Tech Company Financing Transactions
RunTitle Funding Round
RunTitle, operating out of Austin, secured $8 million in funding from Founders Fund, Austin Ventures and Deep Fork Capital.
Transaction Overview
Company Name
Announced On
9/21/2015
Transaction Type
Venture Equity
Venture Equity
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The financing gives RunTitle an opportunity to expand amid a crisis-level oil price environment forcing the historically slow-to-change oil and gas industry to seek out innovative data and software solutions. RunTitle will use the proceeds to accelerate hiring on its engineering, sales, and marketing teams and to continue growing its proprietary dataset of mineral title information.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
210 Barton Springs Rd. 225
Austin, TX 78704
USA
Austin, TX 78704
USA
Phone
Website
Email Address
Not Recorded
Overview
RunTitle is the only online marketplace for mineral ownership information. We've teamed up with professional landmen and oil & gas companies from around the nation to create a powerful platform unlike anything this industry has seen. Reports are added daily from our list of trusted land professionals.
Management Team
Title
Name
Email & Social
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We do our best to document funding rounds that are announced publicly. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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