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Validere Raises $15M USD Series A Funding led by Wing VC to Accelerate Supply Chain Efficiencies in the Energy Industry

Mar 12, 2020•over 5 years ago

Amount Raised

$15 Million

Round Type

series a

Description

Validere, a leading informatics platform that enables energy companies to realize efficiencies through real-time product quality insights, announced the closing of its US $15 million USD ($20,551,275 CAN) Series A funding round led by Wing VC, with participation from Greylock Partners and Sallyport Investments.

Company Information

Company

Validere

About

Validere is a leading data and analytics SaaS provider that is digitally transforming the world’s largest supply chain to be more sustainable and efficient. Our Product Data Cloud enables energy companies to aggregate all commodity inventory data into a complete, accurate, and auditable repository that allows them to create a real-time digital fingerprint of the molecule. Using this single-source-of-trust and our digital infrastructure models, energy professionals across operations, commercial, and ESG functions can quickly make data-driven decisions daily. By partnering with us, business leaders leverage our unique datasets and our experts in data science, physical science, and oil and gas to create a company-wide value engine. As a result, more than 40 of North America’s leading energy companies now realize the total value of their commodities through higher commercial margins, reduced operational costs and risks, and meaningful ESG progress.

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