PrePad Secures US$2.8 Million Seed Funding and Establishes New Market Category for Drilling and Completions Software [Yahoo! Finance]
Devon Energy Corporation (DVN)
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Source: Yahoo! Finance
software that's designed to optimize drilling and completions through capital lifecycle management, execution optimization, and asset development strategies, today announced the closing of its US$2.8 million seed investment. The Company will now work to accelerate its growth to meet increasing demand in the energy sector. "We're very pleased to complete this round of funding, which represents a significant milestone for us as we establish a new market category for drilling and completions software," said Sean Hervo, Co-Founder and CEO of PrePad. "With the seed investment, we have the support and resources needed to deepen our U.S. market presence, bolster our go-to-market organization, and accelerate product development. We've built a robust software solution that has proven its value to some of the world's most innovative energy companies. As we enter a growth phase for the company, we invite new clients, partners, and other energy solution providers to join forces with PrePad, the
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DVN
Earnings
- 11/5/25 - Beat
DVN
Sec Filings
- 11/24/25 - Form 4
- 11/6/25 - Form 10-Q
- 11/5/25 - Form 8-K
- DVN's page on the SEC website