When was American Resource Development founded?

American Resource Development was founded in 2015 and raised its 1st funding round within a year of its incorporation.

Where is American Resource Development located?

American Resource Development is headquartered in Austin, United States. It is registered at Austin, Texas.

Who is the current CEO of American Resource Development?

Parker Reese of American Resource Development.

How many employees does American Resource Development have?

As of Dec 31, 2022, American Resource Development has 55 employees, reflecting a 140% year-over-year growth in headcount.

Is American Resource Development a funded company?

American Resource Development is a funded company, having raised a total of $650M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Jul 08, 2015.

When was the latest funding round of American Resource Development?

American Resource Development's latest funding was a $***** PE round on Mar 07, 2017, with participation from 1 investor. Its primary sector is Oil & Gas Upstream. In United States, the Oil & Gas Upstream sector has seen $2.29B in funding in 2026 to date.

Where does American Resource Development rank among its competitors?

American Resource Development ranks 10th amongst 55 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Sable Offshore, which secured $250M in Nov, 2025.

Who are the top competitors of American Resource Development?

American Resource Development's top competitors include Surge Energy, Ongc Videsh and Pilot Energy. Among them, Sable Offshore secured the most recent funding round in November, 2025.

American Resource Development - 2026 Company Profile, Team, Funding & Competitors

American Resource Development is a late stage company based in Austin (United States), founded in 2015. It operates as a Developer of oil and gas properties. American Resource Development has raised $650M in funding. The company has 55 active competitors, including 5 funded and 13 that have exited. Its top competitors include companies like Surge Energy, Ongc Videsh and Pilot Energy.

Company Details

Developer of oil and gas properties. This entity engages in the acquisition and development of oil and gas properties. Its operations involve the exploration and production of oil and gas resources. The company focuses on resource development projects and manages significant land positions. It provides services to royalty owners and maintains a commitment to responsible operations.

Website: www.ameredev.com/
Social
Registered Address: Austin, Texas

Key Metrics

Founded Year

2015

Location

Austin, United States

Stage

Late Stage

Total Funding

$650M in 2 rounds

Latest Funding Round

PE, Mar 07, 2017, $*****

Investors

EnCap Investments

Ranked

10^th among 55 active competitors

Employee Count

55 as on Dec 31, 2022

Similar Companies

Surge Energy & 55 more

View American Resource Development's full profile

American Resource Development is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
AMEREDEV OPERATING, LLC CIN: 820617153 , United States, Active	Dec 26, 999	-	17 (As on Dec 31, 2024)	-

American Resource Development has raised a total funding of $650M over 2 rounds. Its first funding round was on Jul 08, 2015. Its latest funding round was a PE round on Mar 07, 2017 for $*****. 1 investor participated in its latest round. American Resource Development has 1 institutional investor.

Here is the list of recent funding rounds of American Resource Development:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 07, 2017	4279740	PE	8246428	8526228	2751806	2908118
Jul 08, 2015	5745728	PE	2280576	8458114	9832001	EnCap Investments

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View details of American Resource Development's funding rounds and investors

American Resource Development's employee count trend

American Resource Development has 55 employees as of Dec 22. The total employee count is 139.0% more than what it was in Dec 21. Here is American Resource Development's employee count trend over the years:

Employee count trend for American Resource Development

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Top competitors of American Resource Development include Surge Energy, Ongc Videsh and Pilot Energy. Here is the list of Top 10 competitors of American Resource Development, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Surge Energy 2010, Calgary (Canada), Public	Provider of oil & gas exploration and production services	-	-	57/100
2nd	Ongc Videsh 1965, Delhi (India), Funding Raised	Oil and gas exploration and production company	-	SBI, Bank of Baroda & 10 others	51/100
3rd	Pilot Energy 1998, Sydney (Australia), Public	Developer of clean energy projects leveraging existing oil and gas assets	-	Discovery, Melody & 1 others	48/100
4th	Evolution Petroleum 2003, Houston (United States), Public	Oil and gas production company	-	Cagan McAfee Capital Partners	48/100
5th	Viper Energy 2013, Midland (United States), Public	Owner and acquirer of mineral and royalty interests in oil and gas properties	-	-	47/100
6th	Empire Energy Group 1981, Sydney (Australia), Public	Provider of exploration and development services for oil and gas sector	-	-	46/100
7th	Sable Offshore 2024, Houston (United States), Public	Upstream company focused on developing and operating oil and gas assets in federal waters offshore	-	-	45/100
8th	Twinza Oil 2004, Singapore (Singapore), Early Stage	Developer of offshore gas field projects	$27M	Kerogen Capital, McRae Investments & 1 others	41/100
9th	Clearview Resources 2011, Calgary (Canada), Unfunded	Canadian energy producer focused on per-share growth through disciplined capital deployment	-	-	41/100
10th	American Resource Development 2015, Austin (United States), Late Stage	Developer of oil and gas properties	$650M	EnCap Investments	39/100