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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 25%

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%
NetaCarbon, Inc.
81%

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 20, 2026

    Open roles increased to 20, 95% of headcount.

  • Jul 6, 2026

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

Mangrove Systems Filings

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Mangrove Systems filings preview — column headings only; records require access
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Frequently Asked Questions

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

Is Mangrove Systems a public or private company?

Mangrove Systems is a private company.

What is the current stock price of Mangrove Systems?

Mangrove Systems is a private company with no public stock price. No recent secondary market data is available.

How much is Mangrove Systems worth (valuation)?

Valuation information for Mangrove Systems is not publicly available.

Can I buy Mangrove Systems stock?

Mangrove Systems shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Mangrove Systems's last funding round?

Mangrove Systems's most recent funding round was Series B on February 18, 2005.

Who are the main investors in Mangrove Systems?

Key investors in Mangrove Systems include Star Ventures.

Will Mangrove Systems IPO soon?

No public IPO plans have been announced for Mangrove Systems.

How can I track Mangrove Systems secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Mangrove Systems's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersToronto
Employee Range21
Year Founded2022
Last FundingApr 1, 2025

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