Veritas Group

What Veritas Group does

Veritas Group Limited, incorporated in Bermuda on 11 October 2016, operates as a privately held holding company that distributes organic nano-fertilizer and develops biomass-to-energy conversion systems. Its core product is NPK75, an organo-mineral foliar concentrate containing up to 78 chelated nano minerals produced via a patented two-stage process (dry vortex-chamber micronization followed by wet nano-sizing) using Montmorillonite deposits from the U.S. and Eastern Europe. The company markets NPK75 under three registered brands (NPK75, Mineral-Gro, and Liquid TNT) and claims a 95% plant absorption rate versus 8% for conventional NPK fertilizer, with only 3 applications per growing season (vs. 20) and demonstrated crop yield increases of up to 50% in third-party research from the Pryanishnikov Institute of Russia. Veritas reaches customers through a direct e-commerce storefront, two wholly-owned aerial application subsidiaries (Loulu Palm Farms in Hawaii and Mid-Cal Aviation in California's Central Valley), and the planned 25-acre California Project Helm integrated site in Fresno County.

Beyond fertilizer distribution, Veritas has expanded into adjacent businesses through its technology partnership with South Africa's BioVest Holdings, which supplies the patented Rapid Cellulose Bio-Refinery (RCB) 'artificial rumen' platform that converts cellulose-rich biomass into biomethane, biochar, activated carbon, 40%+ protein animal feed, Terra Preta soil enhancer, and electricity in approximately 72 hours (versus 21-40 days for traditional anaerobic digestion). The company also operates Equitas Global Financial Guarantee Ltd., a financial guarantees and insurance subsidiary, and pursues healthcare finance initiatives targeting veterans, small employers, and gig workers. Revenue streams are diversified across fertilizer product sales (consumer e-commerce SKUs at $21.99-$6,875), aerial application services, biomass energy and by-products, and financial/insurance services, though no revenue figures are publicly disclosed. Leadership is concentrated in CEO & Chairman Stephen H. Smoot (40+ years of international business development) and President J. Oliver Heyliger (45 years in Bermuda insurance/reinsurance), with a small team of 11-50 employees and operations spanning Bermuda, the U.S. (Hawaii, California), and Africa.

Name

Veritas Group

Legal name

Veritas Group Limited

Website

https://veritasgroupltd.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Veritas Group Limited is a Bermuda-based private company that distributes NPK75 organic nano-fertilizer (up to 78 chelated nano minerals) under the NPK75, Mineral-Gro, and Liquid TNT brands, and partners with BioVest on the Rapid Cellulose Bio-Refinery biomass-to-biogas platform, serving organic farmers, agricultural producers, and consumers through e-commerce and aerial application subsidiaries.

Ownership category

akta.pro rank

Product category

Agricultural Fertilizers (Organic Nano-Fertilizer and Biomass Energy)

NAICS

Fertilizer and Compost Manufacturing (32531), Fertilizer (Mixing Only) Manufacturing (325314), Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing (3253)

SIC

Agricultural Chemicals (2870), Industrial Inorganic Chemicals (2810)

akta.pro primary industry

Fertilizer & Micronutrient Formulations (NPK blends, chelates, suspensions) (AFABAIAB)

akta.pro secondary industries

Liquid Specialty Fertilizers (Suspensions, Solutions, UAN Blends) (AFABACAF), Foliar Fertilizers & Foliar Nutrition Programs (AFABACAC), Micronutrient & Secondary-Nutrient Fertilizers (IMAEAEAE), Specialty Fertilizers for Horticulture & Controlled Environment (Greenhouse, Hydroponic, Nursery) (AFABACAL)

Keywords

• Organic nano-fertilizer
• Biomass-to-energy conversion
• Aerial application services
• Modular biogas systems
• Soil enhancement products

