About Vero
Vero is a Financial Services company based in New York (United States) founded in 2020 by John Mizzi. Asset-based lending solutions are provided through modern infrastructure technology. It operates on a SaaS (Software-as-a-Service) and Managed Services model in Financial Services and Transportation, Automotive & Logistics sectors. Vero has raised $8.5 million across 2 funding rounds from investors including Sopra Steria, Independent Community Bankers of America and RevTech Labs. The company has 16 employees. Its chief executive, as recorded, is John Mizzi. Vero offers products and services including VeroOS Platform, Business Process Outsourcing, Risk Management System, and Title Management System. Its focus areas include Asset Financing and Lending Solutions. Its legal entity is Vero Finance Technologies, Inc. Its competitors include AutoFi, CarPay and Vitu; 2 of its 3 listed competitors have raised funding.
Company details
Comprehensive asset financing solutions are delivered by Vero through the VeroOS platform, a modular and scalable system for managing the lending lifecycle. Services are extended to banks, captive finance companies, independent lenders, auctions, and OEMs with tailored tools for credit underwriting, title management, and risk monitoring. Business process outsourcing is also offered to streamline operations. Integration with industry-leading tools ensures seamless functionality across ecosystems. The focus is placed on modernizing lending operations and supporting scalable growth in the financial sector.
- Headquarters New York, United States
- Employees 16
- Founders John Mizzi
- SectorsFinancial ServicesTransportation, Automotive & Logistics
- Phone•••• ••••
- Website vero-technologies.com
- Social LinkedIn
- Legal Name Vero Finance Technologies, Inc.
- Total Equity Funding$8.5M (USD)
in 2 rounds
- InvestorsSopra Steria
& 6 more
- Employee Count16
Products & Services of Vero
Vero offers a comprehensive portfolio of products and services, including VeroOS Platform, Business Process Outsourcing, Risk Management System, and Title Management System.
Integrated solution for managing entire lending lifecycle efficiently.
Outsourced lending operations to focus on strategic growth.
Real-time analytics for proactive risk identification and mitigation.
Automated system for title intake, verification, and tracking.
Funding Insights of Vero
Vero has successfully raised a total of $8.5M across 2 strategic funding rounds. 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 $8.5M
- Total Rounds 2
- First Round $8.5M
(Sep 2023)
- Investors Count 7
All 2 funding rounds of Vero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | Series A | – | RevTech Labs | – | |
| Sep 2023 | $8.5M | Series A | – | BankTech Ventures |
7 investors in total: 7 institutional.
Investors in Vero
Vero has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Sopra Steria, Independent Community Bankers of America and RevTech Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| revtechlabs.co | ||||
| banktechventures.com | ||||
Loans and credit solutions are provided by Arcadia Funds. | arcadiafunds.com | Burlington, United States | ||
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | ||
Venture capital firm focused on fintech, healthcare, consumer, enterprise software, and deep tech sectors | aaf.vc | Washington, Dc, United States | ||
IT suite solutions and consulting services are provided worldwide. | 1968 | soprasteria.com | Paris, France | |
Advocacy, education, and solutions are provided for community banks. | 1930 | icba.org |
Investor details for Vero
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People of Vero
14 people are tracked at Vero (11 in leadership, 3 in team); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
John Mizzi | Founder & CEO | Leadership |
Rama Potturu | Co-Founder, Chief Technology Officer | Leadership |
Bradley Shepard | Vice President Of Product | Leadership |
Raizel Jane Yap | VP Of Finance | Leadership |
Isaac Zafarani | Co-Founder, COO | Leadership |
Jason Bartz | Vice President, Business Development & Partner Success | Leadership |
David Moyer | VP of Credit | Leadership |
Ashley Stubbs | VP of Risk | Leadership |
Frank Paleno | Chief of Staff | Leadership |
James Galloway | Partner Success Manager | Leadership |
Chasidy Heppard | Head of Partner Success | Leadership |
Andrea Álvarez | Controller | Team |
Dayana Jennings | Risk Manager | Team |
Lisa Mitchell | Operations Manager | Team |
Complete people profiles for Vero
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Timeline of Vero
3 dated milestones of Vero across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Vero is founded.
- Funding First funding round of $8.5M.
- Funding Latest funding round, Series A,.
Competitors of Vero
Vero has 3 listed competitors in our database, 2 of them funded. They include AutoFi, CarPay and Vitu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autofi.com | 2015 | San Francisco, United States | $127.06M | 150 | Cloud-based loan management is provided for automobile financing. | |
| carpay.com | 2015 | Wilmington, United States | $10.11M | Loan lifecycle management software is offered for purchase financing. | ||
| vitu.com | 2015 | Agoura Hills, United States | 418 | Vehicle registration and titling are facilitated via SaaS platform. |
Detailed competitors of Vero
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Web traffic of Vero
The website of Vero (vero-technologies.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 18.6% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Vero (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Related news about Vero
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Frequently Asked Questions about Vero
Vero was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Vero is headquartered in New York, United States. It is registered at New York, New York, United States.
John Mizzi is the CEO of Vero, as recorded in our data. They have also founded this company.
Vero is a funded company, having raised a total of $8.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $8.5M, raised on Sep 2023.
Vero has 16 employees.
Comprehensive asset financing solutions are delivered by Vero through the VeroOS platform, a modular and scalable system for managing the lending lifecycle. Services are extended to banks, captive finance companies, independent lenders, auctions, and OEMs with tailored tools for credit underwriting, title management, and risk monitoring. Business process outsourcing is also offered to streamline operations. Integration with industry-leading tools ensures seamless functionality across ecosystems. The focus is placed on modernizing lending operations and supporting scalable growth in the financial sector.
Vero offers VeroOS Platform, Business Process Outsourcing, Risk Management System, and Title Management System.
Vero has 7 investors. Key investors include Sopra Steria, Independent Community Bankers of America, RevTech Labs, BankTech Ventures, and Arcadia Funds.
Vero operates through Vero Finance Technologies, Inc..