Prax

Prax Group is a British multinational energy company based in London, specializing in the entire oil value chain, from exploration to distribution. The company operates in three main divisions: upstream, focusing on crude oil exploration and production; midstream, which handles the storage and transportation of petroleum products; and downstream, dedicated to refining and marketing petroleum products and biofuels, including retail sales under the Harvest Energy brand. With a global workforce of around 960 employees, Prax Group serves a diverse customer base across the Americas, Europe, Africa, the Middle East, and Asia. The company emphasizes responsible business practices, sustainability, and a commitment to reducing its carbon footprint. Its Integrated Supply & Trading organization enhances operational efficiency and risk management, supporting its core business activities. Prax Group is dedicated to delivering energy solutions while maintaining a focus on excellence and integrity.

Oil & Energy London, United Kingdom Founded 1999 ~38 employees Private · Debt Financing

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Employees
38
+2.7% in the 3 months to Jun 2025
Revenue / employee
$263M
Revenue ~$10B
Total funding
$1.6B
Last round Debt Financing, Sep 2023
12-month attrition
25.3%
Tech: 50%
H1B sponsor
NA

Headcount trend

Prax went from 29 employees in Jul 2023 to 38 in Jun 2025. Jan to Jun 2025: 7 people joined, 3 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other21
Finance11
Operations5
Engineering1

Funding

  • Sep 2023 · Debt Financing · $300M · HSBC Bank plc, Orchard Global Asset Management
  • Jul 2023 · Debt Financing · $350M · Freepoint Commodities
  • Jun 2023 · Debt Financing · $1B

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Prax FAQ

How many employees does Prax have?

Prax has about 38 employees, up 2.7% over the 3 months to Jun 2025.

What is Prax's revenue per employee?

Prax makes about $263.16M in revenue per employee, based on $10B annual revenue and 38 employees.

How much funding has Prax raised?

Prax has raised $1.65B in total funding; its latest round was Debt Financing in Sep 2023.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.