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. 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.
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
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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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| 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 |
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. 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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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 |
| 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 Veratrak
| 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 - Veratrak
| 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 |
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. 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 |
|---|---|---|---|---|
| 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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| 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 Veratrak
Frequently Asked Questions about Veratrak
When was Veratrak founded?
Veratrak was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Veratrak located?
Veratrak is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Veratrak?
Jason Lacombe is the current CEO of Veratrak. They have also founded this company.
Is Veratrak a funded 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.
How many employees does Veratrak have?
As of Dec 31, 2021, the latest employee count at Veratrak is 9.
What does Veratrak do?
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.
Who are the top competitors of Veratrak?
What products or services does Veratrak offer?
Veratrak offers The Hub, ERP Integrations, and Scope 3 Metrics.
Who are Veratrak's investors?
Veratrak has 6 investors. Key investors include Seedcamp, Crane Venture Partners, Ascension, TrueSight Ventures, and Force Over Mass.
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