ResFrac Corporation
Latest round
- Series A
Last raised
- Apr 2020
Total raised
- $5M
Investors
- 1
About ResFrac Corporation
Founded in 2015 in Palo Alto, US, ResFrac Corporation specializes in hydraulic fracturing and reservoir simulation software.28 mn.ResFrac Corporation specializes in advanced software solutions for hydraulic fracturing and reservoir simulation, employing a unique physics-based modeling approach. Their flagship product integrates hydraulic fracturing and reservoir simulation into a single platform, allowing operators to simulate the full lifecycle of a well, from stimulation through to production and enhanced oil recovery (EOR). This innovative software addresses complex issues such as proppant transport, wellbore dynamics, and parent/child well interactions, enabling clients to optimize well spacing and stage length for improved capital efficiency.ResFrac Corporation generates revenue through direct software licensing and consulting services, offering tailored solutions for a wide range of clients in the oil and gas sector. Clients typically engage with the company through subscription models, paying for access to the software and ongoing support, in addition to performance-based consulting arrangements that may involve revenue sharing based on the success of the implemented solutions. The company is designing new features for their existing platform and is exploring entry into new international markets for enhanced geothermal systems and other applications.
Who invested in ResFrac Corporation
1 investor across 2 rounds
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Questions about ResFrac Corporation
Who invested in ResFrac Corporation?
ResFrac Corporation has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ResFrac Corporation raised?
ResFrac Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did ResFrac Corporation last raise money?
ResFrac Corporation's most recent round on record is a Series A, in Apr 2020.
What does ResFrac Corporation do?
Founded in 2015 in Palo Alto, US, ResFrac Corporation specializes in hydraulic fracturing and reservoir simulation software.
Where is ResFrac Corporation headquartered?
ResFrac Corporation is headquartered in Palo Alto, US.
Which VCs invest in companies like ResFrac Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at ResFrac Corporation's stage. Their profiles are linked below.
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