What does veritree do?
Veritree provides a platform that captures verified, site-level data from nature restoration projects, transforming this data into comprehensive reporting using its proprietary Smart Forest Design™.
How much did they raise?
The company raised $6.5M in its Series A round, led by Pender Ventures with participation from Garage Capital, Northside Ventures, and Diagram.
What are their plans for the money?
The funds will be used to rollout AI monitoring and analysis features, test and deploy the platform in new ecosystems in South America and Asia, accelerate go-to-market strategies, and build additional integrations to enhance auditing, monitoring, and platform accessibility.
What have they achieved so far?
Since 2023, veritree has pledged 100 million trees and now works with nearly 300 companies, underscoring its progress in embedding verified nature restoration into business models.
