Veresen

Calgary, Canada Founded: 2010 • Age: 16 yrs Acquired By Pembina Pipeline Corporation
Natural gas transmission operations are managed by Veresen in Canada.
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About Veresen

Veresen is a company based in Calgary (Canada) founded in 2010 was acquired by Pembina Pipeline Corporation in May 2017.. Veresen operates in a competitive market with competitors including ADNOC, NOVATEK, OMV Petrom, CNX Resources and Lucid Energy, among others.

  • Headquarter Calgary, Canada
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
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Funding Insights of Veresen

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $261.1M
  • First Round

    (01 Nov 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2016 Amount Debt – Conventional - Veresen Valuation

investors

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 Veresen

Veresen has secured backing from 1 investor. Prominent investors backing the company include Pembina Pipeline Corporation. 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
Investor Description Founded Year Domain Location
Oil and gas transportation pipelines are operated across Canada.
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 Veresen

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 - Veresen

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

Veresen Comparisons

Employees
+
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Competitors of Veresen

Veresen 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 ADNOC, NOVATEK, OMV Petrom, CNX Resources and Lucid Energy, 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
Provider of natural gas & oil distributor, processing, and refining services
domain founded_year HQ Location
Oil and gas exploration, production, and services are provided.
domain founded_year HQ Location
Oil and gas exploration and refining services are provided.
domain founded_year HQ Location
Provider of natural gas exploration, production, and transmission services
domain founded_year HQ Location
Natural gas is gathered, processed, and transported by Lucid Energy.
domain founded_year HQ Location
Provides crude oil and natural gas exploration and processing services.
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 Veresen

Frequently Asked Questions about Veresen

When was Veresen founded?

Veresen was founded in 2010 and raised its 1st funding round 6 years after it was founded.

Where is Veresen located?

Veresen is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.

What does Veresen do?

Veresen was founded in 2010 and is headquartered in Calgary, Canada. The company operates within the energy sector, focusing on natural gas transmission. Pipelines and related infrastructure are maintained to facilitate the transport of natural gas across designated networks. Services encompass pipeline management and energy flow regulation. Geographic operations are centered in Canada, supporting regional distribution needs.

Who are the top competitors of Veresen?

Veresen's top competitors include ADNOC, NOVATEK and OMV Petrom.

Who are Veresen's investors?

Veresen has 1 investor. Key investors include Pembina Pipeline Corporation.

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