About Verocel
Verocel is a company based in Westford (United States) founded in 1999 by James Chelini and George Romanski was acquired by Wisk in June 2024.. The company has 7 employees as of December 31, 2022. Verocel offers products and services including VeroTrace, VerOCode, VeroSource, VerOLink, and VerOStack. Verocel operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter Westford, United States
- Employees 7 as on 31 Dec, 2022
- Founders James Chelini, George Romanski
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Verocel Inc
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Products & Services of Verocel
Verocel offers a comprehensive portfolio of products and services, including VeroTrace, VerOCode, VeroSource, VerOLink, and VerOStack. 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.
Tool for application lifecycle management and coverage analysis.
Provides source control and coupling analysis for software.
Offers control coupling analysis for system verification.
Performs stack analysis for safety-critical applications.
Develops PIC instruction set simulators for hardware.
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Funding Insights of Verocel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Verocel
Verocel has secured backing from 1 investor. Prominent investors backing the company include Wisk. 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.
| Investor | Description | Founded Year | Domain | Location |
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Autonomous electric eVTOL vehicles are developed for passenger air transport.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Verocel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Verocel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Verocel Comparisons
Competitors of Verocel
Verocel 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, 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 |
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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Software development services are provided by Unicorn in Prague.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Platform offering digital textbooks for students
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Verocel
When was Verocel founded?
Verocel was founded in 1999.
Where is Verocel located?
Verocel is headquartered in Westford, United States. It is registered at Westford, Massachusetts, United States.
Who is the current CEO of Verocel?
James Chelini is the current CEO of Verocel. They have also founded this company.
How many employees does Verocel have?
As of Dec 31, 2022, the latest employee count at Verocel is 7.
What does Verocel do?
Verocel, Inc. was founded in 1999 and is headquartered in Westford, United States. Tools and services for software verification are offered to developers in safety-critical sectors, including unmanned systems and airborne applications. Compliance with relevant standards is facilitated through specialized expertise in verification processes. Operations focus on industries requiring high assurance for software reliability.
Who are the top competitors of Verocel?
Verocel's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Verocel offer?
Verocel offers VeroTrace, VerOCode, VeroSource, VerOLink, and VerOStack.
Who are Verocel's investors?
Verocel has 1 investor. Key investors include Wisk.
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