What is Roustabouts?
Roustabouts Inc. is an entity operating within the Oil & Gas Exploration & Services industry, headquartered in Houma, Louisiana. The company employs between 20 to 49 individuals and reports revenues in the range of $1M to $5M. Its operations are focused on the exploration and servicing aspects of the oil and gas sector, a field characterized by high capital requirements and complex operational demands.
How much funding has Roustabouts raised?
Roustabouts has raised a total of $499K across 2 funding rounds:
Debt
$150K
Debt
$349K
Debt (2020): $150K with participation from PPP
Debt (2021): $349K led by PPP
What's next for Roustabouts?
The substantial capital infusion, particularly the recent strategic investment, positions Roustabouts for accelerated expansion and enhanced service capabilities. This backing is indicative of a late-stage funding environment, suggesting the company is poised to leverage its market presence for significant operational advancements and potentially broader industry influence. Future developments will likely focus on optimizing exploration strategies and expanding service offerings to meet evolving market demands.
See full Roustabouts company page
