About Vertex Energy
Vertex Energy is a publicly listed company based in Houston (United States) founded in 2001. Waste recycling services in the oil industry are provided. Vertex Energy has raised $4.49 million across 6 funding rounds. The company has 497 employees. Its chief executive, as recorded, is Benjamin Cowart. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling. Its legal entity is VERTEX ENERGY INC. Its competitors include Covanta, Lakeshore Recycling and CMC; 1 of its 3 listed competitors has raised funding.
Company details
Vertex Energy was founded in 2001 and is headquartered in Houston, United States. Waste recycling services for the oil industry are offered by the company. Industrial waste from oil-related activities is processed and recycled through its operations. The energy sector is served, with emphasis placed on resource recovery and environmental compliance. Leadership is provided by Benjamin Cowart as Chairman and CEO.
- Headquarters Houston, United States
- Employees 497
- Stage Public
- SectorsEnvironment
- Website vertexenergy.com
- Social LinkedIn
- Legal Name Vertex Energy Inc.
- Annual Revenue$3.18 B (USD)14as on Dec 31, 2023
- Net Profit-$71.49 M (USD)-3680as on Dec 31, 2023
- EBITDA-$1.6 M (USD)-103as on Dec 31, 2023
- Total Equity Funding$4.49M (USD)
in 6 rounds
- Latest Funding Round$19.35M (USD), Post-IPO
May 2016
- Employee Count497
Funding Insights of Vertex Energy
Vertex Energy has successfully raised a total of $4.49M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $19.35 million completed in May 2016. 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 $4.49M
- Total Rounds 6
- Last Round Post-IPO — $19.35M
- First Round $4.49M
(Sep 2004)
All 6 funding rounds of Vertex Energy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2016 | $19.35M | Post-IPO | – | – | – |
| Jun 2015 | $25M | Post-IPO | – | – | – |
| Jun 2014 | $17.05M | Post-IPO | – | – | – |
| Sep 2012 | $7.5M | Post-IPO | – | – | – |
| Jul 2005 | $10.19M | Post-IPO | – | – | – |
| Sep 2004 | $4.49M | Series A | – | – | – |
People of Vertex Energy
39 people are tracked at Vertex Energy (9 in leadership, 5 in board & advisors, 25 in team); the tracked headcount is 497.
| Name | Role | Group |
|---|---|---|
Benjamin Cowart | Chairman & CEO | Leadership |
Chris Carlson | CFO | Leadership |
Erica Snedegar | VP, Business Development | Leadership |
Alvaro Ruiz | Chief Strategy Officer | Leadership |
Bart Rice | Executive Vice President | Leadership |
John Strickland | VP, Black Oil Operations | Leadership |
Cameron Williams | Chief Information Officer | Leadership |
Wes Mock | President Of Refining & Marketing | Leadership |
Ashley Wallace | VP Of HR & Organizational Effectiveness | Leadership |
Chris Stratton | Director | Board & advisors |
Dan Borgen | Director | Board & advisors |
Timothy C. Harvey | Director | Board & advisors |
David L. Phillips | Director | Board & advisors |
James P. Gregory | Director | Board & advisors |
Milton Clark | Process Technician | Team |
Kevin Jerich | Refined Products & Trading | Team |
Beau Stallings | Business Opportunity Manager | Team |
Marti Wright | Human Resources Manager | Team |
Mark Matus | Corporate Lab Manager | Team |
Tabatha Baker | Finance Manager | Team |
19 more people are available in the full profile.
Complete people profiles for Vertex Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Vertex Energy
4 dated milestones of Vertex Energy across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Vertex Energy is founded.
- Funding First funding round of $4.5M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $19.3M.
Competitors of Vertex Energy
Vertex Energy has 3 listed competitors in our database, 1 of them funded. They include Covanta, Lakeshore Recycling and CMC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| covanta.com | 1983 | Morristown, United States | Provider of waste recycling services | |||
| lrsrecycles.com | 1999 | Oconomowoc, United States | $4.5M | Waste recycling services are provided across the United States. | ||
| cmc.com | 1915 | Irving, United States | 13,022 | CMC is engaged in metal recycling and steel production. |
Detailed competitors of Vertex Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vertex Energy
The website of Vertex Energy (vertexenergy.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 8.5% vs previous month
Websites whose visitors overlap most with Vertex Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bcsea.org | bcsea.org | 100% | #5,096,601 | – | |
| claverton-energy.com | 100% | #8,243,056 | View details | ||
rechargenews.com | rechargenews.com | 99% | #230,977 | – | |
blog.txu.com | blog.txu.com | 99% | – |
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Vertex Energy (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | USD 16.59 B | 42,000 | ||
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | 102 |
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Related news about Vertex Energy
Complete news archive for Vertex Energy
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Frequently Asked Questions about Vertex Energy
Vertex Energy was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Vertex Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Benjamin Cowart is the CEO of Vertex Energy, as recorded in our data.
Vertex Energy is a funded company, having raised a total of $4.49M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4.49M, raised on Sep 2004.
Vertex Energy has 497 employees.
Annual revenue of Vertex Energy is $3.18B as on Dec 31, 2023.
Vertex Energy was founded in 2001 and is headquartered in Houston, United States. Waste recycling services for the oil industry are offered by the company. Industrial waste from oil-related activities is processed and recycled through its operations. The energy sector is served, with emphasis placed on resource recovery and environmental compliance. Leadership is provided by Benjamin Cowart as Chairman and CEO.
Vertex Energy's top competitors include Covanta, Lakeshore Recycling and CMC.
Vertex Energy operates through Vertex Energy Inc..