About Veritas
Veritas is a company based in Houston (United States) founded in 2011 was acquired by Oliver Wyman in June 2024. It operates as a Professional Services, and Managed Services. Veritas offers products and services including Commodity Trading Advisory, CTRM Systems Implementation, Digital Technology Solutions, and Managed Services. Veritas operates in a competitive market with competitors including Booz Allen Hamilton, KPMG, SGS, Cognizant and Teneo, among others.
- Headquarter Houston, United States
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Sectors
Business Services
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Website
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Acquired by
Oliver Wyman
(Jun 17, 2024)
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Products & Services of Veritas
Veritas offers a comprehensive portfolio of products and services, including Commodity Trading Advisory, CTRM Systems Implementation, Digital Technology Solutions, and Managed 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.
Advisory services are provided for commodity trading strategies.
CTRM systems are implemented for risk management needs.
Digital solutions are offered for data and analytics.
Managed services are provided for continuous operational support.
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Funding Insights of Veritas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Veritas
Veritas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Oliver Wyman. 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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Insurance risk management services are provided to clients worldwide.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Veritas
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Veritas
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Veritas Comparisons
Competitors of Veritas
Veritas 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 Booz Allen Hamilton, KPMG, SGS, Cognizant and Teneo, 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 |
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Analytics, cybersecurity, and digital transformation services are provided.
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Audit, tax, accounting, strategy, and financial advisory services are provided.
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Product inspection, testing, and digital transformation services are provided.
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Provider of software development, cloud & data management, and IT consulting services
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Business consulting, financial advisory, and crisis management services are provided.
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Brand and marketing consulting solutions provider
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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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 2011.
Where is Veritas located?
Veritas is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
What does Veritas do?
Veritas is focused on providing solutions for commodity trading challenges through advanced analytics and artificial intelligence. Expertise is offered in trading and process advisory, risk management systems, and digital technology solutions. Services are extended to various sectors including energy, natural resources, and financial services. Managed services are provided to ensure continuous support and operational efficiency. Assistance is given to clients for market entry, operational streamlining, and capability improvement, delivering significant business value through tailored program management.
Who are the top competitors of Veritas?
Veritas's top competitors include Booz Allen Hamilton, Teneo and Prophet.
What products or services does Veritas offer?
Veritas offers Commodity Trading Advisory, CTRM Systems Implementation, Digital Technology Solutions, and Managed Services.
Who are Veritas's investors?
Veritas has 1 investor. Key investors include Oliver Wyman.