Royalty Advocate Closes $3 Million Series A Funding from Merit Advisors

Royalty Advocate Closes $3 Million Series A Funding from Merit Advisors
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SCOTTSDALE, Ariz., April 20, 2021 /PRNewswire/ -- Royalty Advocate, a software company whose cutting-edge platform helps owners of oil and gas holdings maximize the value of their portfolios, today announced the close of a $3 million Series A funding round from Merit Advisors LLC.
The investment by Merit Advisors represents the first external funding for Royalty Advocate, which  launched its industry-changing cloud-based mineral management platform in 2020. Royalty Advocate will use the funding to accelerate growth, including the continued development of its SaaS platform and the build-out of its engineering, sales and customer success teams.  

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