About Veratrak
Veratrak is a company based in London (United Kingdom) founded in 2017 by Jason Lacombe. Veratrak has raised $8.11 million across 3 funding rounds from investors including Seedcamp, Crane Venture Partners and Ascension. The company has 9 employees as of December 31, 2021. Veratrak offers products and services including The Hub, ERP Integrations, and Scope 3 Metrics. Veratrak operates in a competitive market with competitors including Turvo, SkyCell, Slync, SemiCab and Pando, among others.
- Headquarter London, United Kingdom
- Employees 9 as on 31 Dec, 2021
- Founders Jason Lacombe
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Sectors
HealthcareTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Veratrak Limited
- Date of Incorporation 05 Oct, 2017
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.11 M (USD)
in 3 rounds
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Latest Funding Round
$6.56 M (USD), Seed
Jan 31, 2023
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Investors
Seedcamp
& 5 more
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Employee Count
9
as on Dec 31, 2021
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Products & Services of Veratrak
Veratrak offers a comprehensive portfolio of products and services, including The Hub, ERP Integrations, and Scope 3 Metrics.
Centralized platform for secure data workflows in pharmaceuticals
Tools for connecting ERP systems to enhance data flow
Software for monitoring supply chain emissions and metrics
People of Veratrak
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Funding Insights of Veratrak
Veratrak has successfully raised a total of $8.11M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $6.56 million completed in January 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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $6.6M
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First Round
First Round
(16 Apr 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Seed - Veratrak | Valuation | Crane Venture Partners | |
| Apr, 2019 | Amount | Seed - Veratrak | Valuation | Force Over Mass | |
| Apr, 2018 | Amount | Seed - Veratrak | Valuation | Seedcamp |
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Investors in Veratrak
Veratrak has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Seedcamp, Crane Venture Partners and Ascension.
| Investor | Description | Founded Year | Domain | Location |
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Investments in early-stage software companies are managed by the firm.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Ascension is recognized as a venture capital firm focused on early-stage tech investments.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veratrak
Financial Statements - Veratrak
Veratrak Comparisons
Competitors of Veratrak
Veratrak 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 Turvo, SkyCell, Slync, SemiCab and Pando, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud and AI-based platform for collaborative logistics is provided.
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| domain | founded_year | HQ Location |
Temperature-controlled containers for pharmaceutical transport are provided.
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| domain | founded_year | HQ Location |
Offers AI & blockchain-enabled solutions for supply chain visibility and traceability
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| domain | founded_year | HQ Location |
Provider of Cloud, IoT, and AI-based marketplace for long-haul freight transportation services
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| domain | founded_year | HQ Location |
Freight transportation is managed through AI and web-based systems.
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| domain | founded_year | HQ Location |
AI platform for automating procurement data in healthcare is provided.
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Frequently Asked Questions about Veratrak
Veratrak was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Veratrak is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Jason Lacombe is the current CEO of Veratrak. They have also founded this company.
Veratrak is a funded company, having raised a total of $8.11M across 3 funding rounds to date. The company's 1st funding round was a Seed of $249.07K, raised on Apr 16, 2018.
As of Dec 31, 2021, the latest employee count at Veratrak is 9.
Veratrak was founded in 2017 in London, United Kingdom, focusing on the pharmaceutical sector. A SaaS platform is provided for supply chain management, enabling document sharing among partners, collaborative functionalities, and compliance oversight. Immutable processes are implemented for documentation, while stakeholders are connected to facilitate secure and efficient logistics. Integration with clients existing ERP systems is supported.
Veratrak offers The Hub, ERP Integrations, and Scope 3 Metrics.
Veratrak has 6 investors. Key investors include Seedcamp, Crane Venture Partners, Ascension, TrueSight Ventures, and Force Over Mass.