Verold

InternetSeries BToronto, Canadaverold.com

Latest round

Series B

Last raised

Aug 2014

Total raised

$1.6M

Investors

2

About Verold

Founded in 2010 in Toronto, Canada, Verold provides consulting services for sustainable lifestyle improvements. The company has undergone no significant pivots or changes in operations since its inception. Petur Olafsson, the founder, has been instrumental in steering its direction.Verold specializes in a distinctive range of services aimed at enhancing lifestyles through sustainable practices. The company offers eco-conscious solutions that include consultations on integrating sustainable practices into daily life and transforming underutilized spaces, such as turning conservatories into functional areas like recording studios. Their primary customers consist of homeowners, interior design enthusiasts, and individuals focused on improving their living spaces while maintaining ecological responsibility.Verold generates revenue through a combination of direct-to-consumer sales and B2B partnerships, primarily structured around service fees for consultations and project management in home transformations. The engagement process involves initial assessments, project planning, and execution tailored to individual client needs. The company also employs a subscription model for ongoing consultations and maintenance to foster long-term client relationships, particularly in eco-friendly renovations and lifestyle enhancements, priced competitively to attract a wide demographic.Verold aims to expand its offerings with new products designed for sustainable living, though specific launch dates have not been disclosed. Plans are underway to penetrate new markets, particularly in Europe and specific urban centers in North America by the end of 2025.60 mn will support these initiatives, focusing on enhancing their service capabilities and expanding their market reach.

Who invested in Verold

2 investors across 1 round

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Funding rounds

  1. Series B

    Aug 13, 2014

    Amount

    $1.6M

    Investors

    Locked

Questions about Verold

Who invested in Verold?

Verold has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Verold raised?

Verold has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Verold last raise money?

Verold's most recent round on record is a Series B, in Aug 2014.

What does Verold do?

Founded in 2010 in Toronto, Canada, Verold provides consulting services for sustainable lifestyle improvements.

Where is Verold headquartered?

Verold is headquartered in Toronto, Canada.

Which VCs invest in companies like Verold?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Verold's stage. Their profiles are linked below.

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