Fundraising Fox

Wellaware

San Antonio, US · Founded 2012 · 3 known investors

Find your way into Wellaware

259 people in our graph share verified history with the Wellaware team — schools, employers, funds. One of them is your warm intro.

Karthik Chakkarapaniunlockedknows Srinivasa Venkataramani · together at University of Madras (overlapped)
knows the team · via Diligent Robotics
×4knows the team · via University of Madras
knows the team · via Cognitive Scale
×2knows the team · via American Airlines
×3knows the team · via Texas State University

WellAware provides an industrial automation and remote monitoring platform that connects assets and operations to deliver real-time data, predictive analytics, and optimization. It serves mission-critical industrial markets such as production chemical management and frac tank monitoring, with data integration options including API, SCADA, MQTT, and cloud.

Founders & leadership

Wellaware was founded in 2012 by Matthew Harrison.

MH
Matthew HarrisonFounder
JCJennifer Crow
Jennifer CrowinExecutiveJennifer Crow serves as Executive Officer at WellAware, an industrial automation and remote monitoring platform. She has 15 years of experience as Chief Financial Officer at both public companies and venture-backed startups, with expertise in capital structure, financial planning, and deep-tech sectors including AI, robotics, and hardware/software.
DMDavid Milam
David MilamExecutive
SV
Srinivasa VenkataramaniinChief Technology Officer2014–2015Srinivasa Venkataramani holds a bachelor of engineering in electronics and communication from University of Madras. He has spent over 25 years in engineering leadership roles, including VP of Engineering at Solera, and prior leadership positions at Xome, WellAware, and Bazaarvoice, where he oversaw product engineering teams and managed large-scale migrations and acquisitions.
JD
Joseph D. Oliver IIIExecutive

Board

SSSteven Sarracino
Steven Sarracinoin𝕏Board directorFounder, Partner at Activant Capital
RJ
Raymond James WelderBoard director
EE
Edward E. Whitacre, Jr.Board director
RB
Richard B. CheneyBoard director
MP
Matthew P. BurkleyBoard director
WC
William Cameron PowellBoard director
HK
Hector Kuri ErreguerenaBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$67.4M disclosed across 4 rounds · 2013–2018

$12.9MraisedOct 2019 · 26 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Alec DaffernerDirector
  • William Eugene PowellDirector
  • Neeta SinghDirector
  • Andres Vazquez Del Mercado BenshimolDirector
  • Casey FriedelDirector
  • Richard B. CheneyDirector
  • Matthew HarrisonExecutive Officer, Director
  • William Cameron PowellDirector
  • Andre De LeonExecutive Officer
  • Erik LevyDirector
  • Blake CarlsonExecutive Officer
Offering amount
$13.7M
Amount sold
$12.9M
Sales commissions
$350K
Placement agents
Raymond James & Associates, Inc., KEMA Partners LLC
First sale
Sep 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$16.5MraisedSep 2015 · 9 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Jennifer CrowExecutive Officer
  • Raymond James WelderDirector
  • Steven SarracinoDirector
  • Matthew HarrisonExecutive Officer, Director
  • Edward E. Whitacre, Jr.Director
  • Richard B. CheneyDirector
  • Matthew P. BurkleyDirector
  • David MilamExecutive Officer
  • William Cameron PowellDirector
  • Hector Kuri ErreguerenaDirector
  • Srinivasa VenkataramaniExecutive Officer
  • William Eugene PowellDirector
Offering amount
$16.5M
Amount sold
$16.5M
First sale
Mar 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$37MraisedJul 2014 · 38 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • Richard B. CheneyDirector
  • Raymond James WelderDirector
  • Matthew HarrisonExecutive Officer, Director
  • Jennifer CrowExecutive Officer
  • Bret McCantsExecutive Officer
  • William Eugene PowellDirector
  • Edward E. Whitacre, Jr.Director
  • William Cameron PowellDirector
  • Steven SarracinoDirector
  • Hector Kuri ErreguerenaDirector
Offering amount
$37M
Amount sold
$37M
Sales commissions
$1.8M
Placement agents
Raymond James and Associates, Inc.
First sale
Apr 2014
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedJan 2014 · 1 investors · Oil and Gas
Rule 506(b)
Officers, directors & promoters on the filing
  • William Cameron PowellDirector
  • Leo QuintanillaDirector
  • Joseph D. Oliver IIIExecutive Officer
  • Edward E. Whitacre, Jr.Director
  • Matthew HarrisonExecutive Officer, Director
  • James MontgomeryDirector
  • Brad WestDirector
  • William Eugene PowellDirector
Offering amount
$1M
Amount sold
$1M
First sale
Dec 2013
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b, 4a5
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 Wellaware do?
WellAware provides an industrial automation and remote monitoring platform that connects assets and operations to deliver real-time data, predictive analytics, and optimization. It serves mission-critical industrial markets such as production chemical management and frac tank monitoring, with data integration options including API, SCADA, MQTT, and cloud.
Who founded Wellaware?
Wellaware was founded by Matthew Harrison in 2012.
Who are Wellaware's investors?
Wellaware's investors include Activant Capital, Montage Capital, Sun Mountain Capital.
How much funding has Wellaware raised?
Wellaware has disclosed $67.4M raised across 4 rounds.
Where is Wellaware headquartered?
Wellaware is headquartered in San Antonio, US.