About Verenia
Verenia is a company based in Lisle (United States) founded in 2011 was acquired by Lucid Bots in July 2024.. Verenia offers products and services including Seraf and CPQ Software. Verenia operates in a competitive market with competitors including Conga, PandaDoc, Sigma Systems, Apttus and SteelBrick, among others.
- Headquarter Lisle, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Verenia, 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
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Employee Count
Employee Count
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Acquired by
Lucid Bots
(Jul 24, 2024)
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Products & Services of Verenia
Verenia offers a comprehensive portfolio of products and services, including Seraf and CPQ Software. 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.
AI tool integrating 100+ apps for quick business information access
Software for configuring, pricing, and quoting products efficiently
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Funding Insights of Verenia
| 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 Verenia
Verenia has secured backing from 1 investor. Prominent investors backing the company include Lucid Bots. 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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Provider of tech enabled cleaning solutions through autonomous robotic products for dull, dirty, and dangerous jobs
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Verenia
| 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 - Verenia
| 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 |
Verenia Comparisons
Competitors of Verenia
Verenia 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 Conga, PandaDoc, Sigma Systems, Apttus and SteelBrick, 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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Contract lifecycle management is facilitated via a cloud-based platform.
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Document workflows are automated and managed for sales teams.
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Product, order management, and network provisioning solutions are provided.
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Quote-to-cash solutions for businesses
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Provider of CPQ application software
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| domain | founded_year | HQ Location |
Cloud and AI-based pricing management software is offered for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Verenia
Frequently Asked Questions about Verenia
When was Verenia founded?
Verenia was founded in 2011.
Where is Verenia located?
Verenia is headquartered in Lisle, United States. It is registered at Lisle, Illinois, United States.
What does Verenia do?
Verenia was founded in 2011 and is headquartered in Lisle, United States. A cloud-based CPQ solution is offered as an addon for Netsuite and various CRMs. Pricing methodologies are configured and validated through the platform, with real-time quotes generated via customized templates. Integration with accounting tools like Intuit and Quickbooks is facilitated, supporting one-click invoicing processes in the software sector.
Who are the top competitors of Verenia?
What products or services does Verenia offer?
Verenia offers Seraf and CPQ Software.
Who are Verenia's investors?
Verenia has 1 investor. Key investors include Lucid Bots.
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