About Verily
Verily is a company based in Dallas (United States) founded in 2015 by Andrew Conrad and Jessica Mega.. Verily has raised $2.5 billion across 5 funding rounds from investors including Swiss Re, Temasek and The Michael J. Fox Foundation. Verily has completed 1 acquisition, including SignalPath. Verily offers products and services including Verily Platform, Workbench, Numetric, Lightpath, and Sightline. Verily operates in a competitive market with competitors including Medidata, IQVIA, TriNetX, Signant Health and WIRB-Copernicus Group, among others.
- Headquarter Dallas, United States
- Founders Andrew Conrad, Jessica Mega
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Verily Life Sciences Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.5 B (USD)
in 5 rounds
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Latest Funding Round
$14.7 M (USD), Grant
Apr 30, 2025
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Investors
Swiss Re
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Verily
Verily offers a comprehensive portfolio of products and services, including Verily Platform, Workbench, Numetric, Lightpath, and Sightline. 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.
Harmonizes healthcare data for AI applications and research workflows
Secure platform for collaborative multimodal data analysis
Tools for precision measurement in medical discoveries
AI-powered care for individuals with chronic conditions
Solutions for monitoring population-level diseases
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Product Management Team
44 people
Sales and Marketing
29 people
Software Development Team
28 people
Creative and Marketing Team
22 people
Data Analysis and Operations Team
20 people
Senior Team
15 people
Leadership Team
14 people
Operations Team
11 people
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Funding Insights of Verily
Verily has successfully raised a total of $2.5B across 5 strategic funding rounds. The most recent funding activity was a Grant round of $14.7 million completed in April 2025. 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 Total Funding
- Total Rounds 5
- Last Round Grant — $14.7M
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First Round
First Round
(26 Jan 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Grant - Verily | Valuation |
investors |
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| Sep, 2022 | Amount | Private Equity Round - Verily | Valuation | Swiss Re |
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| Dec, 2020 | Amount | Private Equity Round - Verily | Valuation | Temasek , Ontario Teachers' Pension Plan |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Verily
Verily has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Swiss Re, Temasek and The Michael J. Fox Foundation. 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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An investment platform is provided for diverse sectors and geographies.
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Founded Year | Domain | Location | |
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Technology investing and private equity firm focused on partnerships.
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Founded Year | Domain | Location | |
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Research for Parkinson's disease is funded by the foundation.
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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 Verily
Verily has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SignalPath. 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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Cloud-based software solutions for clinical research sites are provided.
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2014 |
| 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 - Verily
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Verily Comparisons
Competitors of Verily
Verily 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 Medidata, IQVIA, TriNetX, Signant Health and WIRB-Copernicus Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
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| domain | founded_year | HQ Location |
Clinical research and commercialization solutions are provided for healthcare.
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| domain | founded_year | HQ Location |
Clinical trial management software is provided for researchers and professionals.
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| domain | founded_year | HQ Location |
Signant Health is engaged in providing clinical trial technology solutions.
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| domain | founded_year | HQ Location |
Regulatory and ethical review services for clinical research are provided.
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| 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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Latest news on Verily
Frequently Asked Questions about Verily
When was Verily founded?
Verily was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Verily located?
Verily is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Who is the current CEO of Verily?
Stephen GillettG is the current CEO of Verily.
Is Verily a funded company?
Verily is a funded company, having raised a total of $2.5B across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $700M, raised on Jan 26, 2017.
What does Verily do?
Verily was founded in 2015 and is headquartered in Dallas, United States. Operations center on AI-driven technologies and data science within the healthcare sector. Secure access and analysis of medical data are enabled to support treatment development. Chronic health management and hospital patient solutions are offered, alongside devices such as sensor-based wearables and miniaturized continuous glucose monitors.
Who are the top competitors of Verily?
Verily's top competitors include Medidata, IQVIA and Memora Health.
What products or services does Verily offer?
Verily offers Verily Platform, Workbench, Numetric, Lightpath, and Sightline.
How many acquisitions has Verily made?
Verily has made 1 acquisition, including SignalPath.
Who are Verily's investors?
Verily has 5 investors. Key investors include Swiss Re, Temasek, The Michael J. Fox Foundation, Ontario Teachers' Pension Plan, and Silver Lake.
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