Mangrove Systems
Latest round
- Series A
Last raised
- Jul 2006
Total raised
- $34M
Investors
- 5
About Mangrove Systems
Mangrove Systems Inc.Founded in 2002, Mangrove Systems Inc. specializes in carbon measurement solutions. The company is headquartered in Wallingford, US. The founders, Brandon Vlaar and Evan Little, have been instrumental in the company's journey. Mangrove Systems was acquired by Carrier Access Corporation in March 2007 for USD 8 mn, marking a significant transition in its business strategy.Mangrove Systems specializes in digital Measurement, Reporting, and Verification (MRV) solutions designed to enhance carbon project development. Their core offerings focus on tracking and quantifying carbon dioxide equivalent (CO2e) emissions, with over 5 million tonnes monitored to date. The company provides a robust ecosystem of partnerships with leading technology and instrumentation firms, facilitating streamlined processes from molecular tracking to market readiness.Mangrove Systems generates revenue through strategic partnerships and subscription-based models tailored to clients engaged in carbon offset projects. The company engages in B2B transactions, providing its technology and services to enterprises focused on sustainability efforts. Clients access Mangrove’s tools through structured agreements that enable them to monitor and report their carbon emissions accurately. The company plans to introduce new features and functionalities to its MRV solutions, positioning itself for a broader market reach. Specific geographic expansions are anticipated, particularly targeting new markets in Europe and Asia by 2008, aligning with the growing global emphasis on carbon management and sustainability initiatives.
Who invested in Mangrove Systems
5 investors across 2 rounds
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Questions about Mangrove Systems
Who invested in Mangrove Systems?
Mangrove Systems has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Mangrove Systems raised?
Mangrove Systems has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Mangrove Systems last raise money?
Mangrove Systems's most recent round on record is a Series A, in Jul 2006.
What does Mangrove Systems do?
Mangrove Systems is a marketing/advertising company.
Where is Mangrove Systems headquartered?
Mangrove Systems is headquartered in Wallingford, US.
Which VCs invest in companies like Mangrove Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Mangrove Systems's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series A
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