About Veritas
Veritas is a company based in Turku (Finland) founded in 1905 was acquired by Aktia in December 2006. It operates as a Subscription Services. Veritas offers products and services including TyEL Insurance, YEL Insurance, and Work Ability Services.
- Headquarter Turku, Finland
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Työeläkeyhtiö Veritas
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Products & Services of Veritas
Veritas offers a comprehensive portfolio of products and services, including TyEL Insurance, YEL Insurance, and Work Ability Services. 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.
TyEL insurance is provided for employee pension coverage.
YEL insurance is offered for self-employed pension security.
Work ability services are included in TyEL insurance.
Funding Insights of Veritas
| 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 Veritas
Veritas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aktia. 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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Banking and asset management services are provided by Aktia.
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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 Veritas
| 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 |
Financial Statements - Veritas
| 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 |
Veritas Comparisons
Competitors of Veritas
| 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 Veritas
Frequently Asked Questions about Veritas
When was Veritas founded?
Veritas was founded in 1905.
Where is Veritas located?
Veritas is headquartered in Turku, Finland. It is registered at Turku, Varsinais-suomi, Finland.
Who is the current CEO of Veritas?
Carl Pettersson is the current CEO of Veritas.
What does Veritas do?
Veritas is established as a pension insurance company in Finland, offering TyEL insurance for employees and YEL insurance for self-employed individuals. Services are extended to include work ability and rehabilitation support for employers and employees. The company operates within the financial sector, focusing on pension security and employee well-being solutions. Additionally, real estate services such as commercial spaces and rental apartments are managed with a commitment to sustainability.
What products or services does Veritas offer?
Veritas offers TyEL Insurance, YEL Insurance, and Work Ability Services.
Who are Veritas's investors?
Veritas has 1 investor. Key investors include Aktia.