About Veracity Logic
Veracity Logic is a Healthcare company based in Chapel Hill (United States) founded in 2005, and was acquired by Veeva Systems in December 2021. Interactive Web and Phone Solutions for Clinical Trials. The company has 12 employees. Veracity Logic offers products and services including RTSM and Resupply Capabilities. Its focus areas include HealthTech, Life Sciences Tech, Research & Development and Clinical Trials. Its legal entity is VERACITY LOGIC, LLC. Its competitors include Medidata, Verily and TriNetX; 3 of its 3 listed competitors have raised funding.
Company details
Veracity Logic was founded in 2005 and is based in Chapel Hill, United States. Interactive Response Technology solutions are provided for the pharmaceutical and biotechnology sectors. These include web-based and optional phone tools for clinical study management, subject tracking, inventory control, real-time monitoring of trial activities and logistics, and diary oversight. Compliance with 21 CFR Part 11 standards is maintained.
- Headquarters Chapel Hill, United States
- Employees 12
- Stage Acquired
- SectorsHealthcare
- Website veracitylogic.com
- Social LinkedIn X
- Acquired by Veeva Systems (Dec 2021)
- Legal Name Veracity Logic, Llc
- Investors
- Employee Count12
- Acquired byVeeva Systems
(Dec 2021)
Products & Services of Veracity Logic
Veracity Logic offers a comprehensive portfolio of products and services, including RTSM and Resupply Capabilities.
System for patient randomization and supply optimization in trials
Tools for predictive inventory control and shipment scheduling
Investors in Veracity Logic
Veracity Logic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Veeva Systems.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based data management solutions for healthcare are provided. | 2007 | veeva.com | Pleasanton, United States |
Investor details for Veracity Logic
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Timeline of Veracity Logic
2 dated milestones of Veracity Logic across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Veracity Logic is founded.
- Exit Acquired by Veeva Systems.
Competitors of Veracity Logic
Veracity Logic has 3 listed competitors in our database, 3 of them funded. They include Medidata, Verily and TriNetX.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medidata.com | 1999 | New York, United States | $41.5M | 1,677 | Medidata is recognized as a leading provider of SaaS solutions for clinical research. | |
| verily.com | 2015 | Dallas, United States | $2.5B | AI-based solutions for health management are provided. | ||
| trinetx.com | 2013 | Cambridge, United States | $53M | 95 | Clinical trial management software is provided for researchers and professionals. |
Detailed competitors of Veracity Logic
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Top companies in Life Sciences Platforms & Tools
3 companies that operate in the same segment as Veracity Logic (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Medidata is recognized as a leading provider of SaaS solutions for clinical research. | 1999 | New York, New York, United States | USD 41.5 M | |||
AI-based solutions for health management are provided. | 2015 | Dallas, Texas, United States | USD 2.8 B | 1,111 | ||
Real-world health data is provided for research and decisions. | 2012 | Menlo Park, California, United States | USD 259.16 M |
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Related news about Veracity Logic
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Frequently Asked Questions about Veracity Logic
Veracity Logic was founded in 2005.
Veracity Logic is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.
Veracity Logic has 12 employees.
Veracity Logic was founded in 2005 and is based in Chapel Hill, United States. Interactive Response Technology solutions are provided for the pharmaceutical and biotechnology sectors. These include web-based and optional phone tools for clinical study management, subject tracking, inventory control, real-time monitoring of trial activities and logistics, and diary oversight. Compliance with 21 CFR Part 11 standards is maintained.
Veracity Logic offers RTSM and Resupply Capabilities.
Veracity Logic has 1 investor. Key investors include Veeva Systems.
Veracity Logic operates through Veracity Logic, Llc.
Yes. Veracity Logic was acquired by Veeva Systems in December 2021.