Verian Technologies

Charlotte, United States Founded: 1997 • Age: 29 yrs Acquired By Basware
Purchasing and invoice processing software solutions are offered.

About Verian Technologies

Verian Technologies is a Technology company based in Charlotte (United States) founded in 1997, and was acquired by Basware in March 2016. It operates as a purchasing and invoice processing software solutions are offered. Verian Technologies has raised $13 million across 1 funding round from investors including Basware, TCV and Allegra Partners. The company has 84 employees. Its website verian.com draws about 99 thousand monthly visits. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its legal entity is VERIAN TECHNOLOGIES, LLC. Its competitors include Razorpay, Bill.com, Konfío, AvidXchange and Zaggle and 5 more; 10 of its 10 listed competitors have raised funding.

Company details

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.

  • Headquarters Charlotte, United States
  • Employees 84
  • Sectors
    Technology
  • Website category Business and Consumer Services · Business Services
  • Website verian.com
  • Social LinkedIn X Facebook
  • Acquired by Basware (Mar 2016)
  • Legal Name Verian Technologies, Llc
Key Metrics
  • Total Equity Funding
    $13M (USD)

    in 1 rounds

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

    May 2000

  • Investors
    Basware

    & 2 more

  • Employee Count
    84
  • Acquired by
    Basware

    (Mar 2016)

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.

  • Total Funding $13M
  • Total Rounds 1
  • Last Round Series B — $13M
  • First Round $13M

    (May 2000)

  • Investors Count 2

All 1 funding rounds of Verian Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2000$13MSeries B–TCV
Valuation history

3 investors in total: 3 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Venture capital is invested in global technology companies by TCV.
–tcv.comMenlo Park, United States
-
–allegrapartners.com-
Cloud and AI-based purchase-to-pay solutions are provided to businesses.
1985basware.comEspoo, Finland
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Investor details for Verian Technologies

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People of Verian Technologies

226 people are tracked at Verian Technologies (68 in leadership, 158 in team); the tracked headcount is 84.

NameRoleGroup
Arun Kumar
Chief Product ArchitectLeadership
Gustav Gnosspelius
Director Global ComplianceLeadership
Prateek Arora
Talent Acquisition PartnerLeadership
Rebecca Bermingham
HR Business Partner & Operations ManagerLeadership
Adoum Namde
Vice President Of Professional ServicesLeadership
Lovedeep Behl
Senior Talent Acquisition Partner | R&d, Technology & Leadership HiringLeadership
Andrew Fuhrmann
Vice President Of Customer Success - North America & APACLeadership
Monique Serné
Human Resources DirectorLeadership
Manuela Nistor
Chief Product OwnerLeadership
Mihaela Grosu
Customer Success DirectorLeadership
Marko Malmberg
Director, Portfolio ManagementLeadership
Hanna Ikonen
Vice President Of Customer Success EAMELeadership
Leigh Celones
Product & Content Marketing DirectorLeadership
Jenny Cleary
Marketing Director, Global Demand GenerationLeadership
Olav Maas
Vice President Of Product ManagementLeadership
Franck Berdat
Chief Customer Support OfficerLeadership
Katie Colbourne
Director, Marketing. Global Demand Generation Campaigns And Paid MediaLeadership
Christopher Blake
Senior Vice President Marketing And Corporate StrategyLeadership
Abs Hassanali
Global Head Of PR & CommunicationsLeadership
Marie Auzanneau
Regional Marketing Director, EMEA & APACLeadership

206 more people are available in the full profile.

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Timeline of Verian Technologies

3 dated milestones of Verian Technologies across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Verian Technologies is founded.
  2. Funding First funding round of $13.0M.
  3. Exit Acquired by Basware.

Competitors of Verian Technologies

Verian Technologies has 10 listed competitors in our database, 10 of them funded. They include Razorpay, Bill.com, Konfío, AvidXchange and Zaggle, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
razorpay.com2014Bengaluru, India$742M2,641
Payment and business banking solutions are provided for enterprises.
bill.com2006Palo Alto, United States$325.6M1,384
Cloud-based accounts payable and receivable software for businesses
konfio.mx2014Miguel Hidalgo, Mexico$378M–
Financial solutions platform provider
avidxchange.com2000Charlotte, United States$1.18B1,714
Accounts payable and payment automation solutions are offered for businesses.
zaggle.in2011Hyderabad, India$13.75M440
Business spends, payments, and rewards are streamlined by automated workflows.
ziphq.com2020San Francisco, United States$333.28M218
Cloud-based purchase approval management software is provided for businesses.
getnelly.de2021Berlin, Germany$71.64M46
Digital administrative tasks and billing management tools for providers
stampli.com2014Mountain View, United States$145M30
Cloud-based accounts payable automation is delivered for businesses.
payground.com2010Gilbert, United States$29.33M–
Cloud-based invoice payment solutions are provided to businesses.
levelset.com2005New Orleans, United States$48.44M138
Levelset is focused on construction payment and lien rights management.
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Detailed competitors of Verian Technologies

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Verified entity values are shown only after access is granted.

Web traffic of Verian Technologies

The website of Verian Technologies (verian.com) receives about 98.6K visits a month and ranks #381,681 among all websites worldwide, #2,894 in Business Services.

  • Monthly visits
    98.6K

    ▲ 89.5% vs previous month

  • Unique visitors
    10K

    per month

  • Global rank
    #381,681

    among all websites

  • Category rank
    #2,894

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with Verian Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
purchasingnet.com
100%
––View details
arenasolutions.com
83%
122.5K#358,730View details
ariba.com
76%
10.3M#2,464View details
perfect.com
74%
––View details
tecsys.com
73%
32.6K#766,925View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 17 similar websites and full traffic analytics for Verian Technologies

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  • 17 similar websites
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Verified entity values are shown only after access is granted.

Top companies in Finance & Accounting Applications

10 companies that operate in the same segment as Verian Technologies (Finance & Accounting Applications), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Financial and accounting software is developed for businesses and individuals.
1983Mountain View, California, United StatesUSD 49.62 MUSD 21.45 B18,200
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.06 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Subscription-based online banking is offered to SMEs and freelancers.
2017Paris, FranceUSD 717.15 M––
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Payflow is recognized as a financial wellness application for employees.
2020Alcobendas, Comunidad De Madrid, SpainUSD 58.23 M––
Cloud-based HR and payroll solutions are offered for small businesses.
2012San Francisco, California, United StatesUSD 718.35 M––
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Related news about Verian Technologies

Verian co-founder named chairman
Bizjournals • 26 years ago
Verian wins funding to add staffers
Bizjournals • 26 years ago
Verian adds asset tracking
Bizjournals • 26 years ago
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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. The company's 1st funding round was a Series B of $13M, raised on May 2000.

Verian Technologies has 84 employees.

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.

Verian Technologies operates through Verian Technologies, Llc.

Yes. Verian Technologies was acquired by Basware in March 2016.

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