Verivo

Waltham, United States Founded: 1998 • Age: 28 yrs Acquired By Appery
Wireless applications are developed for financial services and insurance mobility.

About Verivo

Verivo is a company based in Waltham (United States) founded in 1998 was acquired by Appery in June 2015. Verivo has raised $24.98 million across 5 funding rounds from investors including Commonwealth Capital Ventures, Ascent Venture Partners and Egan-Managed Capital. The company has 19 employees. Verivo offers products and services including Cloud & DevOps, Software Architecture, and Digital Product Design. Verivo operates in a competitive market with competitors including Sage Group, Acumatica, The Access Group, MYOB and Exact, among others.

  • Headquarter Waltham, United States
  • Employees 19
  • Sectors
    Technology
  • Website verivo.com
  • Social LinkedIn X
  • Acquired by Appery (Jun 2015)
Key Metrics
  • Total Equity Funding
    $24.98M (USD)

    in 5 rounds

  • Latest Funding Round
    $1.75M (USD), Debt – Conventional

    Dec 2013

  • Investors
  • Employee Count
    19
  • Acquired by
    Appery

    (Jun 2015)

Products & Services of Verivo

Verivo offers a comprehensive portfolio of products and services, including Cloud & DevOps, Software Architecture, and Digital Product Design.

Cloud & DevOps
Cloud Services

Enhances agility through cloud strategies and DevOps practices for businesses.

Software Architecture
Development Services

Focuses on device strengths for secure and efficient software design.

Digital Product Design
Design Services

Improves function, usability, and aesthetics for digital products.

Funding Insights of Verivo

Verivo has successfully raised a total of $24.98M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.75 million completed in December 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 $24.98M
  • Total Rounds 5
  • Last Round Debt – Conventional β€” $1.75M
  • First Round $1.95M

    (Dec 2007)

  • Investors Count 4

All 5 funding rounds of Verivo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2013$1.75MDebt – Conventional––
–
Apr 2013$4.03MSeries A–Ascent Venture Partners, Egan-Managed Capital
Jan 2012$17MSeries A–Commonwealth Capital Ventures
Jun 2010$2MUnspecified–BPEA
Dec 2007$1.95MUnspecified––
Valuation history

5 investors in total: 5 institutional.

Investors in Verivo

Verivo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Commonwealth Capital Ventures, Ascent Venture Partners and Egan-Managed Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Tech & offline focused VC firm investing in early & growth stage startups in the US
–commonwealthvc.comWoburn, United States
US focused early-stage VC firm
–ascentvp.comBedford, United States
Family office investing in early-stage startups
–egancapital.comBoston, United States
A private equity firm based in Boston is operated.
–bpea-pe.comBoston, United States
Low-code platform for building hybrid mobile, web, and PWA apps quickly.
2014appery.ioConcord, United States
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Investor details for Verivo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of Verivo

10 people are tracked at Verivo (2 in leadership, 8 in team); the tracked headcount is 19.

NameRoleGroup
Phil Bishop
President and CEOLeadership
John Brodin
Director Information TechnologyLeadership
Surinder Bindra
EVP Business DevelopmentTeam
Reginald Lemmons
applications engineerTeam
Huski Hudson
System adminTeam
Chuck Booth
Regional Sales Manager - Northeast & CanadaTeam
David Patrick
SVP, TechnologyTeam
Nikki Pall
Product Manager of Sales & DistributionTeam
Orient Attila
sales managerTeam
Clint C. Arroyo
conceptor of network officeTeam
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Complete people profiles for Verivo

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Verivo

4 dated milestones of Verivo across 17 years, from founding to its latest funding, stage changes and deals.

  1. Founded Verivo is founded.
  2. Funding First funding round of $1.9M.
  3. Funding Latest funding round, Debt – Conventional, of $1.8M.
  4. Exit Acquired by Appery.

Competitors of Verivo

Verivo 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 Sage Group, Acumatica, The Access Group, MYOB and Exact, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sage.com1981United States–1,877
Cloud-based accounting and payroll solutions for small and medium businesses
acumatica.com2008Kirkland, United States$48.3M151
Cloud-based ERP software is offered for small and medium enterprises.
theaccessgroup.com1991Loughborough, United Kingdom$1.49B13,107
Cloud-based ERP software is offered for multiple industries.
myob.com1991Cremorne, Australia––
Cloud-based accounting and ERP software is provided for businesses.
exact.com1984Delft, Netherlands–249
ERP services for small to medium-sized businesses are provided.
omie.com.br2013Sao Paulo, Brazil$138.04M–
Cloud-based ERP and CRM solutions are provided for SMBs.
deskera.com2008New York, United States$120M63
All-in-one ERP and accounting software is provided for SMBs.
holded.com2016Barcelona, Spain$26.48M–
Cloud-based tools for business management and operations are offered.
singleops.com2013Atlanta, United States$82.6M29
CRM software solutions are provided for field service companies.
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Detailed competitors of Verivo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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  • Operating metrics
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Web traffic of Verivo

Websites that share an audience with Verivo (verivo.com).

Similar websites

Websites whose visitors overlap most with Verivo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
kony.com
100%
37.9K#859,443View details
sap.com
83%
15M#3,427View details
movilizer.com
76%
66.2K#578,856View details
stackoverflow.com
76%
45.7M#1,565View details
moboplayer.com
47%
––View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Verivo

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 10 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Verivo

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Complete news archive for Verivo

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Verivo

10 companies that operate in the same segment as Verivo (Enterprise Resource Planning), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based ERP software is offered for multiple industries.
1991Loughborough, England, United KingdomUSD 1.49 B––
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B20,400
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Cloud-based ERP software is provided for automotive and manufacturing sectors.
1972Austin, Texas, United StatesUSD 229.28 M–834
Cloud-based ERP software is provided for project-driven organizations.
1983Herndon, Virginia, United StatesUSD 107.08 M––
Cloud-based ERP software is offered for multiple industries.
2002New York, New York, United StatesUSD 1.52 B––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Cloud-based accounting and payroll solutions for small and medium businesses
1981United States–USD 4.54 M–
Cloud-based ERP software is delivered for multiple industries.
1998Redwood City, California, United StatesUSD 119.92 M––
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Frequently Asked Questions about Verivo

Verivo was founded in 1998 and raised its 1st funding round 9 years after it was founded.

Verivo is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Verivo is a funded company, having raised a total of $24.98M across 5 funding rounds to date. The company's 1st funding round was a Unspecified of $1.95M, raised on Dec 2007.

Verivo has 19 employees.

Verivo offers wireless software applications for the financial services and insurance industries. The company offers wireless business applications, a library of third-party content, and an application studio for the creation of mobility configurations. Its applications enable financial professionals to extend business data from internal enterprise systems to the mobile devices. The companys solutions enable organizations to modernize, transform, and improve their mobile professionals workflow, as well as provide wireless access to enterprise data, a line-of-business configurations, and company wide mobility support. It serves investment management, wealth management, investment banking, private equity, and hedge funds markets; life insurance, property and casualty, and health insurance markets; and consumer banking, commercial banking, and lending markets, as well as for software vendors, information providers, and original equipment manufacturers. Verivo was formerly known as Pyxis. The company was founded in 1998 and is headquartered in Waltham, Massachusetts with additional offices in Boston, New York, and Chicago.

Verivo's top competitors include The Access Group, Sage Group and Acumatica.

Verivo offers Cloud & DevOps, Software Architecture, and Digital Product Design.

Yes. Verivo was acquired by Appery in June 2015.

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