About Veriforce
Veriforce is a company based in Mandeville (United States) founded in 1993 was acquired by Thoma Bravo in November 2018. It operates as a SaaS (Software-as-a-Service), Subscription Services, and Two-Sided Marketplace. Veriforce has completed 1 acquisition, including Veriforce. Veriforce offers products and services including Contractor Management, Operator Qualification (OQ), Learning Management, Worksite Management, and ESG Solutions.
- Headquarter Mandeville, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Veriforce®
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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
- Investments & Acquisitions
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Acquired by
Thoma Bravo
(Nov 30, 2018)
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Products & Services of Veriforce
Veriforce offers a comprehensive portfolio of products and services, including Contractor Management, Operator Qualification (OQ), Learning Management, Worksite Management, and ESG Solutions. 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.
Compliance of contractors is monitored and managed effectively.
Defensible programs for operator qualification are developed systematically.
Training requirements are implemented for workforce development purposes.
Correct work practices are ensured at worksites consistently.
Environmental, social, governance mandates are created and implemented.
Funding Insights of Veriforce
| 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 Veriforce
Veriforce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Thoma Bravo. 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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Software and technology-enabled services companies are targeted for investment.
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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 Veriforce
Veriforce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Veriforce. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of audit, training & consulting, and IT services
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veriforce
| 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 |
Veriforce Comparisons
Competitors of Veriforce
| 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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Frequently Asked Questions about Veriforce
When was Veriforce founded?
Veriforce was founded in 1993.
Where is Veriforce located?
Veriforce is headquartered in Mandeville, United States. It is registered at Mandeville, Louisiana, United States.
Who is the current CEO of Veriforce?
Colby Lane is the current CEO of Veriforce.
What does Veriforce do?
Comprehensive supply chain risk management solutions are offered by Veriforce to hiring clients and contractors across various high-hazard industries. Services are extended to sectors such as oil and gas, construction, manufacturing, and utilities. Contractor compliance, operator qualification, worksite safety, and training programs are managed through a unified platform. Global operations are supported in over 140 countries with multilingual capabilities. Sustainability and ESG mandates are integrated into solutions for safer and more compliant workplaces. Advanced technology, predictive analytics, and integrations are utilized to streamline processes and enhance decision-making for clients.
What products or services does Veriforce offer?
Veriforce offers Contractor Management, Operator Qualification (OQ), Learning Management, Worksite Management, and ESG Solutions.
How many acquisitions has Veriforce made?
Veriforce has made 1 acquisition, including Veriforce.
Who are Veriforce's investors?
Veriforce has 1 investor. Key investors include Thoma Bravo.