FundedIQ
Energy

Kraken Oil & Gas: Funding, Investors & Team (Oct 2026)

Kraken Oil & Gas is a private equity-backed exploration and production company formed in 2012 to focus on drilling and development opportunities in the Williston Basin of Montana and North Dakota, primarily in the prolific Bakken formation.

krakenoil.com LinkedIn Houston, United States 101-250 employees
Energy Oil and Gas
Total raised
$400M
Rounds
1
Latest
Undisclosed round
May 2026

Kraken Oil & Gas has raised $400M across 1 funding round on record, the most recent an undisclosed round of $400M announced in May 2026.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Kraken Oil & Gas Company Profile and Key Stats

Total funding raised
$400M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$400M in May 2026
Employees
101-250
reported band
Headquarters
Houston, United States

Latest funding round on record: May 2026.

Kraken Oil & Gas Funding Rounds

Date
Round
Amount
Undisclosed round
$400M

Kraken Oil & Gas Founders and Leadership Team

Name
Role
Contact
Amir Orad
Founder
Locked

Contact details for the Kraken Oil & Gas team: 1 has a LinkedIn profile.

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Kraken Oil & Gas Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M

Kraken Oil & Gas' latest round of $400M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Kraken Oil & Gas Funding FAQs

What does Kraken Oil & Gas do?

Kraken Oil & Gas is a private equity-backed exploration and production company formed in 2012 to focus on drilling and development opportunities in the Williston Basin of Montana and North Dakota, primarily in the prolific Bakken formation.

How much funding has Kraken Oil & Gas raised?

Kraken Oil & Gas has raised $400M across 1 round on record. The most recent is an undisclosed round of $400M announced in May 2026.

When did Kraken Oil & Gas last raise funding?

Kraken Oil & Gas' most recent funding round on record is an undisclosed round of $400M, announced in May 2026.

Who founded Kraken Oil & Gas?

FundedIQ lists Amir Orad (Founder) at Kraken Oil & Gas.

Where is Kraken Oil & Gas headquartered?

Kraken Oil & Gas is based in Houston, Texas, United States.

How many employees does Kraken Oil & Gas have?

Kraken Oil & Gas is in the 101-250 employee band.

How does Kraken Oil & Gas' funding compare to other Energy startups?

Kraken Oil & Gas' latest round of $400M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Kraken Oil & Gas Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Kraken Oil & Gas is left off this page rather than filled in.

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