Headquarters

HQ city

Hamilton

HQ country

Bermuda

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Organic Fertilizer Product Sales: Sale of NPK75, Mineral-Gro, and Liquid TNT branded organic nano-fertilizer products through e-commerce storefront and distributor networks. Products sold in various sizes from pints to 275-gallon totes. Revenue from direct product sales to consumers and agricultural operations.
2. Aerial Application Services: Aerial spraying services for fertilizer application through subsidiary operations (Loulu Palm Farms in Hawaii, Mid-Cal Aviation in California). Revenue from service fees for crop dusting and fertilizer application.
3. Biomass Energy and By-Products: Sale of biogas, biochar, activated carbon, animal feed, Terra Preta soil enhancer, and electricity generated from biomass conversion. By-products from Rapid Cellulose Bio-Refinery process.
4. Healthcare Finance Services: Re-engineering of healthcare finance including military veteran healthcare benefits, self-funded major medical health plans, and medical receivables cash flow programs. Revenue from financial services and insurance-related transactions.
5. Equitas Global Financial Guarantee: Financial guarantees for debt and equity offerings worldwide, insurance for properties, people, equipment including aircraft, health, and life insurance.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Veritas Group Limited distributes and produces organic nano-fertilizer products under the brands NPK75, Mineral-Gro, and Liquid TNT, a foliar concentrate containing up to 78 chelated nano minerals produced via a patented two-stage micronization process. The company also delivers biomass-to-energy conversion through the Rapid Cellulose Bio-Refinery (RCB) modular biogas system, along with aerial fertilizer application services in Hawaii and California through its subsidiaries.

Product overview

Veritas Group Limited operates as a distributor of organic nano-fertilizer products and a developer of biomass-to-energy conversion systems. The company's core product portfolio centers on NPK75, an organic fertilizer containing up to 78 chelated nano minerals sold under the brands NPK75, Mineral-Gro®, and Liquid TNT®, which are distributed through aerial application services. Complementing the fertilizer business, Veritas has partnered with BioVest to deploy RCB (Rapid Cellulose Bio-Refinery) modular biogas generators that convert biomass into biomethane, producing byproducts including biochar, activated carbon, protein-rich animal feed, nutrient-rich water, and electricity. The company is developing California Project Helm, a 25-acre integrated facility combining fertilizer production, biomass processing, aerial spraying, and infrastructure development.

Differentiator

Problem solved

Functional benefit

Products and services

• NPK75 Organic Nano-Fertilizer Organo-mineral complex foliar concentrate fertilizer containing up to 78 chelated nano minerals produced through a patented two-stage process (dry vortex micronization followed by wet nano-sizing), achieving 95% absorption versus 8% for traditional NPK fertilizers and requiring only 3 applications per growing season. Sold to organic farmers, agricultural producers, and consumers for use on crops, landscaping, greenhouses, gardens, and turf.
• Mineral-Gro® Registered brand name under which Veritas Group sells NPK75 organic nano-fertilizer, marketed for agriculture, landscaping, forestry, greenhouses, gardens, sport turf, and park grounds.
• Liquid TNT® Registered consumer-facing brand of NPK75 organic nano-fertilizer concentrate sold via shop.veritasgroupltd.com in sizes from 1 pint ($21.99) to 275-gallon totes ($6,875) for agricultural and gardening applications.
• Rapid Cellulose Bio-Refinery (RCB) Biogas System Modular, containerized biogas generator developed with BioVest that uses "artificial rumen" biochemistry to convert cellulose-rich biomass (e.g., Bana grass) into biomethane, electricity, protein-rich animal feed, and nutrient water in approximately 72 hours, versus 21-40 days for traditional anaerobic digestion, producing sulphur-free biogas with CH4 levels exceeding 40%.
• Biochar Carbon-rich charcoal byproduct produced through pyrolysis of organic materials (wood chips, leaf litter, dead plants) during biomass conversion, used for soil enhancement, carbon sequestration, and composting applications.
• Activated Carbon High-porosity carbon material produced through high-temperature treatment (600-1200 degrees Celsius) during biomass conversion, used for water treatment, pollution control, and purification applications.
• Protein-Rich Animal Feed Protein-rich animal feed (over 40% protein content) produced as a byproduct of the RCB biomass-to-biogas process, derived from cellulose conversion using ruminant biology simulation.
• Terra Preta Soil Enhancer Soil enhancer produced through the RCB biomass conversion process using biochar inoculated with microbial mixtures and nutrients, modeled after ancient Amazonian fertile soil practices.
• Aerial Application Services Aerial fertilizer spraying services for NPK75 application provided through wholly-owned subsidiary operations including Loulu Palm Farms (Hawaii) and Mid-Cal Aviation (California Central Valley) using aircraft to distribute fertilizer across agricultural regions.

