Fundraising Fox

Cold Bore Technology

Calgary · Founded 2012 · 2 known investors

coldboretechnology.com ↗

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.

BC
Brett ChellFounder
AF
ALEX FORTINChief Technology Officer
SC
SHANE CASSELLChief Revenue Officer
BL
BLAIR LAYTONInterim Chief Executive Officer and Chief Financial Officer
CB
Cameron Brett ChellNamed on SEC filing

Board

JL
JAMIE LEARMOUTHBoard director
KD
KYLE DERHAMBoard director
MS
MURRAY SMITHBoard director
CS
CHRISTOPHER SPEARSBoard director
BB
Barry Benjamin HagglundBoard director
NP
Nicolai PacurariBoard director
WL
Weiguo LangBoard director

Investors · 2

Canadian Business Growth FundToronto · $3.6M – $14.6M
Rice Investment GroupCarnegie

Reported raises · per SEC filings

Form D private placements

$3.6M disclosed across 5 of 6 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.

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.
How much funding has Cold Bore Technology raised?
Cold Bore Technology has disclosed $3.6M raised across 5 of its 6 known rounds.
Where is Cold Bore Technology headquartered?
Cold Bore Technology is headquartered in Calgary.