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Flywheel Energy valuation, funding and investors

Flywheel Energy works in oil and gas asset acquisition and development, based in Oklahoma City, United States. Founded in 2017, it has about 464 employees.

Oklahoma City Debt
VALUATION · TODAY
$8.56B +0% after Growth
Range $1.97B – $13.02B · Grade C
TODAY
+12 MO
$5.00B
$10.00B
$15.00B
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Growth $700M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY464 employees
+58%6m growth
+127%1y growth
+190%2y growth
200
400
600
Data from Jan 2021
TODAY
Predicted in 1 yr $8.56B +0% vs today
Predicted next raise $770M if a round comes
Winding-down probability 0%
Last round
Growth · $700M · Aug 2018
Valuation at last round
$7.78B · implied
Headcount
464 · growing
Grade
C
Founded
2017
How VCMC values companies →

Flywheel Energy valuation today

VCMC values Flywheel Energy at $8.6B today, with a range of $2.0B to $13.0B and a grade of C. The valuation starts from its last funding round, a growth round in Aug 2018.

Valuation by date (120 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Flywheel Energy: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2017$7.03M$2.56M – $19.3M$9.63M (+37%)before first round–unknownD0%
1 Feb 2017$7.22M$2.63M – $19.8M$9.89M (+37%)before first round–unknownD0%
1 Mar 2017$7.39M$2.69M – $20.3M$10.1M (+37%)before first round–unknownD0%
1 Apr 2017$7.59M$2.76M – $20.9M$10.4M (+37%)before first round–unknownD0%
1 May 2017$7.79M$2.84M – $21.4M$10.7M (+37%)before first round–unknownD0%
1 Jun 2017$8.00M$2.91M – $22.0M$11.0M (+37%)before first round–unknownD0%
1 Jul 2017$8.21M$2.99M – $22.6M$11.3M (+37%)before first round–unknownD0%
1 Aug 2017$8.44M$3.07M – $23.2M$11.6M (+37%)before first round–unknownD0%
1 Sep 2017$8.67M$3.15M – $23.8M$11.9M (+37%)before first round–unknownD0%
1 Oct 2017$8.89M$3.24M – $24.4M$12.2M (+37%)before first round–unknownD0%
1 Nov 2017$9.14M$3.33M – $25.1M$12.5M (+37%)before first round–unknownD0%
1 Dec 2017$9.37M$3.41M – $25.8M$12.9M (+37%)before first round–unknownD0%
1 Jan 2018$9.63M$3.51M – $26.5M$13.2M (+37%)before first round–unknownD0%
1 Feb 2018$9.89M$3.60M – $27.2M$13.6M (+37%)before first round–unknownD0%
1 Mar 2018$10.1M$3.69M – $27.8M$13.9M (+37%)before first round–unknownD0%
1 Apr 2018$10.4M$3.79M – $28.6M$14.3M (+37%)before first round–unknownD0%
1 May 2018$10.7M$3.89M – $29.3M$14.6M (+37%)before first round–unknownD0%
1 Jun 2018$11.0M$3.99M – $30.1M$15.0M (+37%)before first round–unknownD0%
1 Jul 2018$11.3M$4.10M – $30.9M$15.4M (+37%)before first round–unknownD0%
1 Aug 2018$7.8B$5.1B – $13.0B$8.6B (+10%)after a round–unknownB0%
2 Aug 2018$7.8B$5.1B – $13.0B$8.6B (+10%)after a round–unknownB0%
1 Sep 2018$7.8B$5.1B – $13.0B$8.6B (+9%)after a round–unknownB0%
1 Oct 2018$7.9B$5.1B – $13.0B$8.6B (+8%)after a round–unknownB0%
1 Nov 2018$8.0B$5.1B – $13.0B$8.6B (+7%)after a round–unknownB0%
1 Dec 2018$8.0B$5.1B – $13.0B$8.6B (+7%)after a round–unknownB0%
1 Jan 2019$8.1B$5.1B – $13.0B$8.6B (+6%)after a round–unknownB0%
1 Feb 2019$8.2B$5.1B – $13.0B$8.6B (+5%)after a round–unknownB0%
1 Mar 2019$8.2B$5.1B – $13.0B$8.6B (+4%)after a round–unknownB0%
1 Apr 2019$8.3B$5.1B – $13.0B$8.6B (+3%)after a round–unknownB0%
1 May 2019$8.4B$5.1B – $13.0B$8.6B (+2%)after a round–unknownB0%
1 Jun 2019$8.4B$5.1B – $13.0B$8.6B (+2%)after a round–unknownB0%
1 Jul 2019$8.5B$5.1B – $13.0B$8.6B (+1%)after a round–unknownB0%
1 Aug 2019$8.6B$5.1B – $13.0B$8.6B (0%)after a round–unknownB0%
1 Sep 2019$8.6B$4.9B – $13.0B$8.6B (0%)after a round–unknownB0%
1 Oct 2019$8.6B$4.6B – $13.0B$8.6B (0%)after a round–unknownB0%
1 Nov 2019$8.6B$4.4B – $13.0B$8.6B (0%)after a round–unknownB0%
1 Dec 2019$8.6B$4.2B – $13.0B$8.6B (0%)after a round–unknownB0%
1 Jan 2020$8.6B$4.0B – $13.0B$8.6B (0%)after a round–unknownB0%
1 Feb 2020$8.6B$3.8B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Mar 2020$8.6B$3.6B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Apr 2020$8.6B$3.4B – $13.0B$8.6B (0%)after a round–unknownC0%
1 May 2020$8.6B$3.3B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Jun 2020$8.6B$3.1B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Jul 2020$8.6B$2.9B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Aug 2020$8.6B$2.8B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Sep 2020$8.6B$2.7B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Oct 2020$8.6B$2.5B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Nov 2020$8.6B$2.4B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Dec 2020$8.6B$2.3B – $13.0B$8.6B (0%)after a round–unknownC0%
1 Jan 2021$8.6B$2.2B – $13.0B$8.6B (0%)after a round130unknownC0%
