FundedIQ
Energy

Razor Energy: Funding, Investors & Team (Aug 2026)

They are a publicly-traded junior oil and gas development and production company headquartered in Calgary, Alberta. Their business is concentrated on acquiring, and subsequently enhancing, producing oil and gas properties primarily in Alberta. Razor was founded in 2016 and through a business combination with Vector Resources Inc., a Capital Pool Company, concurrently completed an acquisition of a legacy light oil asset in the Swan Hills area of Alberta in January 2017, funded partially through a term loan facility in the amount of $30 million provided by AIMCo. Razor’s shares started trading on TSX Venture Exchange under ticker “RZE” on Feb 13, 2017. Razor is led by Doug Bailey and Frank Muller, the former CEO and COO, respectively, of Striker Exploration Corp. a publicly-traded junior oil and gas producer that amalgamated with Gear Energy in July 2016. The Company’s experienced management team and committed board of directors have a long term vision of organic and inorganic growth focused on efficiency and cost control across all areas of the business.

www.razor-energy.com LinkedIn Calgary, Canada 11-50 employees
Energy Oil and Gas Renewable Energy
Total raised
$1.8M
Rounds
1
Latest
Post-IPO Equity
Oct 2021

Razor Energy has raised $1.8M across 1 funding round on record, the most recent a Post-IPO Equity of $1.8M announced in Oct 2021.

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

Razor Energy Company Profile and Key Stats

Total funding raised
$1.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Post-IPO Equity
$1.8M in Oct 2021
Employees
11-50
reported band
Headquarters
Calgary, Canada

Latest funding round on record: Oct 2021.

Razor Energy Funding Rounds

Date
Round
Amount
Post-IPO Equity
$1.8M

Razor Energy Founders and Leadership Team

Name
Role
Contact
Doug Bailey
CEO

No contact details are on record for this team yet.

Razor Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
3,081
$2.2M

Razor Energy's latest round of $1.8M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Razor Energy Funding FAQs

What does Razor Energy do?

They are a publicly-traded junior oil and gas development and production company headquartered in Calgary, Alberta. Their business is concentrated on acquiring, and subsequently enhancing, producing oil and gas properties primarily in Alberta. Razor was founded in 2016 and through a business combination with Vector Resources Inc., a Capital Pool Company, concurrently completed an acquisition of a legacy light oil asset in the Swan Hills area of Alberta in January 2017, funded partially through a term loan facility in the amount of $30 million provided by AIMCo. Razor’s shares started trading on TSX Venture Exchange under ticker “RZE” on Feb 13, 2017. Razor is led by Doug Bailey and Frank Muller, the former CEO and COO, respectively, of Striker Exploration Corp. a publicly-traded junior oil and gas producer that amalgamated with Gear Energy in July 2016. The Company’s experienced management team and committed board of directors have a long term vision of organic and inorganic growth focused on efficiency and cost control across all areas of the business.

How much funding has Razor Energy raised?

Razor Energy has raised $1.8M across 1 round on record. The most recent is a Post-IPO Equity of $1.8M announced in Oct 2021.

When did Razor Energy last raise funding?

Razor Energy's most recent funding round on record is a Post-IPO Equity of $1.8M, announced in Oct 2021.

Who is the CEO of Razor Energy?

Doug Bailey is listed as CEO at Razor Energy.

Where is Razor Energy headquartered?

Razor Energy is based in Calgary, Alberta, Canada.

How many employees does Razor Energy have?

Razor Energy is in the 11-50 employee band.

How does Razor Energy's funding compare to other Energy startups?

Razor Energy's latest round of $1.8M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Razor Energy 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 Razor Energy is left off this page rather than filled in.

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