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Validere Technologies, based in Toronto, offers an emissions management platform for energy sector compliance and reporting.
Founded in 2015 and operating mainly in Toronto, Canada, Validere Technologies Ltd. was founded by Nouman Ahmad. Its platform supports regulatory and voluntary emissions reporting, air compliance tracking and real-time emissions quantification for upstream and midstream operators, refineries, petrochemical companies and utilities. In March 2022 it raised CAD 55 mn in Series B funding, co-led by BlackRock and Mercuria Investment, with participation from NGIF, Nova Fleet, Pioneer Fund, Greylock Partners and Wing. The company has completed four deals.
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