Validere

Validere is a leading informatics platform that enables energy companies to realize efficiencies through real-time product quality insights.

Validere is creating a system of record for product quality in oil and gas, much as Salesforce did for sales and Workday for HR.

Validere was founded in 2015 by Ian Burgess and Nouman Ahmad. The company is headquartered in Calgary, Alberta, with offices in Toronto, Ontario and Houston, Texas.

 

Validere delivers the most advanced quality intelligence for O&G companies to know true product quality in real-time and optimize logistics and trading. Active deployments across leading producers and midstream organizations are yielding significant cost savings and revenue enhancements.

 

Validere flagship product include, Validere 360 (IoT platform), it empowers oil and gas organizations across the supply chain to know their product’s true quality with the highest degree of confidence. The company's other product, Validere Edge analyzes product quality, logistical costs, and real-time market pricing to match companies with optimal buying and selling partners for large arbitrage opportunities.

 

Validere is backed by Wing VC, Greylock Partners, Sallyport Investments and others. The company raised $15M in a Series A round on Mar 12, 2020. This brings Validre's total funding to $22M to date.

 

 

  • Year founded: 2015
  • Funding Info: $22M over 2 Rounds (Latest Funding Type: Series A)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Calgary
  • State: Alberta
  • Country: Canada
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