About Veritide
Veritide is a company based in Christchurch (New Zealand) founded in 2005.. Veritide has raised $1.5 million across 1 funding round. Veritide offers products and services including BluLine Portable Fecal Detector. Veritide operates in a competitive market with competitors including Inspecto, Crystal Diagnostics, Unisensor, Fresh Detect and Diagenetix, among others.
- Headquarter Christchurch, New Zealand
-
Sectors
ConsumerAgriculture
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Veritide Limited
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1.5 M (USD)
in 1 rounds
-
Latest Funding Round
$1.5 M (USD), Series B
Oct 24, 2013
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Veritide
Veritide offers a comprehensive portfolio of products and services, including BluLine Portable Fecal Detector. 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.
Portable scanner for real-time faecal contamination screening in meat processing.
Funding Insights of Veritide
Veritide has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $1.5 million completed in October 2013. 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 1
- Last Round Series B — $1.5M
-
First Round
First Round
(24 Oct 2013)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Series B - Veritide | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Veritide
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Veritide
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veritide Comparisons
Competitors of Veritide
Veritide 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 Inspecto, Crystal Diagnostics, Unisensor, Fresh Detect and Diagenetix, 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 |
Solutions for pesticide detection in food and drinks are developed.
|
|
| domain | founded_year | HQ Location |
Patented biosensors for detecting pathogens in food produce are developed.
|
|
| domain | founded_year | HQ Location |
Contamination testing kits for farm produce diagnosis are manufactured.
|
|
| domain | founded_year | HQ Location |
Manufactures and supplies handheld sensors for analyzing microbiological quality in food.
|
|
| domain | founded_year | HQ Location |
Real-time DNA amplification technology is developed for mobile diagnostics.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Veritide
When was Veritide founded?
Veritide was founded in 2005 and raised its 1st funding round 8 years after it was founded.
Where is Veritide located?
Veritide is headquartered in Christchurch, New Zealand.
Is Veritide a funded company?
Veritide is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Series B of $1.5M, raised on Oct 24, 2013.
What does Veritide do?
Veritide was established in 2005 in Christchurch, New Zealand, within the biotechnology sector focused on food safety. Optical hand-held devices are offered for non-contact detection of feces on meat carcasses, enumeration of bacteria in liquids, assessment of water quality, analysis of food contaminants, validation of surface hygiene, counting of bacterial spores, biohazard identification, and medical diagnostics. Operations emphasize rapid, non-invasive testing methods for various applications.
Who are the top competitors of Veritide?
Veritide's top competitors include Inspecto, Crystal Diagnostics and Unisensor.
What products or services does Veritide offer?
Veritide offers BluLine Portable Fecal Detector.