# VerTerra

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/verterra

- Industry: Consumer Products
- Headquarters: New York, US
- Website: www.verterra.com
- Total disclosed funding: $0.1M
- Latest round: Seed (May 1, 2007)
- Investors on record: 1

## About

VerTerra, Ltd. focuses on providing eco-friendly disposable dinnerware, emphasizing sustainability through innovative products made from renewable resources, catering to both individual and professional use.VerTerra, Ltd. offers eco-friendly disposable dinnerware and was founded by Michael Dwork. The company operates from New York, US. In October 2009, VerTerra raised USD 0.09 mn of venture funding, with a total amount raised of USD 0.09 mn across three deals. The most recent deal occurred on October 6, 2009.VerTerra specializes in eco-friendly disposable dinnerware, focusing on palm leaf plates and a line of balsa wood products. Their offerings include stylish, sustainable dinnerware made from 100% renewable resources, designed for professional catering and personal use. VerTerra's products are BPI-certified compostable, aligning with their sustainability commitment. Their customer base includes hotels, caterers, and chefs, with a significant presence in upscale restaurants and events throughout the United States. The flagship product, VerTerra Dinnerware From Fallen Leaves™, has garnered numerous accolades.VerTerra generates revenue through direct sales to businesses, including catering services, restaurants, and event planners. They offer customization options for branding, with transactions primarily occurring on a B2B basis. Clients typically place bulk orders that may include various configurations of their palm leaf and balsa wood products. The pricing structures cater to large-scale orders, with specific offerings tailored to meet the needs of different customer segments.VerTerra plans to utilize recent funding to develop new product lines and expand into additional geographic markets. While specific product release dates have not been detailed, they are committed to innovation in sustainable dinnerware. The company aims to penetrate new markets across North America and potentially into Europe by the end of 2024, focusing on catering and event management sectors. This growth strategy will be supported by the USD 0.09 mn raised in October 2009.

## Funding rounds

- Seed, May 1, 2007, $0.1M — Draper Fisher Jurvetson

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Seed
