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
Amount
$8,000,000
Round
Series A
Investors

Founders Fund (Lead Investor) (Geoff Lewis)

Austin Ventures (Michael Dodd)

Deep Fork Capital

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
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.
Profile
RunTitle LinkedIn Company Profile
Social Media
RunTitle Company Twitter Account
Company News
RunTitle News
Facebook
RunTitle on Facebook
YouTube
RunTitle on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Reid Calhoon
  Reid Calhoon LinkedIn Profile  Reid Calhoon Twitter Account  Reid Calhoon News  Reid Calhoon on Facebook
Chief Technical Officer
A.T. Fouty
  A.T. Fouty LinkedIn Profile  A.T. Fouty Twitter Account  A.T. Fouty News  A.T. Fouty on Facebook
VP - Bus. Development
Jay Meador
  Jay Meador LinkedIn Profile  Jay Meador Twitter Account  Jay Meador News  Jay Meador on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/21/2015: Solar Mosaic venture capital transaction
Next: 9/21/2015: SPORTalk venture capital transaction

 

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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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