Verity

Kirkland, United States Founded: 2002 • Age: 24 yrs Acquired By Express Scripts
Healthcare technology solutions are provided for pharmacy supply chain management.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Verity

Verity is a company based in Kirkland (United States) founded in 2002 was acquired by Express Scripts in October 2019. It operates as a SaaS (Software-as-a-Service) and Managed Services. Verity offers products and services including VERISAVE Purchase Optimization, FUSEBOX 340B Alternative Distribution, and VHUB for Contract Pharmacies. Verity operates in a competitive market with competitors including Wellpartner, Pharmaceutical Strategies Group, Equiscript, PharMedQuest and doc&i, among others.

  • Headquarter Kirkland, United States
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Legal Name Verity Solutions Group, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Express Scripts

    (Oct 02, 2019)

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Products & Services of Verity

Verity offers a comprehensive portfolio of products and services, including VERISAVE Purchase Optimization, FUSEBOX 340B Alternative Distribution, and VHUB for Contract Pharmacies.

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Primary

Purchase optimization is provided for healthcare pharmacy savings.

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Alternative distribution solutions are offered for 340B program compliance.

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Centralized management platform is designed for contract pharmacy operations.

People of Verity

Headcount 50-200
Employee Profiles 30
Employee Profiles
People
Jimmy Thongoulay
Accountant
People
Payton Glasoe
Senior Accountant
People
Rosalinda Morales
340b Accounts Manager
People
Lauren Schroeder
340b Account Manager

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Funding Insights of Verity

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Detailed funding history for Verity

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

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Investors in Verity

Verity has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Cigna Healthcare and Express Scripts.

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Institutional
Investor Description Founded Year Domain Location
Pharmacy benefit management services are delivered through SaaS platforms.
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Health insurance, dental plans, and Medicare coverage are provided.
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Investor details for Verity

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Verity

Investments
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Investment portfolio details for Verity

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Verity

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Detailed financials for Verity

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  • Profit trends
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Verity Comparisons

Verity Primary company
Description
Healthcare technology solutions are provided for pharmacy su...
Location
Kirkland, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Verity

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Competitors of Verity

Verity 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 Wellpartner, Pharmaceutical Strategies Group, Equiscript, PharMedQuest and doc&i, among others.

Company Name Domain Founded year HQ Location Description
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340B contract pharmacy programs and management services are provided.
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Pharmacy intelligence platform and clinical consulting services are provided.
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Provider of pharmacy management services
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Medical benefit management for specialty healthcare is developed.
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Cloud-based prescription transparency software
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Delivers tools for managing 340B programs in pharmacies.
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Detailed competitors of Verity

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Latest news on Verity

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Complete news archive for Verity

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Frequently Asked Questions about Verity

Verity was founded in 2002.

Verity is headquartered in Kirkland, United States. It is registered at Kirkland, Washington, United States.

Innovative technology and services are delivered by Verity to empower pharmacy supply chain partners. Efficiency and financial success are enhanced for healthcare facilities, 340B covered entities, and contract pharmacies. Solutions including inventory management, purchase optimization, and 340B program support are offered. The focus is placed on serving hospitals, clinics, and community health centers. A cloud-based platform with robust security measures is utilized to ensure data protection and user accessibility. Comprehensive support is extended through dedicated account managers and training specialists.

Verity's top competitors include Pharmaceutical Strategies Group, Wellpartner and PharMedQuest.

Verity offers VERISAVE Purchase Optimization, FUSEBOX 340B Alternative Distribution, and VHUB for Contract Pharmacies.

Verity has 2 investors. Key investors include Cigna Healthcare, and Express Scripts.

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