About Vertex Energy
Vertex Energy is a company based in Houston (United States) founded in 2001.. Vertex Energy has raised $4.49 million across 6 funding rounds. The company has 497 employees as of February 28, 2023. Vertex Energy operates in a competitive market with competitors including Covanta, Lakeshore Recycling, CMC, Coastal Waste & Recycling and TerraCycle, among others.
- Headquarter Houston, United States
- Employees 497 as on 28 Feb, 2023
- Stage Public
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Sectors
Environment
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Phone
*********
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Website
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Social
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- Legal Name Vertex Energy Inc.
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Annual Revenue
$3.18 B14as on Dec 31, 2023
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Net Profit
$-71.49 M-3680as on Dec 31, 2023
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EBITDA
$-1.6 M-103as on Dec 31, 2023
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Total Equity Funding
$4.49 M (USD)
in 6 rounds
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Latest Funding Round
$19.35 M (USD), Post-IPO
May 10, 2016
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Investors
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Employee Count
497
as on Feb 28, 2023
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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 Total Funding
- Total Rounds 6
- Last Round Post-IPO — $19.3M
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First Round
First Round
(01 Sep 2004)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Post-IPO - Vertex Energy | Valuation |
investors |
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| Jun, 2015 | Amount | Post-IPO - Vertex Energy | Valuation |
investors |
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| Jun, 2014 | Amount | Post-IPO - Vertex Energy | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Vertex 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 - Vertex Energy
| 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 |
Vertex Energy Comparisons
Competitors of Vertex Energy
Vertex 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 Covanta, Lakeshore Recycling, CMC, Coastal Waste & Recycling and TerraCycle, 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 waste recycling services
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| domain | founded_year | HQ Location |
Waste recycling services are provided across the United States.
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| domain | founded_year | HQ Location |
CMC is engaged in metal recycling and steel production.
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| domain | founded_year | HQ Location |
Solid waste disposal and recycling services are provided.
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| domain | founded_year | HQ Location |
Waste recycling services for hard-to-recycle plastics are provided.
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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 Vertex Energy
Frequently Asked Questions about Vertex Energy
When was Vertex Energy founded?
Vertex Energy was founded in 2001 and raised its 1st funding round 3 years after it was founded.
Where is Vertex Energy located?
Vertex Energy is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of Vertex Energy?
Benjamin Cowart is the current CEO of Vertex Energy.
Is Vertex Energy a funded company?
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 Post-IPO of $17.05M, raised on Sep 01, 2004.
How many employees does Vertex Energy have?
As of Feb 28, 2023, the latest employee count at Vertex Energy is 497.
What is the annual revenue of Vertex Energy?
Annual revenue of Vertex Energy is $3.18B as on Dec 31, 2023.
What does Vertex Energy do?
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.
Who are the top competitors of Vertex Energy?
Vertex Energy's top competitors include Covanta, Coastal Waste & Recycling and Lakeshore Recycling.
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