About Verb Energy
Verb Energy is a company based in New York (United States) founded in 2016 by Bennett Byerley, Andre Monteiro, and Matt Czarnecki. It operates as a D2C. Verb Energy has raised $4.52 million across 5 funding rounds from investors including Yale University, FJ Labs and Kevin Ryan. The company has 21 employees as of December 31, 2022. Verb Energy offers products and services including Verb Energy Bars. Verb Energy operates in a competitive market with competitors including Lil Bucks, Zing Bars, Bonk Breaker, Phyter and Tend Prenatal, among others.
- Headquarter New York, United States
- Employees 21 as on 31 Dec, 2022
- Founders Bennett Byerley, Andre Monteiro, Matt Czarnecki
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Sectors
ConsumerRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Verb Energy, 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
$4.52 M (USD)
in 5 rounds
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Latest Funding Round
$3.5 M (USD), Seed
Jul 29, 2019
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Investors
Yale University
& 10 more
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Employee Count
21
as on Dec 31, 2022
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Products & Services of Verb Energy
Verb Energy offers a comprehensive portfolio of products and services, including Verb Energy Bars. 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.
Caffeinated bars using organic green tea for jitter-free energy and focus.
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Funding Insights of Verb Energy
Verb Energy has successfully raised a total of $4.52M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 million completed in July 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 5
- Last Round Seed — $3.5M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Seed - Verb Energy | Valuation | Global Founders Capital | |
| Jun, 2019 | Amount | Grant - Verb Energy | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Verb Energy | Valuation | Dorm Room Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Verb Energy
Verb Energy has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Yale University, FJ Labs and Kevin Ryan. 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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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage startups
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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 Verb Energy
| 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 - Verb Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Verb Energy Comparisons
Competitors of Verb Energy
Verb Energy 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 Lil Bucks, Zing Bars, Bonk Breaker, Phyter and Tend Prenatal, 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 |
Internet first brand offering buckwheat energy bars
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| domain | founded_year | HQ Location |
Towing systems and suspension components for RVs are manufactured.
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| domain | founded_year | HQ Location |
Health snacks and hydration drink mixes are manufactured and marketed.
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| domain | founded_year | HQ Location |
Energy snack bars are manufactured from unprocessed fruits and vegetables.
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| domain | founded_year | HQ Location |
Prenatal nutrition foods are provided via an online brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Verb Energy
Frequently Asked Questions about Verb Energy
When was Verb Energy founded?
Verb Energy was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Verb Energy located?
Verb Energy is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Verb Energy?
Matt Czarnecki is the current CEO of Verb Energy. They have also founded this company.
Is Verb Energy a funded company?
Verb Energy is a funded company, having raised a total of $4.52M across 5 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2017.
How many employees does Verb Energy have?
As of Dec 31, 2022, the latest employee count at Verb Energy is 21.
What does Verb Energy do?
Verb produces pocket-sized caffeinated energy bars powered by organic green tea, offering a sustainable alternative to coffee and sugary drinks. These bars are designed for scenarios like afternoon slumps, pre-workouts, and travel, providing focused energy without jitters. The company sells directly to consumers through online bundles and focuses on health-oriented snacks for everyday users, with no specific location mentioned in available details.
Who are the top competitors of Verb Energy?
Verb Energy's top competitors include Lil Bucks, Bonk Breaker and Zing Bars.
What products or services does Verb Energy offer?
Verb Energy offers Verb Energy Bars.
Who are Verb Energy's investors?
Verb Energy has 11 investors. Key investors include Yale University, FJ Labs, Kevin Ryan, Great Oaks, and Melitas Ventures.