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Cold Bore Technology

Calgary · Founded 2012 · 3 known investors

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Cold Bore Technology builds digital completions data software for oil and gas well completion operations, including SmartPAD (a digital twin providing a standardized real-time dataset), IntelliSONIC (high-frequency pressure and acoustic monitoring), and OffsetWELLS (real-time FDI monitoring). Its tools serve operators and service companies to consolidate data streams and track on-site services.

Data & InfrastructureEnergySaaS

Founders & leadership

Cold Bore Technology was founded in 2012 by Brett Chell.

BCBrett Chell
Brett ChellFounder. President and CEO2013–2022Brett Chell is Director of Cold Bore Technology, a digital completions data software company serving oil and gas operators. He previously founded or co-founded several energy technology ventures including Raptor Rig, Axial Energy Tech, and Energy Block Services.
AFALEX FORTIN
ALEX FORTINChief Technology OfficerAlex Fortin is Chief Technology Officer at Cold Bore Technology, which builds digital completions data software for oil and gas well operations. He has led software development and optimization efforts across teams managing large-scale projects from planning through deployment.
SC
SHANE CASSELLChief Operating OfficerShane Cassell has worked across multiple segments of oil and gas operations, including service rigs, wellhead isolation, fracturing, downhole tools, and completion systems. He is Chief Revenue Officer of Cold Bore Technology, which develops digital completions data software for well operations.
BLBLAIR LAYTON
BLAIR LAYTONChief Executive OfficerBlair Layton is interim CEO and CFO of Cold Bore Technology, which builds digital data and monitoring software for oil and gas well completions. He has spent over thirty years in executive and founding roles across energy, oilfield services, and technology companies, including co-founding Radius Directional Services and Focus Directional Services, and serving as CFO of publicly listed Enseco Energy Services.
CB
Cameron Brett ChellNamed on SEC filing

Board

JL
JAMIE LEARMOUTHBoard director
KDKYLE DERHAM
KYLE DERHAMBoard directorPartner at Rice Investment Group
MS
MURRAY SMITHBoard director
CS
CHRISTOPHER SPEARSBoard director
BB
Barry Benjamin HagglundBoard director
NP
Nicolai PacurariBoard director
WL
Weiguo LangBoard director

Investors · 3

Rice Investment Grouplisted by Rice Investment GroupCarnegie

How we know: privatecapitaljournal.com · Not right? Tell us

bp venturesreportedLondon · $1M – $10M

How we know: funding news · privatecapitaljournal.com · Not right? Tell us

Funding

SEC filings, press & company announcements

$3.6M disclosed across 5 of 8 rounds · 2015–2024

▶$722KraisedAug 2024 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • ALEX FORTINExecutive Officer
  • SHANE CASSELLExecutive Officer
  • JAMIE LEARMOUTHDirector
  • MURRAY SMITHDirector
  • BLAIR LAYTONExecutive Officer, Director
  • CHRISTOPHER SPEARSDirector
  • KYLE DERHAMDirector
Offering amount
$722K
Amount sold
$722K
First sale
Jul 2024
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$176.5KofferedJun 2020 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Brett ChellExecutive Officer, Director
  • Gregg SedunDirector
  • Murray SmithDirector
  • Kyle DerhamDirector
Offering amount
$176.5K
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.3MraisedOct 2018 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Toby RiceDirector
  • Murray SmithDirector
  • Gregg J. SedunDirector
  • Glen HawkerDirector
  • Blair LaytonDirector
Offering amount
$2.3M
Amount sold
$2.3M
Sales commissions
$123K
Placement agents
Zelos Capital Ltd.
First sale
Oct 2018
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.7KraisedOct 2018 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Glen HawkerDirector
  • Blair Bradley LaytonDirector
  • Gregg J. SedunDirector
  • Murray SmithDirector
Offering amount
$6.7K
Amount sold
$6.7K
First sale
Oct 2018
Incorporated
Corporation, British Columbia, Canada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$189.7KraisedMar 2017 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Brett ChellDirector
  • Glen HawkerDirector
  • Weiguo LangDirector
  • Blair Bradley LaytonDirector
  • Gregg J. SedunDirector
  • Nicolai PacurariDirector
Offering amount
$189.7K
Amount sold
$189.7K
First sale
Mar 2017
Incorporated
Corporation, British Columbia, Canada, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$408.9KraisedApr 2015 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Blair Bradley LaytonDirector
  • Barry Benjamin HagglundDirector
  • Nicolai PacurariDirector
  • Weiguo LangDirector
  • Cameron Brett ChellDirector
  • Brett ChellDirector
  • Lawrence Edward KennedyDirector
Offering amount
$408.9K
Amount sold
$408.9K
First sale
Apr 2015
Incorporated
Corporation, British Columbia, Canada, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 1

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In the news

Funding roundup: Voiceflow, Cold Bore, Kraken Robotics, Spark, Novamera, QuoteToMe | BetaKitbetakit.com · Jul 2021

Frequently asked questions

What does Cold Bore Technology do?
Cold Bore Technology builds digital completions data software for oil and gas well completion operations, including SmartPAD (a digital twin providing a standardized real-time dataset), IntelliSONIC (high-frequency pressure and acoustic monitoring), and OffsetWELLS (real-time FDI monitoring). Its tools serve operators and service companies to consolidate data streams and track on-site services.
Who founded Cold Bore Technology?
Cold Bore Technology was founded by Brett Chell in 2012.
Who are Cold Bore Technology's investors?
Cold Bore Technology's investors include Canadian Business Growth Fund, Rice Investment Group, bp ventures.
How much funding has Cold Bore Technology raised?
Cold Bore Technology has disclosed $3.6M raised across 5 of its 8 known rounds.
Where is Cold Bore Technology headquartered?
Cold Bore Technology is headquartered in Calgary.