About Verrus
Verrus is a company based in Vancouver (Canada) founded in 2000 was acquired by PayPoint in March 2010.. Verrus operates in a competitive market with competitors including HonkMobile, Green P, Padiyo and iParkMe, among others.
- Headquarter Vancouver, Canada
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Sectors
Financial ServicesTransportation, Automotive & Logistics
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Phone
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Website
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Funding Insights of Verrus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Verrus
Verrus has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PayPoint. 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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Payment collection networks and management solutions are provided for businesses.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Verrus
| 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 - Verrus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Verrus Comparisons
Competitors of Verrus
Verrus 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 HonkMobile, Green P, Padiyo and iParkMe, 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 |
App-based marketplace for parking spaces
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| domain | founded_year | HQ Location |
Provides app-based solutions for parking payments and management.
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| domain | founded_year | HQ Location |
Mobile app for cashless parking payments, notifications, and user management features.
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| domain | founded_year | HQ Location |
Provides a versatile platform for easy and secure parking payments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Verrus
When was Verrus founded?
Verrus was founded in 2000.
Where is Verrus located?
Verrus is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
What does Verrus do?
Verrus was founded in 2000 and is based in Vancouver, Canada. Operations focus on the mobility sector, where app-based parking payment solutions are provided. Users are enabled to locate nearby parking areas and complete payments via the application. Real-time alerts for parking availability are included, along with remote parking options. The platform is accessible on both Android and iOS devices, supporting urban parking needs.
Who are the top competitors of Verrus?
Verrus's top competitors include HonkMobile, Green P and Padiyo.
Who are Verrus's investors?
Verrus has 1 investor. Key investors include PayPoint.