Vertex Energy: Funding, Investors & Team (Oct 2026)
Vertex Energy is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its primary focus is recycling used motor oil and other petroleum by-product streams. The company purchases these streams from an established network of local and regional collectors and generators. Vertex also manages the transport, storage, and delivery of the aggregated feedstock and product streams to end users, and manages the re-refining of a portion of its aggregated petroleum streams in order to sell them as higher-value end products. V Vertex sells its aggregated petroleum streams as feedstock to other re-refineries and fuel blenders or as a replacement fuel for use in industrial burners. The re-refining of used motor oil that Vertex manages takes place at its facility, which uses a proprietary Thermal Chemical Extraction Process (“TCEP”) technology. The company provides services enabling the transporting, processing and re-refining of these distressed hydrocarbon-based streams into viable commodity products that off-set the United States’ dependence on foreign crude oil in a safe and regulatory compliant manner. Vertex Energy was founded in 2001 and is headquartered in Houston, Texas, USA.
Vertex Energy has raised $80.0M across 1 funding round on record, the most recent an undisclosed round of $80.0M announced in Jun 2023.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Vertex Energy Company Profile and Key Stats
Latest funding round on record: Jun 2023.
Vertex Energy Funding Rounds
Vertex Energy Founders and Leadership Team
No contact details are on record for this team yet.
Vertex Energy Funding Compared to Other Energy Startups
Vertex Energy's latest round of $80.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Vertex Energy Funding FAQs
What does Vertex Energy do?
Vertex Energy is an environmental services company that recycles industrial waste streams and off-specification commercial chemical products. Its primary focus is recycling used motor oil and other petroleum by-product streams. The company purchases these streams from an established network of local and regional collectors and generators. Vertex also manages the transport, storage, and delivery of the aggregated feedstock and product streams to end users, and manages the re-refining of a portion of its aggregated petroleum streams in order to sell them as higher-value end products. V Vertex sells its aggregated petroleum streams as feedstock to other re-refineries and fuel blenders or as a replacement fuel for use in industrial burners. The re-refining of used motor oil that Vertex manages takes place at its facility, which uses a proprietary Thermal Chemical Extraction Process (“TCEP”) technology. The company provides services enabling the transporting, processing and re-refining of these distressed hydrocarbon-based streams into viable commodity products that off-set the United States’ dependence on foreign crude oil in a safe and regulatory compliant manner. Vertex Energy was founded in 2001 and is headquartered in Houston, Texas, USA.
How much funding has Vertex Energy raised?
Vertex Energy has raised $80.0M across 1 round on record. The most recent is an undisclosed round of $80.0M announced in Jun 2023.
When did Vertex Energy last raise funding?
Vertex Energy's most recent funding round on record is an undisclosed round of $80.0M, announced in Jun 2023.
Who founded Vertex Energy?
FundedIQ lists Benjamin P Cowart (Founder) at Vertex Energy.
Where is Vertex Energy headquartered?
Vertex Energy is based in Houston, Texas, United States.
How many employees does Vertex Energy have?
Vertex Energy is in the 101-250 employee band.
How does Vertex Energy's funding compare to other Energy startups?
Vertex Energy's latest round of $80.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Vertex Energy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Vertex Energy is left off this page rather than filled in.
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