RunTitle Closes $8M in Series A Financing

runtitleRunTitle, an Austin, Texas-based oil and gas data startup, closed $8m in Series A financing.

The round was led by Founders Fund, with participation from Aubrey McClendon’s Deep Fork Capital, existing investor Austin Ventures, and unnamed individuals.

The company intends to use the funds to accelerate hiring on its engineering, sales, and marketing teams and to continue growing its proprietary dataset of mineral title information.

RunTitle provides oil and gas data and software that provides previously inaccessible mineral title research to oil and gas professionals nationwide to make smarter acquisition decisions in a more timely manner. Customers range from small independents to multiple publicly traded natural resource exploration and production companies.

FinSMEs

02/10/2015

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