Quantifiable outcome

• Crop yield increase of up to 50% based on Pryanishnikov Institute research and US farmer reports
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• BioVest HoldingscoreTechnology or IntegrationSouth Africa's BioVest Holdings is the technology supplier for biomass operations. BioVest has over 50 years of combined experience in the Energy sector and developed the Rapid Cellulose Bio-Refinery (RCB) technology with patented artificial rumen biogas process. Veritas and BioVest utilize state-of-the-art, patented, and proven technologies in the waste-to-energy sector.
• Loulu Palm FarmscoreChannel Partner/ Reseller/ DistributorHawaii-based organic nano fertilizer aerial application service and distributor of NPK75. Provides aerial fertilizer spraying services for Hawaii and nearby islands. Part of Veritas Group's distribution network for organic fertilizer products.
• Mid-Cal AviationcoreChannel Partner/ Reseller/ DistributorAgricultural aerial spraying company and distributor of NPK75 in California's Central Valley. Part of the distribution network providing aerial application services for organic fertilizer products.
• Equitas Global Financial Guarantee Ltd.coreStrategic or Co-development PartnerAffiliate company providing financial guarantees for debt and equity offerings worldwide. Expanding risk transfer offerings to insurance for properties, people, and equipment including aircraft insurance, health insurance, and life insurance. Represents synergistic financial and insurance vehicle acquired to support core fertilizer business.

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Haifa Group: Israeli specialty plant nutrition company with a strong portfolio of foliar, water-soluble, and controlled-release fertilizers. Directly comparable to Veritas in targeting foliar-applied specialty liquid fertilizers for high-value crops and operating in the chelated micronutrient and foliar segment.
• Verdesian Life Sciences: Specialty plant nutrition and nutrient-use-efficiency company selling into row crops and specialty agriculture. Comparable to Veritas in marketing premium-priced, science-backed nutrient solutions aimed at improving uptake and reducing synthetic inputs.
• Anaergia: Anaerobic digestion and biogas technology company producing renewable energy and soil products from organic waste. Comparable to Veritas through the BioVest RCB biomass-to-biogas business in modular biogas, organics processing, and by-product valorization.
• Actagro: Developer of liquid specialty crop nutrition and soil health products positioned on efficiency and sustainability. Closely comparable to Veritas's Liquid TNT/NPK75 positioning in premium liquid formulations for yield and soil improvement.
• Loveland Products: Nutrien subsidiary offering specialty crop input formulations, including foliar and liquid nutrition products. Comparable to Veritas in the liquid fertilizer formulation space with overlapping distribution through ag retailers and aerial application.
• Brandt Consolidated: U.S.-based manufacturer of specialty foliar nutrients and crop inputs. Overlaps directly with Veritas's NPK75 foliar concentrate offering and shares the focus on efficiency-boosting foliar programs for row and specialty crops.

Broad incumbents

• ICL Group: Global specialty minerals and plant nutrition major with broad fertilizer portfolios including foliar and specialty plant nutrition. Competes with Veritas in chelated micronutrients and specialty fertilizers but at much larger scale across many product lines.
• Nutrien Ag Solutions: World's largest crop input provider with extensive specialty product and Loveland Products lines, distributing foliar and liquid fertilizers. Comparable as the dominant incumbent channel and supplier that Veritas must compete against for shelf space and grower mindshare.
• Yara International: Global crop nutrition leader with a growing specialty and foliar fertilizer line alongside mainstream NPK. Comparable to Veritas as a competitor pursuing premium crop nutrition positioning with global ag distribution.
• SQM (Sociedad Química y Minera de Chile): Global specialty plant nutrition company with a leading specialty plant nutrition business built on mined mineral resources. Comparable to Veritas in leveraging mineral inputs into specialty plant nutrition including foliar and soluble products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veritas Group