FundedIQ
Data and Analytics

Royalty Advocate: Funding, Investors & Team (Sep 2026)

The Royalty Advocate (https://www.royaltyadvocate.com) platform provides mineral owners with complete, real-time visibility into their portfolios. Using automated workflows, data aggregation and analytics, Royalty Advocate creates digital maps and shapes based on legal descriptions, and allows users to instantly see what assets they own, which companies are operating the wells, what those operators are reporting to the state, and whether owners are getting paid the correct amount for all their assets. The Royalty Advocate solution also helps users minimize portfolio costs by tracking charged deductions and costs, as well as property taxes. The Royalty Advocate SaaS model is entirely scalable, meaning that it is robust and cost-effective for both big organizations in need of an enterprise solution and individual or family mineral owners. For large organizations, Royalty Advocate's automated system reduces legwork and manpower requirements, allowing them to save costs.

www.royaltyadvocate.com/home LinkedIn Scottsdale, United States 1-10 employees
Analytics Energy Enterprise Software Software
Total raised
$3.0M
Rounds
1
Latest
Series A
Apr 2021

Royalty Advocate has raised $3.0M across 1 funding round on record, the most recent a Series A of $3.0M announced in Apr 2021.

That round is below the $5.2M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.

Royalty Advocate Company Profile and Key Stats

Total funding raised
$3.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$3.0M in Apr 2021
Employees
1-10
reported band
Headquarters
Scottsdale, United States

Latest funding round on record: Apr 2021.

Royalty Advocate Funding Rounds

Date
Round
Amount
Series A
$3.0M

Royalty Advocate Founders and Leadership Team

Name
Role
Contact
Eliott Gilson
CEO

No contact details are on record for this team yet.

Royalty Advocate Funding Compared to Other Data and Analytics Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Royalty Advocate's latest round of $3.0M is below the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.

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Royalty Advocate Funding FAQs

What does Royalty Advocate do?

The Royalty Advocate (https://www.royaltyadvocate.com) platform provides mineral owners with complete, real-time visibility into their portfolios. Using automated workflows, data aggregation and analytics, Royalty Advocate creates digital maps and shapes based on legal descriptions, and allows users to instantly see what assets they own, which companies are operating the wells, what those operators are reporting to the state, and whether owners are getting paid the correct amount for all their assets. The Royalty Advocate solution also helps users minimize portfolio costs by tracking charged deductions and costs, as well as property taxes. The Royalty Advocate SaaS model is entirely scalable, meaning that it is robust and cost-effective for both big organizations in need of an enterprise solution and individual or family mineral owners. For large organizations, Royalty Advocate's automated system reduces legwork and manpower requirements, allowing them to save costs.

How much funding has Royalty Advocate raised?

Royalty Advocate has raised $3.0M across 1 round on record. The most recent is a Series A of $3.0M announced in Apr 2021.

When did Royalty Advocate last raise funding?

Royalty Advocate's most recent funding round on record is a Series A of $3.0M, announced in Apr 2021.

Who is the CEO of Royalty Advocate?

Eliott Gilson is listed as CEO at Royalty Advocate.

Where is Royalty Advocate headquartered?

Royalty Advocate is based in Scottsdale, Arizona, United States.

How many employees does Royalty Advocate have?

Royalty Advocate is in the 1-10 employee band.

How does Royalty Advocate's funding compare to other Data and Analytics startups?

Royalty Advocate's latest round of $3.0M is below the $5.2M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.

About FundedIQ's Royalty Advocate 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 Royalty Advocate is left off this page rather than filled in.

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