Verity Overview
- Year Founded
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2014
- Status
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Private
- Employees
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180
- Latest Deal Type
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Series B
- Latest Deal Amount
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$44.2M
- Investors
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15
Verity General Information
Description
Developer of AI-powered mobile intelligence designed to achieve operational efficiencies and build faster, smarter, and more sustainable supply chains. The company offers real-time, data-driven insights, easy integration with warehouse management systems, and full autonomy, enabling logistics service providers, retailers, and manufacturers to streamline operations, reduce labor costs, and eliminate errors and disruptions.
Contact Information
Website
www.verity.netCorporate Office
- Binzmühlestrasse 81
- 8050 Zurich
- Switzerland
Corporate Office
- Binzmühlestrasse 81
- 8050 Zurich
- Switzerland
Verity Timeline
Verity Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series B) | 23-May-2023 | $44.2M | Completed | Generating Revenue | ||
| 6. Later Stage VC | 13-Dec-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 01-Jun-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 23-Apr-2018 | Completed | Generating Revenue | |||
| 3. Seed Round | 10-Nov-2015 | Completed | Startup | |||
| 2. Accelerator/Incubator | Completed | Startup | ||||
| 1. University Spin-Out | 04-Jul-2014 | Completed | Startup |
Verity Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Preferred A+ | ||||||||
| Series A | 20,083,800 | $0.011187 | $1 | $1 | 1001x | $1 | 16.63% | |
| Series A | 6,250,000 | $0.011187 | $0.54 | $537.51 | 1001x | $0.54 | 5.18% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Verity Comparisons
Industry
Financing
Details
Verity Competitors (13)
One of Verity’s 13 competitors is Doks.solution, a Venture Capital-Backed company based in Wentorf, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Doks.solution | Venture Capital-Backed | Wentorf, Germany | ||||
| Environmental Systems Research Institute | Corporation | Redlands, CA | ||||
| Corvus Robotics | Venture Capital-Backed | Boston, MA | ||||
| Omnitracs | Private Equity-Backed | Westlake, TX | ||||
| Vimaan | Venture Capital-Backed | San Jose, CA |
Verity Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Verity Patents
Verity Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240118089-A1 | Path planning graph generation and real-time path planning for autonomous vehicles | Pending | 11-Oct-2022 | ||
| US-20240062412-A1 | Improving feature extraction using motion blur | Pending | 30-Dec-2020 | ||
| EP-4272161-A1 | Method and system for tracking a state of a camera | Pending | 30-Dec-2020 | ||
| US-20240135703-A1 | System and method for estimating the pose of a localizing apparatus using reflective landmarks and other features | Pending | 30-Dec-2020 | ||
| US-20240078686-A1 | Method and system for determining a state of a camera | Pending | 30-Dec-2020 | G06T7/277 |
Verity Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Verity Investors (15)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| A.P. Moller Holding | Holding Company | Minority | ||
| Exor | PE/Buyout | Minority | ||
| Interwoven Ventures | Venture Capital | Minority | ||
| Parkway Venture Capital | Venture Capital | Minority | ||
| Qualcomm Ventures | Corporate Venture Capital | Minority |
Verity FAQs
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When was Verity founded?
Verity was founded in 2014.
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Where is Verity headquartered?
Verity is headquartered in Zurich, Switzerland.
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What is the size of Verity?
Verity has 180 total employees.
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What industry is Verity in?
Verity’s primary industry is Logistics.
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Is Verity a private or public company?
Verity is a Private company.
-
What is Verity’s current revenue?
The current revenue for Verity is .
-
How much funding has Verity raised over time?
Verity has raised $84.5M.
-
Who are Verity’s investors?
A.P. Moller Holding, Exor, Interwoven Ventures, Parkway Venture Capital, and Qualcomm Ventures are 5 of 15 investors who have invested in Verity.
-
Who are Verity’s competitors?
Doks.solution, Environmental Systems Research Institute, Corvus Robotics, Omnitracs, and Vimaan are some of the 13 competitors of Verity.
Data Transparency
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