When was Vertis founded?

Vertis was founded in 2001 and raised its 1st funding round 9 years after it was founded.

Where is Vertis located?

Vertis is headquartered in Budapest, Hungary.

How many employees does Vertis have?

As of Jul 31, 2026, the latest employee count at Vertis is 95.

Is Vertis a funded company?

Vertis is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Dec 20, 2010.

When was the latest funding round of Vertis?

Vertis' latest funding was a $***** Conventional Debt round on Dec 20, 2010, with participation from 2 investors.

Where does Vertis rank among its competitors?

Vertis ranks 1st amongst 14 active competitors, none of which are funded.

Who are the top competitors of Vertis?

Vertis' top competitors include CMC, EU-SOLAR and Enerhash. Among them, CoreComm SI secured the most recent funding round in August, 2019.

Vertis - 2026 Company Profile, Funding & Competitors

Vertis is an acquired company based in Budapest (Hungary), founded in 2001. It operates as a Provides finance services for electricity transmission & distribution company. Vertis has raised $100M in funding. The company has 14 active competitors, including 1 that has exited. Its top competitors include companies like CMC, EU-SOLAR and Enerhash.

Company Details

Website: vertis.com
Social
Email ID: *****@vertis.com
Phone Number: +36 **********

Key Metrics

Founded Year

2001

Location

Budapest, Hungary

Stage

Acquired

Total Funding

$100M in 2 rounds

Latest Funding Round

Conventional Debt, Dec 20, 2010, $*****

Investors

Morgan Stanley & 1 more

Ranked

1^st among 14 active competitors

Employee Count

95 as on Jul 31, 2026

Similar Companies

Solfin & 404 more

Exit Details

Acquired by Quad (Oct 10, 2012)

View Vertis' full profile

Vertis got acquired by Quad on Oct 10, 2012.

Click here to take a look at Vertis's acquisition in detail

Vertis has raised a total funding of $100M over 2 rounds. Its first funding round was on Dec 20, 2010. Its latest funding round was a Conventional Debt round on Dec 20, 2010 for $*****. 2 investors participated in its latest round. Vertis has 2 institutional investors.

Here is the list of recent funding rounds of Vertis:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2010	6902359	Conventional Debt	5480632	3122195	7870340	6218585
Dec 20, 2010	4776007	PE	4576244	2447886	6197293	1615489

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View details of Vertis's funding rounds and investors

Vertis' employee count trend

Vertis has 95 employees as of Jul 26. Here is Vertis's employee count trend over the years:

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Top competitors of Vertis include CMC, EU-SOLAR and Enerhash. Here is the list of Top 10 competitors of Vertis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vertis 2001, Budapest (Hungary), Acquired	Provides finance services for electricity transmission & distribution company	$100M	Morgan Stanley, GE Capital	43/100
2nd	CMC 2019, Budapest (Hungary), Unfunded	Provider of clean energy pipeline with advanced development stages in several countries	-	-	36/100
3rd	EU-SOLAR 2012, Pecs (Hungary), Unfunded	Company that designs, constructs, and trades solar systems, providing a range of photovoltaic and thermal solutions for residential and commercial clients	-	-	22/100
4th	Enerhash 2018, Budapest (Hungary), Funding Raised	Provider of power plant production and balance the grid that is financially attractive solution for energy companies	-	Elektron Invest	21/100
5th	NAP Nyrt 2020, Hungary, Unfunded	Company focused on producing renewable energy through the acquisition and operation of solar power plants, aiming to become a highly efficient player in the renewable energy sector	-	-	20/100
6th	SolarKonstrukt 2010, Szeged (Hungary), Unfunded	Specializes in designing and implementing sustainable energy solutions, including solar panels, heat pumps, and insulation systems	-	-	20/100
7th	CoreComm SI 2000, Veszprem (Hungary), Funding Raised	Provider of electric power supply switching and measuring technology, as well as solar distribution and manufacturing	-	Europa	19/100
8th	Green-on Budapest (Hungary), Funding Raised	Investment and development company in renewable energy, financing, and cost-effective renewable projects	-	TimeToAct Capital	17/100
9th	CET Hungary 2022, Budapest (Hungary), Unfunded	Provider of solar renewable energy services	-	-	16/100
10th	STM Nyiregyhaza (Hungary), Unfunded	Provider of solar installation services	-	-	16/100