VerifyMe

New York, United States Founded: 1999 • Age: 27 yrs
Solutions for brand protection and precision logistics are provided.
Annual revenue $24.2M Latest available
Total funding $2.3M 12 rounds
Employees 44 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About VerifyMe

VerifyMe is a company based in New York (United States) founded in 1999. It operates as a Professional Services. VerifyMe has raised $2.26 million across 12 funding rounds. The company has 44 employees as of December 31, 2024. VerifyMe offers products and services including VerifyInk™ and Precision Logistics Solutions. VerifyMe operates in a competitive market with competitors including Digimarc, ScanTrust, Marqvision, TruTag Technologies and Nexite, among others.

  • Headquarter New York, United States
  • Employees 44 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Retail
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Verifyme, Inc.
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $24.21 M (USD)
    -4.37
    as on Dec 31, 2024
  • Net Profit
    -$3.82 M (USD)
    -12.8
    as on Dec 31, 2024
  • EBITDA
    -$863 K (USD)
    60.67
    as on Dec 31, 2024
  • Total Equity Funding
    $2.26 M (USD)

    in 12 rounds

  • Latest Funding Round
    $1.1 M (USD), Post-IPO

    Sep 01, 2023

  • Investors
    Not available
  • Employee Count
    44

    as on Dec 31, 2024

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IPO & Listings of VerifyMe

VerifyMe is a publicly listed company on the NASDAQ with ticker symbol VRME in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: VRME · Sector: Technology services · USA

Products & Services of VerifyMe

VerifyMe offers a comprehensive portfolio of products and services, including VerifyInk™ and Precision Logistics Solutions.

Product name locked
Category locked
Primary

Used as a forensic marker for product authenticity confirmation.

Product name locked
Category locked
Locked

Designed for shipping perishable and non-perishable products efficiently.

People of VerifyMe

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Eric Billon
Business Development France, Benelux
People
Dana O'Connell
Corporate Financial Controller
People
Brenda Little
Account Executive

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Funding Insights of VerifyMe

VerifyMe has successfully raised a total of $2.26M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $1.1 million completed in September 2023. 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.

Investments & Acquisitions by VerifyMe

Investments
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Investment portfolio details for VerifyMe

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Financial Statements - VerifyMe

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Detailed financials for VerifyMe

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Verifyme Comparisons

VerifyMe Primary company
Description
Solutions for brand protection and precision logistics are p...
Location
New York, United States
Founded Year
1999
Annual Revenue
$24.21 M (USD)
Net Profit
-$3.82 M (USD)
EBITDA
-$863 K (USD)
Employees
44
As of 2024
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Peer comparison for VerifyMe

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Competitors of VerifyMe

VerifyMe 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 Digimarc, ScanTrust, Marqvision, TruTag Technologies and Nexite, among others.

Company Name Domain Founded year HQ Location Description
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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Copy-proof QR codes are provided for counterfeiting protection.
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Provider of counterfeiting solutions for e-commerce businesses
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Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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Provider of product authentication counterfeit labels for offline retailers
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Detailed competitors of VerifyMe

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Latest news on Verifyme

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Complete news archive for VerifyMe

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Frequently Asked Questions about VerifyMe

VerifyMe was founded in 1999 and raised its 1st funding round 3 years after it was founded.

VerifyMe is headquartered in New York, United States. It is registered at New York, New York, United States.

VerifyMe is a funded company, having raised a total of $2.26M across 12 funding rounds to date.

As of Dec 31, 2024, the latest employee count at VerifyMe is 44.

Annual revenue of VerifyMe is $24.21M as on Dec 31, 2024.

Brand protection and precision logistics solutions are offered by VerifyMe, Inc. and its subsidiary, PeriShip. Services are focused on product authentication and efficient shipping for perishable and non-perishable goods. Industries such as food and healthcare are primarily served with advanced technology solutions. Counterfeit prevention is addressed through forensic markers like VerifyInk to ensure product authenticity in the market.

VerifyMe's top competitors include Digimarc, Marqvision and TruTag Technologies.

VerifyMe offers VerifyInk™ and Precision Logistics Solutions.

Yes, VerifyMe is publicly traded on NASDAQ under the ticker symbol VRME.

The ticker symbol of VerifyMe is VRME on NASDAQ.

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