About Verosource
Verosource is a company based in Fredericton (Canada) founded in 2014 was acquired by HEALWELL AI in June 2024.. Verosource offers products and services including VS Platform and VS MyHealth. Verosource operates in a competitive market with competitors including Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, among others.
- Headquarter Fredericton, Canada
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Verosource Solutions Inc
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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
HEALWELL AI
(Jun 12, 2024)
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Products & Services of Verosource
Verosource offers a comprehensive portfolio of products and services, including VS Platform and VS MyHealth. 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.
Cloud-based system for secure healthcare data access and AI integration.
Enables users to digitally access and manage personal healthcare data.
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Funding Insights of Verosource
| 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 |
investors |
Investors in Verosource
Verosource has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include HEALWELL AI. 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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AI-enabled decision support tool for healthcare providers
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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 Verosource
| 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 - Verosource
| 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 |
investors |
Verosource Comparisons
Competitors of Verosource
Verosource 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 Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, 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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AI-based clinical documentation integrity and revenue management solutions are provided.
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Medical documents are exchanged digitally through an online platform.
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Conversational AI solutions are provided for enterprise customer experiences.
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Document management and scanning services are provided for multiple sectors.
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AI-powered software for clinical documentation management in hospitals is developed.
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AI-based medical scribe software is provided for healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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Latest news on Verosource
Frequently Asked Questions about Verosource
When was Verosource founded?
Verosource was founded in 2014.
Where is Verosource located?
Verosource is headquartered in Fredericton, Canada. It is registered at Fredericton, New Brunswick, Canada.
What does Verosource do?
Verosource was established in 2014 in Fredericton, Canada, within the healthcare technology sector. Cloud-based platforms for data management are developed and maintained by the company, targeting professionals in medical fields. Services encompass secure storage, analysis, and retrieval of health-related data, with operations centered on scalable digital solutions. The focus remains on supporting efficient information handling across healthcare environments in North America.
Who are the top competitors of Verosource?
Verosource's top competitors include Lifen, Iodine Software and Nuance.
What products or services does Verosource offer?
Verosource offers VS Platform and VS MyHealth.
Who are Verosource's investors?
Verosource has 1 investor. Key investors include HEALWELL AI.