About Veeder-Root
Veeder-Root is a company based in Simsbury (United States) founded in 1928. It operates as a B2B. Veeder-Root has completed 1 acquisition, including FuelQuest. Veeder-Root offers products and services including TLS-450PLUS Automatic Tank Gauge and Red Jacket Submersible Pumping Systems. Veeder-Root operates in a competitive market with competitors including Cyberhawk, American Aerospace, SkyX, Air Control Entech and Linux Networx, among others.
- Headquarter Simsbury, United States
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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- Investments & Acquisitions
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Products & Services of Veeder-Root
Veeder-Root offers a comprehensive portfolio of products and services, including TLS-450PLUS Automatic Tank Gauge and Red Jacket Submersible Pumping Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for comprehensive fuel tank monitoring and leak detection.
Pumps designed for efficient fuel dispensing in harsh environments.
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Funding Insights of Veeder-Root
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Veeder-Root
Veeder-Root has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FuelQuest. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Fuel supply chain management platform
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veeder-Root
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veeder-Root Comparisons
Competitors of Veeder-Root
Veeder-Root operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cyberhawk, American Aerospace, SkyX, Air Control Entech and Linux Networx, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Long-endurance VTOL drones are developed and inspection services are provided.
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Linux-based high-performance computing solutions are architected and supported.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veeder-Root
Frequently Asked Questions about Veeder-Root
When was Veeder-Root founded?
Veeder-Root was founded in 1928.
Where is Veeder-Root located?
Veeder-Root is headquartered in Simsbury, United States. It is registered at Simsbury, Connecticut, United States.
What does Veeder-Root do?
Veeder-Root specializes in fuel management systems that include automatic tank gauges, submersible pumps, and leak detection tools to help retailers and industrial operators monitor fuel storage and ensure compliance. The company automates processes for bulk fuelers and aviation fueling, focusing on corrosion prevention and efficient operations. Based in Simsbury, CT, USA, it serves clients in retail, convenience stores, and fleet management through advanced technology and support services.
Who are the top competitors of Veeder-Root?
Veeder-Root's top competitors include Cyberhawk, SkyX and American Aerospace.
What products or services does Veeder-Root offer?
Veeder-Root offers TLS-450PLUS Automatic Tank Gauge and Red Jacket Submersible Pumping Systems.
How many acquisitions has Veeder-Root made?
Veeder-Root has made 1 acquisition, including FuelQuest.
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