FundedIQ
Energy

SMG Industries: Funding, Investors & Team (Oct 2026)

SMG Industries is a Houston, Texas-based company established in 2008, specializing in providing a range of products and services for drilling, completions, and production in the oilfield services sector.

smgindustries.com Houston, United States 51-100 employees
Energy Energy Management Oil and Gas
Total raised
$31.7M
Rounds
1
Latest
Undisclosed round
Jul 2023

SMG Industries has raised $31.7M across 1 funding round on record, the most recent an undisclosed round of $31.7M announced in Jul 2023.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

SMG Industries Company Profile and Key Stats

Total funding raised
$31.7M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$31.7M in Jul 2023
Employees
51-100
reported band
Headquarters
Houston, United States

Latest funding round on record: Jul 2023.

SMG Industries Funding Rounds

Date
Round
Amount
Undisclosed round
$31.7M

SMG Industries Founders and Leadership Team

Name
Role
Contact
Matthew C Flemming
CEO
—

No contact details are on record for this team yet.

SMG Industries Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M

SMG Industries' latest round of $31.7M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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SMG Industries Funding FAQs

What does SMG Industries do?

SMG Industries is a Houston, Texas-based company established in 2008, specializing in providing a range of products and services for drilling, completions, and production in the oilfield services sector.

How much funding has SMG Industries raised?

SMG Industries has raised $31.7M across 1 round on record. The most recent is an undisclosed round of $31.7M announced in Jul 2023.

When did SMG Industries last raise funding?

SMG Industries' most recent funding round on record is an undisclosed round of $31.7M, announced in Jul 2023.

Who is the CEO of SMG Industries?

Matthew C Flemming is listed as CEO at SMG Industries.

Where is SMG Industries headquartered?

SMG Industries is based in Houston, Texas, United States.

How many employees does SMG Industries have?

SMG Industries is in the 51-100 employee band.

How does SMG Industries' funding compare to other Energy startups?

SMG Industries' latest round of $31.7M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's SMG Industries 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 SMG Industries is left off this page rather than filled in.

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