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 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.
Validere'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 acts as the data layer for multiple environmental tracking initiatives, including a tokenization of voluntary carbon credits generated from a Carbon Capture, Utilization and Storage (CCUS) project that was transacted on blockchain.
Validere is backed by Wing VC, Greylock Partners, Mercuria Energy, Sustainable Development Technology Canada, Sallyport Investments, Nova Fleet, Pioneer Fund, Natural Gas Innovation Fund, and others. The company raised $43M (CAD 55M) in Series B round on Mar 15, 2022. This brings Validere's total funding to $68.2M to date.