Fort Worth Mineral Co

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Fort Worth Mineral Co - overview

Established

2012

Location

Fort Worth, TX, US

Primary Industry

Oil & Gas

About

Fort Worth Mineral Co is focused on delivering innovative technology solutions to enhance business operations and user engagement across various sectors, including healthcare, finance, and education. Founded in 2012, Fort Worth Mineral Co operates from Fort Worth, Texas, USA, specializing in technology-driven solutions. The company has engaged in one deal since its inception, with the most recent deal occurring on May 1, 2016, when NGP acquired Fort Worth Mineral Co. Financial terms were not disclosed.


The company specializes in offering a comprehensive suite of technology-driven solutions designed to optimize business operations and enhance user engagement. Their core products include a cloud-based platform that facilitates project management, streamlines communication among teams, and provides analytics for performance tracking. These solutions cater to a diverse range of industries including healthcare, finance, and education, addressing specific needs such as regulatory compliance, efficiency in workflow, and real-time data accessibility. The company's services were initially launched in 2018 and have expanded to serve clients across North America, Europe, and select markets in Asia.


Their clientele comprises small to medium-sized enterprises, as well as established corporations seeking to modernize their operational frameworks. The company's revenue structure is primarily driven by subscription-based models, allowing clients to access their suite of products and services for a recurring fee. These subscriptions are tiered, tailored to the varying needs of different customer segments, ranging from basic access for small businesses to premium plans that offer advanced features for larger organizations. Transactions typically occur directly between the firm and its clients, facilitating a seamless onboarding process and ongoing support.


The flagship product, a comprehensive project management tool, is pivotal in driving revenues, as it combines essential functionalities with user-friendly interfaces, promoting higher adoption rates among end users. This structured approach ensures a consistent revenue stream while fostering long-term relationships with clients through ongoing service updates and customer support. Looking ahead, Fort Worth Mineral Co plans to introduce new products aimed at enhancing user experience, with specific launch dates yet to be announced. The company is also targeting expansion into new markets across Asia and Europe, aiming to establish a stronger presence by the end of 2023.


Recent funding will support these initiatives, enabling them to develop and market these upcoming solutions effectively.


Current Investors

Primary Industry

Oil & Gas

Sub Industries

Oil & Gas, Financial Services

Website

http://www.ftwmineral.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Fort Worth Mineral Co - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedFort Worth Mineral Co-

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