EnergyFunders
TypePrivate
IndustryOil and gas
Founded2013
HeadquartersSan Antonio, Texas
Key people
Laura Pommer, Virginia Urban Light, Garrett Glass, Piyush Prakash, Elizabeth Finley Ryan
Websiteenergyfunders.com

EnergyFunders is an energy-focused FINTECH crowdfunding company that started with oil and gas.

History

The company was founded in 2013 by Philip Racusin, Roger Gingell, Michael Racusin, and Casey Minshew in Houston, Texas.[1][2] Laura Pommer currently serves as the company’s CEO.[3] It was set up as a crowdfunding platform, in accordance with US Securities regulations.[4] EnergyFunders initially provided accredited investors with access to upstream oil and gas projects from independent operators and producers.[5] Generally these are established small operators that otherwise have limited financing options.[6] The platform first went live in 2014 and was officially released in 2015.[7] In January 2018, the EnergyFunders Marketplace was accepted by FINRA to operate a crowdfunding portal under Regulation CF.[8] EnergyFunders launched an all-new upgraded platform using block-chain technology in early 2018.

EnergyFunders Platform

The EnergyFunders platform provides crowdfunded upstream oil and gas projects to accredited investors,[1] which the company pre-vets before putting them up for offer[9][10] through a team of various professionals in law, geology, technology, and finance.[11] EnergyFunders takes a carried interest from each investment made through its platform.[1][12]

References

  1. 1 2 3 "Houston Startup Energy Funders Aims to Crowdfund the Oil Patch – Xconomy". 3 April 2014.
  2. ↑ "EnergyFunders COO Casey Minshew Discusses How 2017 is the Year of Oil Investing – Crowdfund Insider". 5 January 2017.
  3. ↑ "Forget the next movie, now you can crowdfund Texas oil wells". 23 March 2015 – via Reuters.
  4. ↑ Thorpe, Devin. "Experts Explain New Crowdfunding Rules". Forbes.
  5. ↑ "Frustration leads to creation of Instagram search app".
  6. ↑ "Crowdfunding oil and gas".
  7. ↑ "EnergyFunders Secures More Than $500,000 For Two Texas-Based Projects in Under Two Months – Crowdfund Insider". 25 October 2016.
  8. ↑ "FINRA Accepts Membership of its First Equity Crowdfunding Portal Exclusively for Investments in the Energy Industry, Opening Oil and Gas Investments and Clean Tech Startups to the Public". Retrieved 2018-01-24.
  9. ↑ "Jobs Act Title III Impact – Jobs Act Summary – Crowdfunding News". 14 December 2015.
  10. ↑ "Wanna cash in on oil? Here's a new way to invest". www.bizjournals.com. Retrieved 2021-03-02.
  11. ↑ "EnergyFunders Rolls Out One Of The Largest Platforms To Crowdfund US Oil And Gas Projects – Crowdfund Insider". 10 November 2015.
  12. ↑ "Crowdfunding OIL & GAS – News, Information and References for CrowdfundingCrowdFund Beat". crowdfundbeat.com.
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