When was Vertical Exploration founded?

Vertical Exploration was founded in 2006 and raised its 1st funding round 15 years after it was founded.

Where is Vertical Exploration located?

Vertical Exploration is headquartered in Vancouver, Canada.

How many employees does Vertical Exploration have?

As of Dec 31, 2024, the latest employee count at Vertical Exploration is 2.

Is Vertical Exploration a funded company?

Vertical Exploration is a funded company, having raised an undisclosed amount across 3 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Dec 21, 2021.

When was the latest funding round of Vertical Exploration?

Vertical Exploration's latest funding was a $***** Post IPO round on Apr 24, 2025, with participation from 0 investor. Its primary sector is Mining Companies. In Canada, the Mining Companies sector has seen $1.83B in funding in 2026 to date.

Where does Vertical Exploration rank among its competitors?

Vertical Exploration ranks 378th amongst 2013 active competitors, of which 49 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SilverCrest Metals, which secured $54.8K in Jul, 2025.

Who are the top competitors of Vertical Exploration?

Vertical Exploration's top competitors include Glencore, Energy Fuels and Newmont. Among them, SilverCrest Metals secured the most recent funding round in July, 2025.

Vertical Exploration - 2026 Company Profile, Funding & Competitors

Company Details

Website: vertxinc.com
Social
Email ID: *****@vertxinc.com

Key Metrics

Founded Year

2006

Location

Vancouver, Canada

Stage

Public

Latest Funding Round

Post IPO, Apr 24, 2025, $*****

Ranked

378^th among 2013 active competitors

Employee Count

2 as on Dec 31, 2024

Similar Companies

Glencore & 2096 more

Exit Details

Public

View Vertical Exploration's full profile

Vertical Exploration got listed on Jun 09, 2017.

Click here to take a look at Vertical Exploration's IPO in detail

Vertical Exploration has raised funding over 3 rounds. Its first funding round was on Dec 21, 2021.

Here is the list of recent funding rounds of Vertical Exploration:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 24, 2025	8112599	Post IPO	7399513	8801165	2955405	9570512
Dec 13, 2023	7077647	Post IPO	3626781	7574695	8311454	8193392
Dec 21, 2021	1038755	Post IPO	2631296	4716936	2369555	2561043

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View details of Vertical Exploration's funding rounds and investors

Vertical Exploration's employee count trend

Vertical Exploration has 2 employees as of Dec 24. Here is Vertical Exploration's employee count trend over the years:

Employee count trend for Vertical Exploration

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Top competitors of Vertical Exploration include Glencore, Energy Fuels and Newmont. Here is the list of Top 10 competitors of Vertical Exploration, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Glencore 1974, Baar (Switzerland), Public	Producer and supplier of metals and minerals	$2.2B	First Reserve, Bank of China & 6 others	71/100
2nd	Energy Fuels 2006, Lakewood (United States), Public	Producer of uranium & vanadium exploration and development services	-	DOE, Commonwealth & 2 others	66/100
3rd	Newmont 1916, Greenwood Village (United States), Public	Provider of gold mining and exploration services	-	Poku Capital	66/100
4th	Coeur 1928, Chicago (United States), Public	Provider of precious metals exploration services	-	-	62/100
5th	Agnico Eagle 1957, Toronto (Canada), Public	Provider of gold exploration and development services	-	Castle Investment Management, Elysee Development ... & 1 others	62/100
6th	Anglo American 1917, London (United Kingdom), Acquired	Provider of precious metals exploration & development services	-	Vale, ngn-capital.com & 4 others	61/100
7th	SilverCrest Metals 1973, Vancouver (Canada), Acquired	Previous metals exploration company	$12.1M	SSR Mining, National Bank Financial Wealth Management ... & 3 others	60/100
8th	Thriveni 1991, Salem (India), Acquired	Diversified miner investing in mineral beneficiation and metal manufacturing	$98.2M	Samara Capital, Aryan Mining and Trading Corporation ... & 3 others	60/100
9th	Skeena Resources 1979, Vancouver (Canada), Public	Canadian mining exploration company focused on developing prospective precious and base metal properties	-	Franco-Nevada, Deutsche Balaton & 3 others	60/100
10th	Rio Tinto 1873, London (United Kingdom), Public	Manufacturer of aluminium, iron ore, lithium, and other metals & alloys	-	Umbono, Greyrock Investments & 10 others	58/100
378th	Vertical Exploration 2006, Vancouver (Canada), Public	Provider of white mineral mining services	-	-	38/100