Veri

Helsinki, Finland Founded: 2019 • Age: 7 yrs Acquired By Oura
Continuous glucose monitoring system is provided for blood sugar levels.
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About Veri

Veri is a company based in Helsinki (Finland) founded in 2019 by Verneri Jaamuru was acquired by Oura in September 2024. It operates as a HealthTech, and Subscription Services. Veri has raised $4 million across 1 funding round from investors including Oura, Accel and PROfounders Capital Partners. Veri offers products and services including Personalized Metabolic Health Program and Continuous Glucose Monitoring (CGM). Veri operates in a competitive market with competitors including Dexcom, Livongo, One Drop, mySugr and Senseonics, among others.

  • Headquarter Helsinki, Finland
  • Founders Verneri Jaamuru
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Human Engineering Health Oy
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Seed

    Jun 07, 2021

  • Investors
    Oura

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    Oura

    (Sep 11, 2024)

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Products & Services of Veri

Veri offers a comprehensive portfolio of products and services, including Personalized Metabolic Health Program and Continuous Glucose Monitoring (CGM). 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.

Primary

A program to stabilize blood sugar levels effectively.

Real-time glucose monitoring without finger pricking used.

People of Veri
Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Verneri Jaamuru
CPO & Co-Founder
People
Anttoni Aniebonam
CEO & Co-Founder
People
Adam Robinson
Head of Growth
People
Frans Lehmusvaara
CTO & Co-Founder

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Funding Insights of Veri

Veri has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in June 2021. 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 Rounds 1
  • Last Round Seed — $4.0M
  • First Round

    (07 Jun 2021)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Seed - Veri Valuation PROfounders Capital Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veri

Veri has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Oura, Accel and PROfounders Capital Partners. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
VC firm investing in Europe
Founded Year Domain Location
Early-stage venture capital is invested in European startups across sectors.
Founded Year Domain Location
Accel is recognized as a leading venture capital firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veri

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Veri

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veri Comparisons

Employees
+
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Competitors of Veri

Veri 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 Dexcom, Livongo, One Drop, mySugr and Senseonics, 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
Wearable glucose monitoring patches are provided for real-time data tracking.
domain founded_year HQ Location
Provider of smart devices for diabetes management for patients and doctors
domain founded_year HQ Location
Provider of workforce healthcare solutions
domain founded_year HQ Location
Gamified apps for diabetes management and therapy are provided.
domain founded_year HQ Location
Implantable continuous glucose monitoring systems are provided for diabetes management.
domain founded_year HQ Location
Mobile-based diagnostics for diabetes prevention and management are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veri

Frequently Asked Questions about Veri

When was Veri founded?

Veri was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Veri located?

Veri is headquartered in Helsinki, Finland.

Is Veri a funded company?

Veri is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Jun 07, 2021.

What does Veri do?

A personalized metabolic health program is provided by Veri to help users stabilize blood sugar levels and achieve health goals. Guidance on suitable foods and habits is delivered through cutting-edge continuous glucose monitoring and AI-driven meal logging. Insights and daily recommendations are offered to transform health outcomes in the digital health sector, focusing on metabolic health solutions.

Who are the top competitors of Veri?

Veri's top competitors include Dexcom, Senseonics and One Drop.

What products or services does Veri offer?

Veri offers Personalized Metabolic Health Program and Continuous Glucose Monitoring (CGM).

Who are Veri's investors?

Veri has 6 investors. Key investors include Oura, Accel, PROfounders Capital Partners, Lifeline Ventures, and Johannes Schildt.

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