Verian Technologies

Charlotte, United States Founded: 1997 • Age: 29 yrs Acquired By Basware
Purchasing and invoice processing software solutions are offered.
Annual revenue - Latest available
Total funding $13.0M 1 rounds
Employees 84 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Verian Technologies

Verian Technologies is a company based in Charlotte (United States) founded in 1997 was acquired by Basware in March 2016. Verian Technologies has raised $13 million across 1 funding round from investors including Basware, TCV and Allegra Partners. The company has 84 employees as of December 31, 2016. Verian Technologies operates in a competitive market with competitors including Razorpay, Bill.com, Konfío, AvidXchange and Zaggle, among others.

  • Headquarter Charlotte, United States
  • Employees 84 as on 31 Dec, 2016
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verian Technologies, Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $13 M (USD)

    in 1 rounds

  • Latest Funding Round
    $13 M (USD), Series B

    May 15, 2000

  • Investors
    Basware

    & 2 more

  • Employee Count
    84

    as on Dec 31, 2016

  • Acquired by
    Basware

    (Mar 31, 2016)

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People of Verian Technologies

Headcount 1000-5000
Employee Profiles 226
Employee Profiles
People
Arun Kumar
Chief Product Architect
People
Gustav Gnosspelius
Director Global Compliance
People
Kalle Niemi
Customer Success Manager
People
Prateek Arora
Talent Acquisition Partner

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Funding Insights of Verian Technologies

Verian Technologies has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series B round of $13 million completed in May 2000. 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.

Investors in Verian Technologies

Verian Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Basware, TCV and Allegra Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital is invested in global technology companies by TCV.
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-
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Cloud and AI-based purchase-to-pay solutions are provided to businesses.
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Investor details for Verian Technologies

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Investments & Acquisitions by Verian Technologies

Investments
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Investment portfolio details for Verian Technologies

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Financial Statements - Verian Technologies

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Detailed financials for Verian Technologies

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Verian Technologies Comparisons

Verian Technologies Primary company
Description
Purchasing and invoice processing software solutions are off...
Location
Charlotte, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
84
As of 2016
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Peer comparison for Verian Technologies

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Competitors of Verian Technologies

Verian Technologies 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 Razorpay, Bill.com, Konfío, AvidXchange and Zaggle, among others.

Company Name Domain Founded year HQ Location Description
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Payment and business banking solutions are provided for enterprises.
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Cloud-based accounts payable and receivable software for businesses
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Financial solutions platform provider
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Accounts payable and payment automation solutions are offered for businesses.
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Business spends, payments, and rewards are streamlined by automated workflows.
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Cloud-based purchase approval management software is provided for businesses.
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Detailed competitors of Verian Technologies

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Latest news on Verian Technologies

Verian co-founder named chairman
Bizjournals26 years ago
Verian wins funding to add staffers
Bizjournals26 years ago
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Complete news archive for Verian Technologies

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Frequently Asked Questions about Verian Technologies

Verian Technologies was founded in 1997 and raised its 1st funding round 3 years after it was founded.

Verian Technologies is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

Verian Technologies is a funded company, having raised a total of $13M across 1 funding round to date.

As of Dec 31, 2016, the latest employee count at Verian Technologies is 84.

Verian Technologies offers purchasing and invoice processing software. It offers Purchase Manager, which automates requisition, approval, purchasing, receipts, and reporting of various spending. Invoice Manager, a Web interface that stores, codes, matches, and routes invoices digitally. Expense Manager that automates expense report process provides real-time spending intelligence, and Asset Manager that provides a platform to keep all the assets properly maintained shows the location and warranty status of the assets. Also offers an Inventory and Materials Manager that provides visibility into inventory. Spend Intelligence that gives a detailed view of spending of organizations; and Vendor Connectivity that allows requisitioners to connect directly to vendor catalogs.

Verian Technologies's top competitors include Bill.com, Razorpay and Zaggle.

Verian Technologies has 3 investors. Key investors include Basware, TCV, and Allegra Partners.

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