Verifygn

Thiruvananthapuram, India Founded: 2014 • Age: 12 yrs
Provider of application development and AI computer vision services
Annual revenue $5,132 Latest available
Total funding $18,557 1 rounds
Employees 4 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 6 Brand Intelligence

About Verifygn

Verifygn is a company based in Thiruvananthapuram (India) founded in 2014 by Kesava Prasad T D. Verifygn has raised $18.56 thousand across 1 funding round from investors including Sreekumar K, Terence Robert and Pradeep. The company has 4 employees as of April 10, 2024. Verifygn offers products and services including AI-based Vision System and OCR Solutions. Verifygn operates in a competitive market with competitors including Cognex, Berkshire Grey, Bright Machines, Cogniac and LANDING AI, among others.

  • Headquarter Thiruvananthapuram, India
  • Employees 4 as on 10 Apr, 2024
  • Founders Kesava Prasad T D
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verifygntech Private Limited
  • Date of Incorporation 11 Feb, 2019
  • Jurisdiction Trivandrum, Kerala, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $5.13 K (USD)
    0
    as on Mar 31, 2020
  • Net Profit
    -$3.33 K (USD)
    0
    as on Mar 31, 2020
  • EBITDA
    -$3.33 K (USD)
    0
    as on Mar 31, 2020
  • Total Equity Funding
    $18.56 K (USD)

    in 1 rounds

  • Latest Funding Round
    $18.56 K (USD), Angel Round

    Mar 17, 2022

  • Investors

    & 3 more

  • Employee Count
    4

    as on Apr 10, 2024

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Products & Services of Verifygn

Verifygn offers a comprehensive portfolio of products and services, including AI-based Vision System and OCR Solutions.

Product name locked
Category locked
Primary

System for detecting manufacturing defects and ensuring quality control.

Product name locked
Category locked
Locked

Tools for accurate text recognition in challenging industrial conditions.

Funding Insights of Verifygn

Verifygn has successfully raised a total of $18.56K through 1 strategic funding round. The most recent funding activity was a Angel Round of $18.56 thousand completed in March 2022. 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 Verifygn

Verifygn has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Sreekumar K, Terence Robert and Pradeep.

All
Angel
Investor Description Founded Year Domain Location

Sreekumar K

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Terence Robert

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Pradeep

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Investor details for Verifygn

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  • Investor domains
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Investments & Acquisitions by Verifygn

Investments
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Investment portfolio details for Verifygn

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Financial Statements - Verifygn

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Detailed financials for Verifygn

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Verifygn Comparisons

Verifygn Primary company
Description
Provider of application development and AI computer vision s...
Location
Thiruvananthapuram, India
Founded Year
2014
Annual Revenue
$5.13 K (USD)
Net Profit
-$3.33 K (USD)
EBITDA
-$3.33 K (USD)
Employees
4
As of 2024
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Peer comparison for Verifygn

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Competitors of Verifygn

Verifygn 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 Cognex, Berkshire Grey, Bright Machines, Cogniac and LANDING AI, among others.

Company Name Domain Founded year HQ Location Description
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Machine vision systems are developed for industrial automation and tracking.
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Automated material handling robot solutions are provided.
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Full-stack automation solutions for electronics manufacturing are provided.
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AI-based platform is utilized for managing visual operations in businesses.
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AI-based platform for identifying defects
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Autonomous machine vision systems for quality inspection are provided.
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Detailed competitors of Verifygn

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Latest news on Verifygn

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Complete news archive for Verifygn

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Frequently Asked Questions about Verifygn

Verifygn was founded in 2014 and raised its 1st funding round 8 years after it was founded.

Verifygn is headquartered in Thiruvananthapuram, India. It is registered at Thiruvananthapuram, Kerala, India.

Verifygn is a funded company, having raised a total of $18.56K across 1 funding round to date.

As of Apr 10, 2024, the latest employee count at Verifygn is 4.

Annual revenue of Verifygn is $5.13K as on Mar 31, 2020.

Verifygn was established in 2014 in Thiruvananthapuram, India, by founder Kesava Prasad T D. Operations focus on the technology sector, where application development and AI computer vision services are delivered. These services support various software solutions and vision-based technologies. The company maintains its base in India, serving clients through custom development and AI integrations in the digital space.

Verifygn's top competitors include Cognex, Berkshire Grey and Bright Machines.

Verifygn offers AI-based Vision System and OCR Solutions.

Verifygn has 4 investors. Key investors include Sreekumar K, Terence Robert, Pradeep, and Krishnan VS.

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