Veri Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 44

Employees

  • Latest Deal Type
  • M&A

Veri General Information

Description

Developer of a blood sugar monitoring application designed to make people understand and stabilize their blood sugar. The company's application comes with a sensor that tracks all the blood sugar-related information and displays a complete analysis related to the sugar levels on the application in real time, enabling users to lead a healthy lifestyle by stabilizing their sugar levels.

Contact Information

Website
www.veri.co
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Kaikukatu 4 C
  • 00530 Helsinki
  • Finland
Primary Industry
Monitoring Equipment
Other Industries
Application Software
Other Healthcare Technology Systems
Parent Company
Oura
Vertical(s)
LOHAS & Wellness, Digital Health, Wearables & Quantified Self, HealthTech
Corporate Office
  • Kaikukatu 4 C
  • 00530 Helsinki
  • Finland

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Veri Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 11-Sep-2024 Completed Generating Revenue
4. Equity Crowdfunding 19-Jun-2024 Completed Generating Revenue
3. Early Stage VC 01-Jun-2022 Completed Generating Revenue
2. Seed Round 06-Jun-2021 $4.01M $4.01M Completed Generating Revenue
1. Seed Round 01-Jan-2020 Completed Generating Revenue
To view Veri’s complete valuation and funding history, request access »

Veri Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary Shares
Ordinary Shares
Ordinary Shares
Ordinary Shares 1,539,859 $0.18 $0.18 1x $0.18 10.58%
Ordinary Shares 2,651,235 $1.26 $1.26 1x $1.26 18.22%
To view Veri’s complete cap table history, request access »

Veri Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a blood sugar monitoring application designed to make people understand and stabilize their blood sugar. Th
Monitoring Equipment
Helsinki, Finland
44 As of 2024

San Diego, CA
 

Taipei, Taiwan
 
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Veri Competitors (4)

One of Veri’s 4 competitors is GlySens, a Venture Capital-Backed company based in San Diego, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
GlySens Venture Capital-Backed San Diego, CA
Health2Sync Venture Capital-Backed Taipei, Taiwan
Ascensia Diabetes Care Formerly PE-Backed Basel, Switzerland
Pepex Biomedical Venture Capital-Backed Tucson, AZ
To view Veri’s complete competitors history, request access »

Veri Patents

  • 17

    Total Documents Applications and Grants

  • Total Patents Families

  • 6

    Granted

  • Pending

  • Expiring in next 12 mo

Veri Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
FR-2753441-A1 Device for transferring objects Active 19-Sep-1996
FR-2753441-B1 Device for transferring objects Inactive 19-Sep-1996
FR-2724371-A1 Container transfer device Active 14-Sep-1994
FR-2724371-B1 Container transfer device Inactive 14-Sep-1994
ES-2133690-T3 Container transfer device. Inactive 14-Sep-1994 B65G65/23
To view Veri’s complete patent history, request access »

Veri Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Veri Former Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
31 Atlantic Capital Venture Capital Minority
Accel Venture Capital Minority
Angel (individual) Minority
Angel (individual) Minority
Angel (individual) Minority
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Veri FAQs

  • When was Veri founded?

    Veri was founded in 2020.

  • Where is Veri headquartered?

    Veri is headquartered in Helsinki, Finland.

  • What is the size of Veri?

    Veri has 44 total employees.

  • What industry is Veri in?

    Veri’s primary industry is Monitoring Equipment.

  • Is Veri a private or public company?

    Veri is a Private company.

  • What is Veri’s current revenue?

    The current revenue for Veri is .

  • How much funding has Veri raised over time?

    Veri has raised $13.4M.

  • Who are Veri’s investors?

    31 Atlantic Capital, Accel, , , and are 5 of 10 investors who have invested in Veri.

  • Who are Veri’s competitors?

    GlySens, Health2Sync, Ascensia Diabetes Care, and Pepex Biomedical are competitors of Veri.

  • When was Veri acquired?

    Veri was acquired on 11-Sep-2024.

  • Who acquired Veri?

    Veri was acquired by Oura.

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