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Mangrove Systems

Mangrove Systems

Private
TorontoEnergy & Sustainabilityhttps://www.mangrovesystems.com/

Last Round

Grant

Apr 1, 2025

Total Funding Raised

$58.38M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Mangrove Systems is a software company that provides a digital measurement, reporting, and verification (dMRV) platform for carbon dioxide removal (CDR) and carbon capture and storage (CCS) projects.

Sector

Energy & Sustainability

Verticals

Carbon Capture, ESG Analytics, Compliance & Risk, Environmental Monitoring, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

digital measurement, reporting, and verificationdMRVcarbon accountingcarbon removalcarbon creditscarbon techcarbon capture and storageCCSvertical SaaSclimate techESG reportingcarbon registrybiochardirect air captureDACrenewable natural gasRNG

Historical Pricing

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Caplight Momentum Score

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Mangrove Systems Comparables

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Mangrove Systems comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
BlueLayer
88%
Cula Technologies
88%
Carbonfuture
79%

Mangrove Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantApr 1, 2025
GrantJun 3, 2024
Series BFeb 18, 2005
Series AApr 15, 2003
SeedJun 24, 2002

Key People

Founding team and executive leadership

Evan Little

Co-founder COO

Founding Team

Brandon Vlaar

Co-founder CEO

Founding Team

Mangrove Systems Investors

Notable investors and investment history

Mangrove Systems investors
InvestorRounds
Columbia CapitalSeries C, Series A, Series B
Star VenturesSeries C, Series B
Highland Capital PartnersSeries C, Series A, Series B
CanExportGrant
Bessemer Venture PartnersSeries C, Seed, Series A, Series B
National Research Council of CanadaGrant
Gold Hill CapitalSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 6, 2026

    Open roles increased from 0 to 11, representing 58% of headcount.

  • Mar 26, 2026

    Added Cowboy Clean Fuels, LLC from the Energy/Clean Fuels sector.

Mangrove Systems Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Mangrove Systems Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Mangrove Systems's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Employee Range21
Year Founded2022
Last FundingApr 1, 2025

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