1 Feb 2021$8.6B$2.1B – $13.0B$8.6B (0%)after a round130unknownC0%
1 Mar 2021$8.6B$2.0B – $13.0B$8.6B (0%)after a round130unknownC0%
1 Apr 2021$8.6B$1.9B – $13.0B$8.6B (0%)after a round130unknownC0%
1 May 2021$8.6B$1.8B – $13.0B$8.6B (0%)after a round130unknownC0%
1 Jun 2021$8.6B$1.7B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Jul 2021$8.6B$1.6B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Aug 2021$8.6B$1.5B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Sep 2021$8.6B$1.5B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Oct 2021$8.6B$1.4B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Nov 2021$8.6B$1.3B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Dec 2021$8.6B$1.3B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Jan 2022$8.6B$1.2B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Feb 2022$8.6B$1.1B – $13.0B$8.6B (0%)after a round130unknownD0%
1 Mar 2022$8.1B$1.1B – $12.3B$7.8B (-4%)after a round130flatD0%
1 Apr 2022$8.0B$1.0B – $12.2B$7.8B (-3%)after a round130flatD0%
1 May 2022$7.9B$983M – $12.1B$7.8B (-2%)after a round130flatD0%
1 Jun 2022$7.9B$934M – $12.0B$7.8B (-1%)after a round130flatD0%
1 Jul 2022$7.8B$889M – $11.9B$7.8B (0%)after a round130flatD0%
1 Aug 2022$8.6B$845M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Sep 2022$8.6B$803M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Oct 2022$8.6B$764M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Nov 2022$8.6B$726M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Dec 2022$8.6B$691M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Jan 2023$8.6B$657M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Feb 2023$8.6B$624M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Mar 2023$8.6B$596M – $13.0B$8.6B (0%)after a round130unknownD0%
1 Apr 2023$8.6B$567M – $13.0B$8.6B (0%)after a round130unknownD0%
1 May 2023$7.8B$539M – $11.8B$7.8B (0%)after a round140flatD0%
1 Jun 2023$7.8B$513M – $11.8B$7.8B (0%)after a round140flatD0%
1 Jul 2023$7.8B$511M – $11.8B$7.8B (0%)after a round140flatD0%
1 Aug 2023$7.8B$511M – $11.8B$7.8B (0%)after a round140flatD0%
1 Sep 2023$8.6B$511M – $13.0B$8.6B (0%)after a round140unknownD0%
1 Oct 2023$8.6B$511M – $13.0B$8.6B (0%)after a round140unknownD0%
1 Nov 2023$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Dec 2023$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Jan 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Feb 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Mar 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Apr 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 May 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Jun 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Jul 2024$7.8B$511M – $11.8B$7.8B (0%)after a round150flatD0%
1 Aug 2024$7.8B$600M – $11.8B$7.8B (0%)after a round160upD0%
1 Sep 2024$7.8B$600M – $11.8B$7.8B (0%)after a round160upD0%
1 Oct 2024$7.8B$600M – $11.8B$7.8B (0%)after a round160upD0%
1 Nov 2024$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Dec 2024$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Jan 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Feb 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Mar 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Apr 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 May 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Jun 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Jul 2025$7.8B$511M – $11.8B$7.8B (0%)after a round160flatD0%
1 Aug 2025$8.0B$600M – $12.2B$7.8B (-2%)after a round193upD0%
1 Sep 2025$8.5B$2.0B – $13.0B$8.5B (0%)after a round204growingC0%
1 Oct 2025$7.9B$600M – $12.1B$7.8B (-2%)after a round204upD0%
1 Nov 2025$7.9B$600M – $12.0B$7.8B (-2%)after a round204upD0%
1 Dec 2025$8.6B$2.0B – $13.0B$8.6B (0%)after a round256growingC0%
1 Jan 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round256growingC0%
1 Feb 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round294growingC0%
1 Mar 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round294growingC0%
1 Apr 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round294growingC0%
1 May 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round294growingC0%
1 Jun 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round374growingC0%
1 Jul 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round374growingC0%
1 Aug 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round374growingC0%
1 Sep 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round374growingC0%
1 Oct 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round464growingC0%
24 Oct 2026$8.6B$2.0B – $13.0B$8.6B (0%)after a round464growingC0%

