Energy Domain Secures $5 Million Series A Funding to Revolutionize Oil and Gas Data Access
Updates
Updates
Dec 10, 2024

Energy Domain Secures $5 Million Series A Funding to Revolutionize Oil and Gas Data Access

Fort Worth, Texas – Energy Domain, a tech-driven marketplace transforming the oil and gas industry, has successfully closed a $5 million Series A funding round. This milestone marks a significant step toward finalizing the launch of the company’s innovative data platform, Energy Domain Data. The new platform is designed to provide affordable, real-time intelligence and advanced analytics to oil and gas professionals, complementing the company’s existing marketplace platform.

Pioneering Change in the Energy Sector

Energy Domain has already established itself as a leader in the oil and gas space, leveraging data and technology to streamline transactions and improve decision-making. With nearly three years of triple-digit growth, the company is now expanding its portfolio to include a second platform that combines real-time geospatial alerts, proprietary insights, and forecasting tools.

“We’ve made a name for ourselves as a marketplace for upstream oil and gas deals,” said CEO Ben Heinzelmann. “But the need for accurate, affordable data in this industry is clear. Energy Domain Data will address this gap, providing users with cost-effective access to critical intelligence and analytics.”

A Unique Approach to Funding

Instead of seeking large contributions from venture capitalists, Energy Domain raised funds by partnering with individuals and companies embedded in the oil and gas sector. This strategic move not only diversified its investor base but also ensured that the platform's development benefits from industry expertise. Key partners include operators, aggregators, and contractors from major U.S. basins, all of whom are contributing to pre-launch testing as beta users.

“Having industry insiders on board as both investors and testers means our product will launch with valuable insights baked in,” said COO Malcolm Smith. “Their expertise ensures the platform meets real-world needs.”

Scaling for Growth

In preparation for the platform’s launch later this year, Energy Domain has relocated to larger offices in Fort Worth’s Cattle Raisers Building, where it plans to expand its software, data engineering, and business development teams.

“Fort Worth’s rich history in the energy sector and its focus on tech innovation make it the perfect home for us,” said Heinzelmann. “We’re excited to grow here and make a meaningful impact on the industry.”

Join the Innovation

Energy Domain invites industry professionals to sign up for updates on the data platform’s launch at Energy Domain Data. While the funding round is complete, the company continues to seek feedback from the community to refine the platform ahead of its release.

About Energy Domain


Energy Domain is an online marketplace and data platform revolutionizing how oil and gas assets are bought, sold, and analyzed. By combining cutting-edge technology with user-focused design, the company delivers streamlined transactions, powerful analytics, and exclusive deal opportunities. Since 2021, Energy Domain has facilitated over 200 successful transactions and is poised to redefine the industry.

For more information, visit Energy Domain.