# California Resources funding: rounds and investors

> California Resources has raised $550M across 1 round since 2026. Investors include US Department of Energy. Every round with its source.

Source: https://millionrounds.com/company/california-resources (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *California Resources*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$550M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $550M Jun 2026
- **Investors:** 1

See who backed them

## The rounds

- **Jun 2026** Debt **$550M** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded

## Founders and team

From California Resources's own website and the SEC filings it signed: 17 on the team.

- **Clio Crespy** Executive Vice President and Chief Financial Officer
- **Jay A. Bys** Executive Vice President and Chief Commercial Officer
- **Omar Hayat** Executive Vice President and Chief Operating Officer
- **Francisco J. Leon** President and Chief Executive Officer
- **Alana Sotiri** Senior Vice President, People Operations
- **Andrew B. Bremner** Director since 2021
- **Christian S. Kendall** Director since 2024
- **James N. Chapman** Director since 2020
- **James R. Jackson** Director since 2024
- **William B. Roby** Director since 2020
- **Charles F. Weiss** Executive Officer i
- **Darren F. Williams** Executive Officer i
- **Marshall D. Smith** Executive Officer i
- **Michael L. Preston** Executive Officer i
- **Roy A. Pineci** Executive Officer i
- **Shawn M. Kerns** Executive Officer i
- **Todd A. Stevens** Executive Officer, Director i

On the board, as filed i *Anita M. Powers* *Avedick B. Poladian* *Harold M. Korell* *Harry T. McMahon* *Justin A. Gannon* *Richard W. Moncrief* *Robert V. Sinnott* *Ronald L. Havner* *William E. Albrecht*

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=california-resources).

## Quick answers about California Resources

### Who invested in California Resources?

California Resources's investors include US Department of Energy.

### How much has California Resources raised?

California Resources has raised $550M across 1 round since 2026.

### When did California Resources last raise?

California Resources's most recent round was a Debt of $550M in Jun 2026.

### What was California Resources's biggest round?

Its most recent round, $550M in Jun 2026, is also its largest on record.

### Who backed California Resources first?

California Resources's first round on record, in Jun 2026, was backed by US Department of Energy.

### What stage is California Resources at?

California Resources's latest named round is a Debt, in Jun 2026.

### Where is California Resources based?

California Resources is based in the United States.

## Companies like California Resources

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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