Vero S

Cheltenham, United Kingdom Founded: 1988 • Age: 38 yrs Acquired By Hexagon
Provider of CAD CAM software solution
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About Vero S

Vero S is a company based in Cheltenham (United Kingdom) founded in 1988 by Ezio Galardo was acquired by Hexagon in July 2014.. The company has 589 employees as of December 31, 2013. Vero S offers products and services including ALPHACAM, CABINET VISION, EDGECAM, JAVELIN MRP, and MACHINING STRATEGIST. Vero S operates in a competitive market with competitors including CloudNC, Mastercam, Cimatron, OPEN MIND Technologies and GibbsCAM, among others.

  • Headquarter Cheltenham, United Kingdom
  • Employees 589 as on 31 Dec, 2013
  • Founders Ezio Galardo
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vero Software Limited
  • Date of Incorporation 05 Nov, 1997
  • Jurisdiction COBHAM, SURREY, UNITED KINGDOM
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $314.14 K (USD), Grant

    Oct 01, 2016

  • Investors
    Hexagon

    & 1 more

  • Employee Count
    589

    as on Dec 31, 2013

  • Acquired by
    Hexagon

    (Jul 21, 2014)

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Products & Services of Vero S

Vero S offers a comprehensive portfolio of products and services, including ALPHACAM, CABINET VISION, EDGECAM, JAVELIN MRP, and MACHINING STRATEGIST. 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.

Primary

Software for wood, stone, and composite machining processes.

Automates furniture and cabinet manufacturing workflows efficiently.

Enables milling, turning, and EDM for production environments.

Manages production planning and control in manufacturing.

Provides high-speed machining strategies for roughing and finishing.

Handles wire EDM and laser trimming for precision cutting.

Optimizes design and manufacturing of sheet metal products.

Creates reliable toolpaths for jobshop production needs.

Manages stamping processes in a paperless manufacturing environment.

Integrates modeling and milling for mold and tooling industries.

Automatic CAM for complex 3D models in milling applications.

Multi-axis machining software for dental industry solutions.

High-speed viewer and analyzer for 3D models and formats.

Funding Insights of Vero S

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $314,144
  • First Round

    (01 Oct 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2016 Amount Grant - Vero S 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

Investors in Vero S

Vero S has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hexagon and European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Hexagon is recognized for delivering advanced measurement and automation technologies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vero S

Investments
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 - Vero S

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Vero S Comparisons

Employees
+
Add Comparison
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Competitors of Vero S

Vero S 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 CloudNC, Mastercam, Cimatron, OPEN MIND Technologies and GibbsCAM, 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
CNC machines are controlled and optimized through cloud-based AI solutions.
domain founded_year HQ Location
CAM software for CNC programming and multi-tool operations is offered.
domain founded_year HQ Location
3D modeling and CAD/CAM software are supplied for manufacturing processes.
domain founded_year HQ Location
CAD CAM software for 2d 3d 5-axis milling
domain founded_year HQ Location
CAM software is utilized for CNC machine programming by GibbsCAM.
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.

Latest news on Vero S

Updates made to latest version of WorkXplore
Machinery-Market7 years ago
Updated on-line help for CAD file viewer
Machinery-Market7 years ago

Frequently Asked Questions about Vero S

When was Vero S founded?

Vero S was founded in 1988 and raised its 1st funding round 28 years after it was founded.

Where is Vero S located?

Vero S is headquartered in Cheltenham, United Kingdom. It is registered at Cheltenham, Gloucestershire, United Kingdom.

How many employees does Vero S have?

As of Dec 31, 2013, the latest employee count at Vero S is 589.

What does Vero S do?

Vero Software develops and distributes software for aiding the design and manufacturing processes, providing solutions for the tooling, production engineering, sheet metal, metal fabrication, stone and woodworking industries. The companys brands include Alphacam, Cabinet Vision, Edgecam, Machining, STRATEGIST, PEPS, Radan, SMIRT, SURFCAM, VISI, and WorkNC, along with the production control MRP system Javelin. Vero Software is part of Hexagon (Nordic exchange: HEXA B), a global provider of design, measurement and visualization technologies that enable customers to design, measure and position objects, and process and present data.

Who are the top competitors of Vero S?

Vero S's top competitors include CloudNC, Mastercam and Cimatron.

What products or services does Vero S offer?

Vero S offers ALPHACAM, CABINET VISION, EDGECAM, JAVELIN MRP, and 6 more products and services.

Who are Vero S's investors?

Vero S has 2 investors. Key investors include Hexagon, and European Union.

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