VEIR

United States Founded: 2019 • Age: 7 yrs
Non-renewable energy power projects are developed by VEIR.

About VEIR

VEIR is a company based in United States founded in 2019.. VEIR has raised $110.87 million across 3 funding rounds from investors including Microsoft, Munich Re and Tyche Partners.

  • Headquarter United States
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $110.87 M (USD)

    in 3 rounds

  • Latest Funding Round
    $75 M (USD), Series B

    Jan 28, 2025

  • Investors
    Microsoft

    & 13 more

  • Employee Count
    Employee Count
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People of VEIR
Headcount 10-50
Employee Profiles 15
Employee Profiles
People
Jillian Stern
Mechancial Engineer, HTS Systems Engineering
People
Franco Moriconi
VP of Technology & Engineering
People
Tim Heidel
Chief Executive Officer
People
James Lohan
Senior Cryogenic Fluid Systems Engineer & Head Of Nitrogen Systems

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Funding Insights of VEIR

VEIR has successfully raised a total of $110.87M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $75 million completed in January 2025. 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 Rounds 3
  • Last Round Series B — $75.0M
  • First Round

    (04 Mar 2021)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2025 Amount Series B - VEIR Valuation Munich Re
Jul, 2023 Amount Series A - VEIR Valuation Fine Structure Ventures , Galvanize Climate Solutions
Mar, 2021 Amount Series A - VEIR Valuation Breakthrough Energy
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in VEIR

VEIR has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Munich Re and Tyche Partners. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage hardware sector investments are made by Tyche Partners.
Founded Year Domain Location
Piva Capital is focused on investing in industrial technologies.
Founded Year Domain Location
Venture capital investments are directed toward technology companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by VEIR

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - VEIR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veir Comparisons

Employees
+
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Competitors of VEIR

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veir

Frequently Asked Questions about VEIR

When was VEIR founded?

VEIR was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is VEIR located?

VEIR is headquartered in United States.

Is VEIR a funded company?

VEIR is a funded company, having raised a total of $110.87M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.97M, raised on Mar 04, 2021.

What does VEIR do?

VEIR was founded in 2019 and is headquartered in the United States. Non-renewable energy sources are utilized by the company for the development of power projects. Operations center on engineering, construction, and management of energy infrastructure. Services include project financing and regulatory compliance support within the energy sector. Focus remains on traditional fuel-based generation to meet regional power demands.

Who are VEIR's investors?

VEIR has 14 investors. Key investors include Microsoft, Munich Re, Tyche Partners, Piva Capital, and National Grid Partners.

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