FundedIQ
Administrative Services

Koil Energy: Funding, Investors & Team (Oct 2026)

Koil Energy is a provider of key oilfield services and equipment for complex deepwater and ultra-deepwater applications. It creates innovative and customized solutions that meet the global needs of our customers. The company primarily targets high-value assets and mission-critical projects for offshore operations between the wellhead and production facility.

www.deepdowninc.com LinkedIn Houston, United States 51-100 employees
Industrial Oil and Gas Project Management
Total raised
$5.0M
Rounds
1
Latest
Undisclosed round
May 2026

Koil Energy has raised $5.0M across 1 funding round on record, the most recent an undisclosed round of $5.0M announced in May 2026.

That round is in line with the $5.0M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Koil Energy Company Profile and Key Stats

Total funding raised
$5.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$5.0M in May 2026
Employees
51-100
reported band
Headquarters
Houston, United States

Latest funding round on record: May 2026.

Koil Energy Funding Rounds

Date
Round
Amount
Undisclosed round
$5.0M

Koil Energy Founders and Leadership Team

Name
Role
Contact
Erik Wiik
Founder
Locked

Contact details for the Koil Energy team: 1 has a LinkedIn profile.

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Koil Energy Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round

Koil Energy's latest round of $5.0M is in line with the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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Koil Energy Funding FAQs

What does Koil Energy do?

Koil Energy is a provider of key oilfield services and equipment for complex deepwater and ultra-deepwater applications. It creates innovative and customized solutions that meet the global needs of our customers. The company primarily targets high-value assets and mission-critical projects for offshore operations between the wellhead and production facility.

How much funding has Koil Energy raised?

Koil Energy has raised $5.0M across 1 round on record. The most recent is an undisclosed round of $5.0M announced in May 2026.

When did Koil Energy last raise funding?

Koil Energy's most recent funding round on record is an undisclosed round of $5.0M, announced in May 2026.

Who founded Koil Energy?

FundedIQ lists Erik Wiik (Founder) at Koil Energy.

Where is Koil Energy headquartered?

Koil Energy is based in Houston, Texas, United States.

How many employees does Koil Energy have?

Koil Energy is in the 51-100 employee band.

How does Koil Energy's funding compare to other Administrative Services startups?

Koil Energy's latest round of $5.0M is in line with the $5.0M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Koil Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Koil Energy is left off this page rather than filled in.

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