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Veritree

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Linking verified tree planting initiatives with businesses to aid in the restoration of our planet

Vancouver, CanadaFounded 2021Energy
Valuation $25–50M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Veritree and the history behind them.

About Veritree

Veritree is a technology-driven startup that operates in the environmental sustainability sector. The company primarily serves restorative businesses, which are companies that actively work towards restoring the environment. Veritree has successfully partnered with over 5,000 such businesses, providing them with a platform to centralize their environmental impact initiatives.

The company's business model revolves around offering a diverse portfolio of nature, carbon, and biodiversity projects. These projects aim to restore the planet and are offered to businesses looking to invest in environmental sustainability. Veritree has partnered with leading tree planting organizations worldwide, offering a suite of global projects to its clients.

Veritree's technology provides ground-level visibility into these projects, allowing businesses to track and measure their impact. This dedicated impact hub simplifies the process of investing in the planet, making it easier for businesses to contribute to environmental restoration efforts.

The company generates revenue by facilitating these investments. Businesses pay Veritree to access its portfolio of projects and use its technology platform. In return, they receive a simple and effective way to invest in environmental sustainability and demonstrate their commitment to restoring the planet.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Vancouver, Canada
Employees
94
Open positions
12
Dealroom signal
88.3/100
Sub-industry
Waste Solution
Sector
Energy, Forestry, Sustainable Development Goals, Carbon Tracking & Offset, Biodiversity, Climate Tech, Climate Fintech, NBS, B Corp, Nature Fintech
Technology
Blockchain
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC May 2025 $6.7M $27M Diagram · Garage Capital · Northside Ventures · Pender Ventures ↗
OtherOther financing Jan 2024 $0 — Broad Street Bulls ↗
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

Veritree website traffic

Latest recorded traffic for Veritree is 28K monthly website visits, down 20% over the last three months. Veritree's team grew 14.6% over the past year.

Latest monthly visits28K 3-month web change-20% 1-year team growth+14.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A5 investors entered at this stage

  • Garage Capital
  • Broad Street Bulls
  • Pender Ventures
  • Diagram
  • Northside Ventures

Series B and later1 investor entered at this stage

  • tentree CA®

Other known investors1 additional known investor

  • Lyra Growth Partners
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇨🇦 Canada93.7%
🇺🇸 United States3.8%
🇺🇾 Uruguay1.3%
🇬🇧 United Kingdom1.3%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Veritree on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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