Klear Drilling Technologies

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Klear Drilling Technologies - overview

Established

2015

Location

-, TX, US

Primary Industry

Industrial Machinery

About

Klear Drilling Technologies specializes in delivering innovative software solutions that enhance digital marketing and customer engagement, primarily aimed at small to medium-sized enterprises across various industries. Founded in 2015 in Decatur, US, Klear Drilling Technologies focuses on providing advanced software solutions. The CEO, Neal Bowden, leads the company, which underwent a significant investment deal in March 2018 with B-29 Investments. This investment aimed to boost the company's growth and development.


Klear Drilling Technologies offers a comprehensive software platform that integrates tools for analytics, content management, and social media marketing. Tailored for small to medium-sized enterprises, their solutions enhance online presence, effectively addressing the needs of sectors such as retail, hospitality, and professional services. Released in 2018, the platform has been adopted widely across North America, Europe, and parts of Asia. The company operates on a subscription-based revenue model, allowing clients flexible access to its software platform and features through a tiered pricing structure.


This approach accommodates various business sizes, ensuring that both startups and large enterprises can utilize essential and advanced marketing tools. Partnership plans are also offered for customized solutions, fostering long-term client relationships and enhancing revenue through value-added services. Klear Drilling Technologies plans to leverage recent funding from their March 2018 investment to expand its product offerings and market reach. The company is focused on launching new features for its platform while exploring opportunities in markets across Europe and Asia by 2023.


This strategic growth will enable Klear Drilling Technologies to better serve its clients and enhance its competitive edge.


Current Investors

B-29 Investments

Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery

Website

www.klearbits.com

Verticals

Manufacturing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Klear Drilling Technologies - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedKlear Drilling Technologies-

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