Key facts about Flywheel Energy

Founded
2017
Headquarters
Oklahoma City, United States
Employees
about 464 +127% in a year
Total raised
$2.13B
Funding rounds
2
Last round
Debt Dec 2018

Flywheel Energy was founded in 2017 by David Howald and Justin Cope.

Flywheel Energy funding history

Flywheel Energy has 2 funding rounds on record, from Aug 2018 to Dec 2018, $2.13B in total. None disclosed a valuation.

  1. Debt 4 Dec 2018no round page

    With Wells Fargo Bank, N.A, Citibank, N.A.

    Sources: prnewswire.com

    $1.43B

  2. Growth Equity 1 Aug 2018

    With Kayne Anderson.

    Sources: prnewswire.com

    $700M

Flywheel Energy investors

3 investors have backed Flywheel Energy.

  • Citibank, N.A
  • Wells Fargo Bank, N.A

What Flywheel Energy does

Flywheel Energy works in oil & gas - extraction & distribution, with 13 recorded offerings and customers in oil and gas.

Flywheel Energy, LLC is an American private company engaged in the acquisition, exploration, and production of onshore oil and gas assets. The company operates in the United States, with a focus on the Rockies and Mid-Continent regions, and provides owner portals for property management. Flywheel Energy also manages midstream operations and is involved in the acquisition of gas properties and affiliated midstream businesses.

Description from Veridion's company data.

Products and services

  • Oil and Gas Asset Acquisition and Development
  • Oil and Gas Asset Exploration and Production
  • Oil and Gas Asset Management and Optimization
  • Oil and Gas Asset Technology Integration
  • Oil and Gas Asset Data Analytics
  • Oil and Gas Asset Portfolio Management
  • Oil and Gas Asset Value Creation Consulting
  • Oil and Gas Asset Risk Management
  • Oil and Gas Asset Regulatory Compliance Services
  • Oil and Gas Asset Owner Relations Services
  • Oil and Gas Asset Energy Delivery Solutions
  • Oil and Gas Asset Sustainability Consulting
  • Oil and Gas Asset Strategic Decision Consulting

Markets

  • Oil and Gas

Business model

  • Business-to-Business
  • Service Provider
  • Enterprise

Industry codes (NAICS)

  • 211120 Crude Petroleum Extraction 100% match

Questions about Flywheel Energy

What is Flywheel Energy worth?

Valuation $8.6B (range $2.0B to $13.0B), as of 24 Oct 2026.

Has Flywheel Energy raised money?

Flywheel Energy has 2 funding rounds on record, from Aug 2018 to Dec 2018, $2.13B in total. None disclosed a valuation.

Who has invested in Flywheel Energy?

Citibank, N.A, Kayne Anderson and Wells Fargo Bank, N.A.

How many people work at Flywheel Energy?

About 464, up 127% over the last year. Headcount grew from 130 in Jan 2021 to 464 in Sep 2026.

What does Flywheel Energy do?

Flywheel Energy works in oil & gas - extraction & distribution, with 13 recorded offerings and customers in oil and gas. Its main offerings are oil and gas asset acquisition and development, oil and gas asset exploration and production and oil and gas asset management and optimization.

When was Flywheel Energy founded, and where is it based?

Flywheel Energy was founded in 2017 and is based in Oklahoma City, United States. It has about 464 employees, up 127% over the last year.