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 Sep 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.

Where does Veritree rank among its competitors?

Veritree ranks 16th amongst 1064 active competitors, of which 71 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Air Quality Management District, which secured $17.3M in Dec, 2025.

Who are the top competitors of Veritree?

Veritree's top competitors include Trane Technologies, Tallgrass and CECO. Among them, Air Quality Management District secured the most recent funding round in December, 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 1064 active competitors, including 71 funded and 182 that have exited. Its top competitors include companies like Trane Technologies, Tallgrass and CECO.

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

16^th among 1064 active competitors

Employee Count

87 as on Sep 30, 2026

Similar Companies

Trane Technologies & 608 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	2026097	Series A	9876887	1169754	7810211	7577065

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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 Sep 26. Here is Veritree's employee count trend over the years:

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Top competitors of Veritree include Trane Technologies, Tallgrass and CECO. 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	Trane Technologies 1871, Swords (Ireland), Public	Manufacturer of climate control and refrigeration systems	-	-	65/100
2nd	Tallgrass 2012, Lakewood (United States), Acquired	Provider of safe and reliable energy infrastructure solutions	-	Triangle Peak Partners, Magnetar & 6 others	56/100
3rd	CECO 1966, Dallas (United States), Public	Provider solutions that protect people, the environment, and industrial equipment	-	American Century Investments	55/100
4th	Air Quality Management District 1976, United States, Funding Raised	Provider of air management services	-	OSTI, U.S. Environmental Protection Agency	55/100
5th	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
6th	Acoem 1996, Limonest (France), Funding Raised	Provider of environmental and industrial monitoring solutions for various applications	-	IDIA Capital Investissement, IXO & 1 others	54/100
7th	CO280 2022, Vancouver (Canada), Series B	Provider of carbon negative project development services	$23.5M	Carbon Removal Partners, NGP	50/100
8th	Chestnut 2022, New York City (United States), Series B	Provider of carbon removal solutions	$250M	CPP Investments, Kimmeridge & 4 others	49/100
9th	KeyLogic 1999, Mclean (United States), Acquired	Provider of management and technology solutions for energy, federal, defense sectors	-	OSTI	48/100
10th	Fuel Tech 1987, Warrenville (United States), Public	Developer of air pollution control technologies	-	-	48/100
16th	Veritree 2019, Vancouver (Canada), Series A	Provider of forestry research & training and climate services	$6.5M	Pender Ventures, Lyra Growth Partners & 4 others	45/100