SOCAR: Funding, Investors & Team (Sep 2026)
The State Oil Company of Azerbaijan Republic (SOCAR) is the state-owned oil and natural gas corporation engaged in upstream, midstream and downstream activity. SOCAR is an environmentally conscious integrated energy company with its activities ranging across the globe.
SOCAR has raised $480M across 1 funding round on record, the most recent an undisclosed round of $480M announced in Nov 2024.
That round is above the $14M median round size for Energy companies tracked on FundedIQ over the last two years.
SOCAR Company Profile and Key Stats
Latest funding round on record: Nov 2024.
SOCAR Funding Rounds
SOCAR Founders and Leadership Team
No contact details are on record for this team yet.
SOCAR Funding Compared to Other Energy Startups
SOCAR's latest round of $480M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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SOCAR Funding FAQs
What does SOCAR do?
The State Oil Company of Azerbaijan Republic (SOCAR) is the state-owned oil and natural gas corporation engaged in upstream, midstream and downstream activity. SOCAR is an environmentally conscious integrated energy company with its activities ranging across the globe.
How much funding has SOCAR raised?
SOCAR has raised $480M across 1 round on record. The most recent is an undisclosed round of $480M announced in Nov 2024.
When did SOCAR last raise funding?
SOCAR's most recent funding round on record is an undisclosed round of $480M, announced in Nov 2024.
Who founded SOCAR?
FundedIQ lists Jaeuk Park (Founder) at SOCAR.
Where is SOCAR headquartered?
SOCAR is based in Baku, Baki, Azerbaijan.
How many employees does SOCAR have?
SOCAR is in the 51-100 employee band.
How does SOCAR's funding compare to other Energy startups?
SOCAR's latest round of $480M is above the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's SOCAR 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 SOCAR is left off this page rather than filled in.
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