About VEERUM
VEERUM is a company based in Calgary (Canada) founded in 2014 by Scott Benesh. VEERUM has raised $23.1 million across 5 funding rounds from investors including Suncor, Cenovus and BDC. VEERUM offers products and services including VEERUM VisOps, VEERUM DigitalTWIN, and VEERUM 3DVAULT. VEERUM operates in a competitive market with competitors including Matterport, Hexagon, Cognite, Decisyon and Tignis, among others.
- Headquarter Calgary, Canada
- Founders Scott Benesh
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$23.1 M (USD)
in 5 rounds
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Latest Funding Round
$9.3 M (USD), Series B
May 29, 2023
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Investors
Suncor
& 10 more
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Employee Count
Not available
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Products & Services of VEERUM
VEERUM offers a comprehensive portfolio of products and services, including VEERUM VisOps, VEERUM DigitalTWIN, and VEERUM 3DVAULT.
Platform for operationalizing reality capture data in industrial settings.
Tool for creating and managing digital twins of industrial assets.
Secure system for storing and accessing 3D visual industrial data.
People of VEERUM
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Funding Insights of VEERUM
VEERUM has successfully raised a total of $23.1M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $9.3 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in VEERUM
VEERUM has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Suncor, Cenovus and BDC.
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Investments are made in technologies that modernize industries like agriculture and construction.
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VC firm investing in the US
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Investor details for VEERUM
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Investments & Acquisitions by VEERUM
Investment portfolio details for VEERUM
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Financial Statements - VEERUM
Detailed financials for VEERUM
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- Profit trends
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Veerum Comparisons
Peer comparison for VEERUM
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Competitors of VEERUM
VEERUM 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 Matterport, Hexagon, Cognite, Decisyon and Tignis, among others.
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Provider of cloud and AI-based virtual tour solutions for construction professionals
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Threat detection and vulnerability assessment for ICS/DCS/SCADA are provided.
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AI-based software for production data analysis and collaboration is provided.
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A platform for corporate performance management is provided.
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Provider of AI-powered process control solutions
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Cloud-based IoT solutions with monitoring and analytics are provided.
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Detailed competitors of VEERUM
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Latest news on Veerum
Complete news archive for VEERUM
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Frequently Asked Questions about VEERUM
VEERUM was founded in 2014 and raised its 1st funding round 4 years after it was founded.
VEERUM is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
David Lod is the current CEO of VEERUM.
VEERUM is a funded company, having raised a total of $23.1M across 5 funding rounds to date.
Provider of digital twin based asset visualization tool for manufacturing units. It offers an AI and cloud based digital twin platform for predictive maintenance during construction. It enables 3D asset visualization solutions and enables to predict and resolve project issues. It interfaces with multiple sensors deployed on the site for creating a virtual replica of a physical project or environment that can be used to simulate, operate, and analyze the projects. It allows companies to upload, preview, manage, store, and distribute visual data directly from their web browser.
VEERUM's top competitors include Matterport, Cognite and Tignis.
VEERUM offers VEERUM VisOps, VEERUM DigitalTWIN, and VEERUM 3DVAULT.
VEERUM has 11 investors. Key investors include Suncor, Cenovus, BDC, CRIN, and Idea Well Capital Partners.