# VEIR funding: rounds and investors

> VEIR has raised $185M across 2 rounds since 2025. Investors include Congruent Ventures, Matter Venture Partners and Tyche Partners. Every round with its source.

Source: https://millionrounds.com/company/veir (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *VEIR*

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Cloud Energy

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$185M** raised across 2 rounds since 2025, from 3 sources

**$75M** Series B **$110M** Series C

- **Latest round:** Series C, $110M Oct 2026
- **Led by:** Matter Venture Partners and Tyche Partners
- **Step-up i:** 1.5×
- **Investors:** 13 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$75M** Series B

**$110M** Series C

- **First round:** Series B, $75M
- **Biggest round:** $110M
- **Between rounds:** 21 months

## The rounds

- **Oct 2026** Series C **$110M** *10 new* *1 returning* [Matter Venture Partners](https://millionrounds.com/fund/matter-venture-partners) Lead [Tyche Partners](https://millionrounds.com/fund/tyche-partners) Lead [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) [Engine Ventures](https://millionrounds.com/fund/engine-ventures) [LG](https://millionrounds.com/fund/lg-technology-ventures) [Gates Frontier](https://millionrounds.com/fund/gates-frontier) [Sabanci Climate Ventures](https://millionrounds.com/fund/sabanci-climate-ventures) [VXI Capital](https://millionrounds.com/fund/vxi-capital) [Piva Capital](https://millionrounds.com/fund/piva-capital) [Hui Capital](https://millionrounds.com/fund/hui-capital) [Galvanize Climate Solutions](https://millionrounds.com/fund/galvanize-climate-solutions) Reported by Baruch Future Ventures and 1 other
- **Jan 2025** Series B **$75M** *3 new* [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) Source recorded

## Founders and team

From VEIR's own website and the SEC filings it signed: 1 founder, 9 on the team.

**Tim Heidel** CEO & Co-Founder *Named on its 2023 Form D*

- **Caitlin MacDonald** Chief People Officer
- **Erhan Karaca** Chief Technology Officer
- **Jill Macari** Chief Financial Officer
- **Stephen Major** Chief Product Officer
- **Brian Janous** Independent Director
- **Dan Leff** Director ClimateTech & Future Transportation
- **Greg Mongeau** Board Of Directors
- **Timur Davis** Director ClimateTech & Future Transportation
- **Michael Kearney** Executive Chair

On the board, as filed i *Christopher Poirier* *Daniel Leff* *Joshua Posamentier* *Krzysztof Zadlo*

Advisers *Craig Weich* *Lane Dilg* *Peter Gross* *Stephen Liang*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2025 **Series C** 2026 [Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) [Matter Venture Partners](https://millionrounds.com/fund/matter-venture-partners) L [Tyche Partners](https://millionrounds.com/fund/tyche-partners) L [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) [Engine Ventures](https://millionrounds.com/fund/engine-ventures) [LG](https://millionrounds.com/fund/lg-technology-ventures) [Gates Frontier](https://millionrounds.com/fund/gates-frontier) [Sabanci Climate Ventures](https://millionrounds.com/fund/sabanci-climate-ventures) [VXI Capital](https://millionrounds.com/fund/vxi-capital)

## Everyone who backed them

[Congruent Ventures](https://millionrounds.com/fund/congruent-ventures) VC firm **2** rounds

[Matter Venture Partners](https://millionrounds.com/fund/matter-venture-partners) VC firm **1** round, led 1

[Tyche Partners](https://millionrounds.com/fund/tyche-partners) VC firm **1** round, led 1

[Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **1** round

[Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) Corporate VC **1** round

[Engine Ventures](https://millionrounds.com/fund/engine-ventures) VC firm **1** round

[LG](https://millionrounds.com/fund/lg-technology-ventures) Corporate VC **1** round

[Gates Frontier](https://millionrounds.com/fund/gates-frontier) Growth equity **1** round

[Sabanci Climate Ventures](https://millionrounds.com/fund/sabanci-climate-ventures) Growth equity **1** round

[VXI Capital](https://millionrounds.com/fund/vxi-capital) VC firm **1** round

[Piva Capital](https://millionrounds.com/fund/piva-capital) VC firm **1** round

[Hui Capital](https://millionrounds.com/fund/hui-capital) Growth equity **1** round

[Galvanize Climate Solutions](https://millionrounds.com/fund/galvanize-climate-solutions) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=veir).

## Also claim to have backed them

These 2 firms list VEIR as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Fine Structure Ventures](https://millionrounds.com/fund/fine-structure-ventures) VC firm Per its own site

[Baruch Future Ventures](https://millionrounds.com/fund/baruch-future-ventures) VC firm Per its own site

## Quick answers about VEIR

### Who invested in VEIR?

VEIR's investors include Congruent Ventures, Matter Venture Partners, Tyche Partners, Breakthrough Energy and Munich Re Ventures, and 8 more on record. Matter Venture Partners led its latest round.

### How much has VEIR raised?

VEIR has raised $185M across 2 rounds since 2025.

### When did VEIR last raise?

VEIR's most recent round was a Series C of $110M in Oct 2026, led by Matter Venture Partners.

### What was VEIR's biggest round?

Its most recent round, $110M in Oct 2026, is also its largest on record.

### Who backed VEIR first?

VEIR's first round on record, in Jan 2025, was backed by Breakthrough Energy, Congruent Ventures and Munich Re Ventures.

### What stage is VEIR at?

VEIR's latest named round is a Series C, in Oct 2026.

### Where is VEIR based?

VEIR is based in the United States.

### Who led VEIR's rounds?

Matter Venture Partners led the Series C in 2026.

## Companies like VEIR

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)

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