# Derek Rice

> Derek Rice is a seed investor at Rice Investment Group backing Oil and Gas and Energy. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Rice Investment Group](https://shizune.co/investors/profile/rice-investment-group)
- Total investments: 5
- Last investment: Jul 2023
- Lead investor: 60%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/derek-rice-9ba53542/

Derek Rice is a seed investor at Rice Investment Group focused on Oil and Gas and Energy. Derek Rice is the Partner of Rice Investment Group.He attend to the Tufts University.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Oil and Gas | 2 | 40% |
| Energy | 1 | 20% |
| Software | 1 | 20% |
| Analytics | 1 | 20% |
| Machine Learning | 1 | 20% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 20% |
| Series A | 1 | 20% |
| Series B | 1 | 20% |
| Corporate Round | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 20% |
| United States | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Upwage | Our mission is to create $1 trillion in new wealth for the 44% of Americans who make less than $16/hr, using the power of big data & AI. | $7.3M | Seed | Jul 01, 2023 |  |
| Cold Bore Technology | Cold Bore Technology is a data acquisition service, specializing in digital downhole acoustic monitoring, the digitization of the surface frac spread, and digital adjacent well monitoring. It provides a digital twin visible on handheld devices on location and real-time access to frac data back at the headquarters.The company was founded in 2013and is headquartered in Calgary, Alberta. | $14M | Venture - Series Unknown | Jul 29, 2021 |  |
| Cold Bore Technology | Cold Bore Technology is a data acquisition service, specializing in digital downhole acoustic monitoring, the digitization of the surface frac spread, and digital adjacent well monitoring. It provides a digital twin visible on handheld devices on location and real-time access to frac data back at the headquarters.The company was founded in 2013and is headquartered in Calgary, Alberta. |  | Series B | Sep 12, 2019 |  |
| OAG Analytics | OAG Analytics is a developer of a predictive analytics platform focusing on providing advanced analytics to upstream energy operators. The company's software enables subsurface engineers and scientists to rapidly add AI to their workflows, automating time-consuming tasks, and identifying new complex correlations that lead to cost savings andproduction uplift. Its platform leverages AI to offer insights about pre-drill production, development strategies, acquisitions, divestitures, forecasting, and reserve reports that allow geoscientists to significantly reduce the time they spend on wrangling and create more time for analysis and decision making.OAG Analytics was established in 2013 and is headquartered in Houston, Texas. |  | Corporate Round | Apr 23, 2019 |  |
| Cold Bore Technology | Cold Bore Technology is a data acquisition service, specializing in digital downhole acoustic monitoring, the digitization of the surface frac spread, and digital adjacent well monitoring. It provides a digital twin visible on handheld devices on location and real-time access to frac data back at the headquarters.The company was founded in 2013and is headquartered in Calgary, Alberta. | $2.3M | Series A | Oct 15, 2018 |  |

5 of 5 investments shown.

## Co-investors
- [VITALIZE Venture Capital](https://shizune.co/investors/profile/vitalize-vc) — VC Fund, 3 deals together
- [Core Innovation Capital](https://shizune.co/investors/profile/core-innovation-capital) — VC Fund, 2 deals together
- [J4.Ventures](https://shizune.co/investors/profile/j4-ventures) — VC Fund, 2 deals together
- [Maveron](https://shizune.co/investors/profile/maveron) — VC Fund, 2 deals together
- [Moai Capital](https://shizune.co/investors/profile/moai-capital) — VC Fund, 2 deals together
- [Precursor Ventures](https://shizune.co/investors/profile/precursor-ventures) — VC Fund, 2 deals together

## About Rice Investment Group

VC Fund · Carnegie, United States

Rice Investment Group is a $200mm multi-strategy fund investing in all verticals of the oil and gas sector with a focus on partnering where our operational, technical, and strategic experience add value. Led by the former Rice Energy management team, the RIG team has a highly complementary and diverse skill-set.​RIG seeks to invest between $1mm- $40mm across the capital stack in the upstream, midstream, oilfield services, and energy technology sectors. RIG can invest passively alongside an existing sponsor-management team or actively as lead financial sponsor.

3 contacts available at Rice Investment Group.

| Name | Title | Profile |
| --- | --- | --- |
| Daniel J Rice IV | Partner | https://shizune.co/investors/profile/daniel-j-rice-iv |
| Daniel Rice | Co-Founder,CEO and Partner | https://shizune.co/investors/profile/daniel-rice-4902 |
| Derek Rice | Partner | https://shizune.co/investors/profile/derek-rice |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Derek Rice invest in?

Derek Rice invests primarily in Oil and Gas, Energy and Software startups, most often at Seed and Series A stage. Most of the 5 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Derek Rice last invest?

The most recent investment recorded for Derek Rice closed in Jul 2023. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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