EnergyFunders
| Type | Private |
|---|---|
| Industry | Oil and gas |
| Founded | 2013 |
| Headquarters | San Antonio, Texas, |
| Website | energyfunders |
EnergyFunders is an energy-focused FINTECH crowdfunding company that started with oil and gas.
History
[edit]The company was founded in 2013 by Philip Racusin, Roger Gingell, Michael Racusin, and Casey Minshew in Houston, Texas.[1][2] [3] It was set up as a crowdfunding platform.[citation needed] EnergyFunders initially provided accredited investors with access to upstream oil and gas projects from independent operators and producers.[4] Generally these are established small operators that otherwise have limited financing options.[5] The platform first went live in 2014 and was officially released in 2015.[6] In January 2018, the EnergyFunders Marketplace was accepted by FINRA to operate a crowdfunding portal under Regulation CF.[7] EnergyFunders launched an all-new upgraded platform using block-chain technology in early 2018.
EnergyFunders platform
[edit]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[8][9] through a team of various professionals in law, geology, technology, and finance.[10] EnergyFunders takes a carried interest from each investment made through its platform.[1][11]
References
[edit]- ^ a b c "Houston Startup Energy Funders Aims to Crowdfund the Oil Patch – Xconomy". Xconomy. 3 April 2014.
- ^ "EnergyFunders COO Casey Minshew Discusses How 2017 is the Year of Oil Investing – Crowdfund Insider". 5 January 2017.
- ^ us-energy-crowdfunding/forget-the-next-movie-now-you-can-crowdfund-texas-oil-wells-idUSKBN0MJ0B320150323 "Forget the next movie, now you can crowdfund Texas oil wells". 23 March 2015 – via Reuters.
{{cite web}}: Check|url=value (help) - ^ Patel, By Purva (17 May 2014). "Frustration leads to creation of Instagram search app". Houston Chronicle.
- ^ "Crowdfunding oil and gas". PowerSource: Energy News. In Context. - Pittsburgh Post-Gazette.
- ^ "EnergyFunders Secures More Than $500,000 For Two Texas-Based Projects in Under Two Months – Crowdfund Insider". 25 October 2016.
- ^ "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.
- ^ "Jobs Act Title III Impact – Jobs Act Summary – Crowdfunding News". 14 December 2015.
- ^ "Wanna cash in on oil? Here's a new way to invest". www.bizjournals.com. Retrieved 2021-03-02.
- ^ "EnergyFunders Rolls Out One Of The Largest Platforms To Crowdfund US Oil And Gas Projects – Crowdfund Insider". 10 November 2015.
- ^ "Crowdfunding OIL & GAS – News, Information and References for CrowdfundingCrowdFund Beat". crowdfundbeat.com.
