Veristat
About Veristat
Veristat is a company based in Southborough (United States) founded in 1994 was acquired by SFL Regulatory Affairs & Scientific Communication in March 2022.. Veristat has completed 9 acquisitions, including Catalyst Regulatory Services, Certus PV and SFL Regulatory Affairs & Scientific Communication. Veristat offers products and services including Strategic Consulting, Regulatory Affairs, Clinical Operations, Medical Writing, and Biometrics. Veristat operates in a competitive market with competitors including Celgene, Syneos Health, Medelis WCCT Global, Emmes and Parexel, among others.
- Headquarter Southborough, United States
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Veristat, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.33 M (USD), Grant
Dec 01, 2021
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
Catalyst Regulatory Services
& 8 more
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Acquired by
SFL Regulatory Affairs & Scientific Communication
(Mar 07, 2022)
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Products & Services of Veristat
Veristat offers a comprehensive portfolio of products and services, including Strategic Consulting, Regulatory Affairs, Clinical Operations, Medical Writing, and Biometrics. 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.
Provides advice for clinical development and adaptive designs.
Manages submissions, agency meetings, and compliance for trials.
Oversees project management and patient recruitment processes.
Creates reports and documents for regulatory and trial needs.
Handles data management, biostatistics, and monitoring committees.
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Funding Insights of Veristat
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $1.3M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Grant - Veristat | Valuation |
investors |
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| Jan, 2013 | Amount | Private Equity Round - Veristat | Valuation | Variance Development Partners |
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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 Veristat
Veristat has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, SFL Regulatory Affairs & Scientific Communication and Variance Development Partners. 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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US private equity investments are managed by Variance Development Partners.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Consulting services in regulatory affairs and scientific communication are provided.
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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 Veristat
Veristat has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Catalyst Regulatory Services, Certus PV and SFL Regulatory Affairs & Scientific Communication. 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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Pharmacovigilance services are delivered by Certus PV as a CRO.
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2014 | ||||
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Clinical operations support is provided for oncology trials.
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2014 | ||||
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Togel Hongkong lottery results are provided by Toto HK.
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2013 |
| 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 - Veristat
| 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 |
Veristat Comparisons
Competitors of Veristat
Veristat 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 Celgene, Syneos Health, Medelis WCCT Global, Emmes and Parexel, 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 |
Therapies for cancer and inflammatory diseases are developed.
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| domain | founded_year | HQ Location |
CRO clinical development services are provided by Syneos Health.
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| domain | founded_year | HQ Location |
Full-service CRO expertise in influenza and oncology research is offered.
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| domain | founded_year | HQ Location |
Outsourced contract research organization services are provided to clients.
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| domain | founded_year | HQ Location |
Full-service clinical research organization services are provided globally by Parexel.
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| domain | founded_year | HQ Location |
Global full-service CRO services are delivered in over 80 countries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Veristat
Frequently Asked Questions about Veristat
When was Veristat founded?
Veristat was founded in 1994 and raised its 1st funding round 19 years after it was founded.
Where is Veristat located?
Veristat is headquartered in Southborough, United States. It is registered at Southborough, Massachusetts, United States.
What does Veristat do?
Veristat is a clinical research organization (CRO) supporting clinical trials and regulatory submissions for pharmaceutical, biotechnology, and medical device companies. Its clinical development services include biostatistics, statistical programming, medical writing, clinical monitoring, project management and data management for a single study or an entire clinical program. It also provides services in preparation of integrated summary documents and submission-ready CDISC data for regulatory filings. In May 2016, Veristat acquired UK-based CRO Spero Oncology for an undisclosed amount. The company was recognized for the second consecutive year as one of the top 50 fastest-growing private companies in Massachusetts.
Who are the top competitors of Veristat?
Veristat's top competitors include Emmes, Syneos Health and ClinChoice.
What products or services does Veristat offer?
Veristat offers Strategic Consulting, Regulatory Affairs, Clinical Operations, Medical Writing, and Biometrics.
How many acquisitions has Veristat made?
Veristat has made 9 acquisitions, including Catalyst Regulatory Services, Certus PV, and SFL Regulatory Affairs & Scientific Communication.
Who are Veristat's investors?
Veristat has 3 investors. Key investors include European Union, SFL Regulatory Affairs & Scientific Communication, and Variance Development Partners.
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