When was Veritree founded?

Veritree was founded in 2019 and raised its 1st funding round 6 years after it was founded.

Where is Veritree located?

Veritree is headquartered in Vancouver, Canada.

How many employees does Veritree have?

As of Apr 30, 2026, the latest employee count at Veritree is 87.

Is Veritree a funded company?

Veritree is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on May 14, 2025.

When was the latest funding round of Veritree?

Veritree's latest funding was a $***** Series A round on May 14, 2025, with participation from 4 investors. Its primary sector is Air Management Services. In Canada, the Air Management Services sector has seen $52.3M in funding in 2026 to date.

Where does Veritree rank among its competitors?

Veritree ranks 18th amongst 1043 active competitors, of which 73 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Veritree, which secured $6.5M in May, 2025.

Who are the top competitors of Veritree?

Veritree's top competitors include Picarro App, Trane Technologies and Tallgrass. Among them, Veritree secured the most recent funding round in May, 2025.

Veritree - 2026 Company Profile, Team, Funding & Competitors

Veritree is a series A company based in Vancouver (Canada), founded in 2019 by David Luba. It operates as a Provider of forestry research & training and climate services. Veritree has raised $6.5M in funding from Pender Ventures. The company has 1043 active competitors, including 73 funded and 180 that have exited. Its top competitors include companies like Picarro App, Trane Technologies and Tallgrass.

Company Details

Website: www.veritree.com/
Social
Email ID: *****@veritree.com
Phone Number: +1 **********
Part Of

Key Metrics

Founded Year

2019

Location

Vancouver, Canada

Stage

Series A

Total Funding

$6.5M in 1 round

Latest Funding Round

Series A, May 14, 2025, $*****

Investors

Pender Ventures & 5 more

Ranked

18^th among 1043 active competitors

Employee Count

87 as on Apr 30, 2026

Similar Companies

Trane Technologies & 588 more

View Veritree's full profile

Veritree has raised a total funding of $6.5M over 1 round. Its latest funding round was a Series A round on May 14, 2025 for $*****. 4 investors participated in its latest round. Veritree has 6 institutional investors.

Here is the list of recent funding rounds of Veritree:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 14, 2025	5121338	Series A	7391424	3134113	5984019	1906196

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View details of Veritree's funding rounds and investors

The founders of Veritree is David Luba.

Here are the details of Veritree's key team members:

David Luba: Co-Founder of Veritree and founder of 1 other company. They serve on the board of 1 company.

View details of Veritree's Founder profiles and Board Members

Veritree's employee count trend

Veritree has 87 employees as of Apr 26. Here is Veritree's employee count trend over the years:

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Top competitors of Veritree include Picarro App, Trane Technologies and Tallgrass. Here is the list of Top 10 competitors of Veritree, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Picarro App 1997, Santa Clara (United States), Series D	Provider of gas concentration and isotope analyzers using cavity ring-down spectroscopy	$56.5M	Focus Ventures, Corner Ventures & 8 others	70/100
2nd	Trane Technologies 1871, Swords (Ireland), Public	Manufacturer of climate control and refrigeration systems	-	-	65/100
3rd	Tallgrass 2012, Lakewood (United States), Acquired	Provider of safe and reliable energy infrastructure solutions	-	Magnetar, Triangle Peak Partners & 6 others	56/100
4th	CECO 1966, Dallas (United States), Public	Provider solutions that protect people, the environment, and industrial equipment	-	American Century Investments	55/100
5th	Acoem 1996, Limonest (France), Funding Raised	Provider of environmental and industrial monitoring solutions for various applications	-	EVOLEM, IDIA Capital Investissement & 1 others	55/100
6th	Syroco 2018, Marseille (France), Series A	Provider of AI-driven maritime voyage optimization software. This software optimizes energy efficiency, fuel consumption, and carbon emissions for ships using multi-objective weather routing and real-time voyage optimization. A digital twin of the ship is used to compute the most efficient route, providing real-time information to the crew via a user-friendly interface and measuring fuel savings. The platform reduces operational costs and helps meet sustainability goals. It uses advanced mathematical models and machine learning to predict ship performance and refine route and speed profiles.	$12.7M	Alter Equity, Seventure Partners & 5 others	54/100
7th	South Pole 2006, Zurich (Switzerland), Seed	Provider of carbon offset solutions	-	Salesforce Ventures, Temasek & 5 others	54/100
8th	Fuel Tech 1987, Warrenville (United States), Public	Developer of air pollution control technologies	-	-	52/100
9th	Valley Air 1990, United States, Funding Raised	Provider of air management services	-	United States Department of Agriculture, U.S. Environmental Protection Agency ... Read more	51/100
10th	Alliance 2000, Decatur (United States), Acquired	Provider of environmental compliance, air monitoring, and consulting services	-	-	51/100
18th	Veritree 2019, Vancouver (Canada), Series A	Provider of forestry research & training and climate services	$6.5M	Pender Ventures, Garage Capital & 4 others	46/100