RunTitle is a technology company.
RunTitle has raised $12.0M across 2 funding rounds.
RunTitle has raised $12.0M in total across 2 funding rounds.
RunTitle has raised $12.0M in total across 2 funding rounds.
RunTitle's investors include Bedrock Capital, Cota Capital, Deep Fork Capital, Endeavor Health Ventures, Founders Fund, Jackson Square Ventures, RRE Ventures, SciFi VC, Silverton Partners, Greg Kidd, Josh Abramowitz.
RunTitle is a technology company based in Austin, Texas, that builds a comprehensive database and online marketplace for mineral and royalty ownership in oil and gas assets.[1][3][5][6] It serves mineral and royalty owners, oil and gas professionals, operators, and investors by providing tools for buying, selling, leasing, and managing subsurface properties, solving the longstanding problem of opaque, manual mineral title research that previously required months of courthouse document reviews.[1][3][4][6] With $12.71M raised (last in a $680K loan five years ago) and reported revenue around $6M, RunTitle maintains steady operations in a niche but critical sector, positioning itself as the largest U.S. database for mineral ownership data to drive transparency and efficiency.[1][2][4][5]
Founded in 2012, RunTitle emerged to digitize the fragmented world of mineral title information in oil and gas, where professionals traditionally sifted through paper records in county courthouses.[3][5] The company gained pivotal traction in 2015 with an $8M Series A round led by Founders Fund, joined by Deep Fork Capital (Aubrey McClendon's firm), Austin Ventures, and others, capitalizing on low oil prices that pushed the industry toward data-driven efficiencies.[3] This funding fueled dataset expansion, engineering hires, and sales growth amid industry crisis, evolving RunTitle from a data startup into a marketplace with owner communities and reports from landmen nationwide.[1][3][4]
RunTitle rides the wave of digital transformation in energy, applying big data and fintech models to oil/gas mineral rights—a sector long resistant to tech disruption due to its reliance on physical records.[1][3] Timing aligns with volatile commodity prices (e.g., 2015 downturn) and emerging needs like carbon capture, where accurate subsurface data is vital for development and investment.[3][6] Market forces favoring it include industry efficiency demands, regulatory pushes for transparency, and crossover with renewables/real estate, positioning RunTitle to influence ecosystem standardization much like title platforms revolutionized real estate.[1][6]
RunTitle's entrenched database and marketplace give it a defensible moat in subsurface data, with potential to expand into adjacent high-growth areas like energy transition projects amid rising demand for reliable ownership intel.[6] Trends like AI-enhanced analytics, blockchain for royalties, and global energy shifts could accelerate its role, especially if new funding revives hiring post its 2020 loan.[1][5] As oil/gas embraces data parity with other assets, RunTitle may evolve into a central clearinghouse, amplifying its impact on transparent investing in a $trillion+ subsurface economy—echoing its founding mission to simplify these vital assets.[3][6]
RunTitle has raised $12.0M across 2 funding rounds. Most recently, it raised $8.0M Series A in October 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2015 | $8.0M Series A | Bedrock Capital, Cota Capital, Deep Fork Capital, Endeavor Health Ventures, Founders Fund, Jackson Square Ventures, RRE Ventures, SciFi VC, Silverton Partners, Greg Kidd, Josh Abramowitz | |
| Sep 1, 2013 | $4.0M Seed | Jackson Square Ventures, Silverton Partners, Greg Kidd |