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Veritree
Linking verified tree planting initiatives with businesses to aid in the restoration of our planet
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | May 2025 | $6.7M | $27M | Diagram · Garage Capital · Northside Ventures · Pender Ventures | ↗ |
| OtherOther financing | Jan 2024 | $0 | — | Broad Street Bulls | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
- TCtentree CA®
Other known investors1 additional known investor
Lyra Growth Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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