zeefax Limited
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FAQ About Evolution Energy Technologies

Industry-leading MWD technology known as EvoOne!
Evolution Energy Technologies was founded in 2011.
Evolution Energy Technologies is headquartered in Calgary, Canada.
Evolution Energy Technologies operates in Energy, Renewable Energy and Oil and Gas. Its work centres on MWD technology, drilling, innovation and Unified Telemetry platform. Its customers include Oil & Gas Companies, Mining Industry and Geothermal Industry.
Evolution Energy Technologies has a B2B, E Commerce and Platform business model. Its revenue comes from Product Sales, Leasing/Rental and Service Fee.
Evolution Energy Technologies has approximately 19 employees.
Evolution Energy Technologies has completed 1 funding round. The latest funding stage is Private Equity.
Evolution Energy Technologies offers: On-Demand Chemical Solutions, Oil & Gas Industry Technical Training, Channel Partner Resources, Product Support, Customer Support, Equipment Rental.
Top alternatives and competitors to Evolution Energy Technologies include SB Directional Services, Enteq Technologies, Zeefax Limited, Peak Completions, Trinidad Drilling. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Evolution Energy Technologies and SB Directional Services are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Evolution Energy Technologies, https://bouncewatch.com/company/evolution-energy-technologies, updated 28 July 2026. When citing, please name BounceWatch and link this page.

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