About Project Verte
Project Verte is a company based in Mcdonough (United States) founded in 2017.. Project Verte has raised $62 million across 2 funding rounds from investors including Continental Ventures, Jane Gol and Amir Chaluts. The company has 89 employees as of December 31, 2021. Project Verte offers products and services including Verte Fulfillment Hub, Robotic Picking System, and Two-Day Shipping. Project Verte operates in a competitive market with competitors including Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.
- Headquarter Mcdonough, United States
- Employees 89 as on 31 Dec, 2021
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Project Verte Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Apr 22, 2019
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Investors
Continental Ventures
& 2 more
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Employee Count
89
as on Dec 31, 2021
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Products & Services of Project Verte
Project Verte offers a comprehensive portfolio of products and services, including Verte Fulfillment Hub, Robotic Picking System, and Two-Day Shipping. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
All-in-one platform for warehouse connections and order management.
High-accuracy system to increase efficiency and reduce returns in warehouses.
Fast delivery option to minimize cart abandonment and boost customer satisfaction.
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Leadership Team
4 people
COO Team
1 people
Product Management Team
1 people
Unknown Team
1 people
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Funding Insights of Project Verte
Project Verte has successfully raised a total of $62M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(06 Dec 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series A - Project Verte | Valuation |
investors |
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| Dec, 2018 | Amount | Angel Round - Project Verte | Valuation | Jane Gol , Amir Chaluts |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Project Verte
Project Verte has secured backing from 3 investors, including institutional and angel investors. Prominent investors backing the company include Continental Ventures, Jane Gol and Amir Chaluts. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provides real-estate development, ownership, management, and private equity lending services.
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Founded Year | Domain | Location | |
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JG
Jane Gol |
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Founded Year | Domain | Location |
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AC
Amir Chaluts |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Project Verte
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Project Verte
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Project Verte Comparisons
Competitors of Project Verte
Project Verte operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce retailers and marketplaces.
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| domain | founded_year | HQ Location |
Cloud-based e-commerce solutions for marketplace businesses are provided.
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| domain | founded_year | HQ Location |
Online B2B marketplace for grocery products and services is operated.
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| domain | founded_year | HQ Location |
Technology is provided to enable auction-based secondary goods marketplaces.
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| domain | founded_year | HQ Location |
Solutions for marketplace platforms are provided to businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Project Verte
Frequently Asked Questions about Project Verte
When was Project Verte founded?
Project Verte was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Project Verte located?
Project Verte is headquartered in Mcdonough, United States. It is registered at Mcdonough, Georgia, United States.
Is Project Verte a funded company?
Project Verte is a funded company, having raised a total of $62M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $50M, raised on Dec 06, 2018.
How many employees does Project Verte have?
As of Dec 31, 2021, the latest employee count at Project Verte is 89.
What does Project Verte do?
Project Verte was founded in 2017 in McDonough, United States, within the e-commerce sector. A digital commerce solution is offered to handle backend operations, utilizing a network of tech-enabled warehouses, management software, and AI-driven inventory tracking. Orders are fulfilled across B2B, B2C, and dropshipping channels. Inventory management and intelligence features are included, with solutions delivered on a subscription basis.
Who are the top competitors of Project Verte?
What products or services does Project Verte offer?
Project Verte offers Verte Fulfillment Hub, Robotic Picking System, and Two-Day Shipping.
Who are Project Verte's investors?
Project Verte has 3 investors. Key investors include Continental Ventures, Jane Gol, and Amir Chaluts.
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