About Veracity Logic
Veracity Logic is a company based in Chapel Hill (United States) founded in 2005 was acquired by Veeva Systems in December 2021.. The company has 12 employees as of December 31, 2021. Veracity Logic offers products and services including RTSM and Resupply Capabilities. Veracity Logic operates in a competitive market with competitors including Medidata, Verily, TriNetX, Signant Health and Clinical Ink, among others.
- Headquarter Chapel Hill, United States
- Employees 12 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Veracity Logic, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
12
as on Dec 31, 2021
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Acquired by
Veeva Systems
(Dec 13, 2021)
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Products & Services of Veracity Logic
Veracity Logic offers a comprehensive portfolio of products and services, including RTSM and Resupply Capabilities. 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.
System for patient randomization and supply optimization in trials
Tools for predictive inventory control and shipment scheduling
Funding Insights of Veracity Logic
| 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 |
investors |
Investors in Veracity Logic
Veracity Logic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Veeva Systems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based data management solutions for healthcare are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veracity Logic
| 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 |
Financial Statements - Veracity Logic
| 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 |
investors |
Veracity Logic Comparisons
Competitors of Veracity Logic
Veracity Logic 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 Medidata, Verily, TriNetX, Signant Health and Clinical Ink, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
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AI-based solutions for health management are provided.
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| domain | founded_year | HQ Location |
Clinical trial management software is provided for researchers and professionals.
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| domain | founded_year | HQ Location |
Signant Health is engaged in providing clinical trial technology solutions.
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| domain | founded_year | HQ Location |
Paperless eSource and patient engagement solutions for clinical trials
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| domain | founded_year | HQ Location |
Regulatory and ethical review services for clinical research are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veracity Logic
Frequently Asked Questions about Veracity Logic
When was Veracity Logic founded?
Veracity Logic was founded in 2005.
Where is Veracity Logic located?
Veracity Logic is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.
How many employees does Veracity Logic have?
As of Dec 31, 2021, the latest employee count at Veracity Logic is 12.
What does Veracity Logic do?
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.
Who are the top competitors of Veracity Logic?
What products or services does Veracity Logic offer?
Veracity Logic offers RTSM and Resupply Capabilities.
Who are Veracity Logic's investors?
Veracity Logic has 1 investor. Key investors include Veeva Systems.
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