Versed Ai
About Versed Ai
Versed Ai is a company founded in 2018 was acquired by EXIGER in July 2024.. Versed Ai has raised $1.64 million across 1 funding round from investors including EXIGER and University of Cambridge. The company has 19 employees as of March 31, 2022. Versed Ai offers products and services including Company Console and Supply Chain Visibility Tool. Versed Ai operates in a competitive market with competitors including Enmovil, Throughput, Panjiva, TransVoyant and Crest, among others.
- Employees 19 as on 31 Mar, 2022
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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 Versed Ai Ltd
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Products & Services of Versed Ai
Versed Ai offers a comprehensive portfolio of products and services, including Company Console and Supply Chain Visibility Tool. 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.
AI tool for searching alternative suppliers to enhance resilience.
Platform for monitoring and managing supply chain risks using AI.
Funding Insights of Versed Ai
Versed Ai has successfully raised a total of $1.64M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.64 million completed in June 2021. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.6M
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First Round
First Round
(01 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Seed - Versed Ai | Valuation | University of Cambridge |
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| 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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Investors in Versed Ai
Versed Ai has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include EXIGER and University of Cambridge. 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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Multiple courses and degrees are offered across diversified academic streams.
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Founded Year | Domain | Location | |
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Third-party risks and supply chains are managed via AI platform.
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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 Versed Ai
| 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 - Versed Ai
| 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 |
Versed Ai Comparisons
Competitors of Versed Ai
Versed Ai 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 Enmovil, Throughput, Panjiva, TransVoyant and Crest, 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 |
AI and SaaS-based solutions for multi-modal transportation management are provided.
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Bottlenecks in supply chains are identified by an AI platform.
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| domain | founded_year | HQ Location |
Global Trade Search Engine
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Big-data analytics are offered for supply chain and national security.
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| domain | founded_year | HQ Location |
AI and web-based supply chain planning solutions are provided.
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AI-driven analytics solutions for organizations are provided by Pendulum.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Versed Ai
When was Versed Ai founded?
Versed Ai was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Is Versed Ai a funded company?
Versed Ai is a funded company, having raised a total of $1.64M across 1 funding round to date. The company's 1st funding round was a Seed of $1.64M, raised on Jun 01, 2021.
How many employees does Versed Ai have?
As of Mar 31, 2022, the latest employee count at Versed Ai is 19.
What does Versed Ai do?
Versed Ai was founded in 2018 to deliver AI and web-based cognitive computing systems focused on supply chain management. Existing supply chain systems are analyzed and tracked via its platform to generate insights and pinpoint risk concentrations along with sub-tier suppliers. Multi-tier supplier surveys, automatic graph updates, and alternative supplier searches are supported as key features. Operations target telecommunication firms and companies handling multi-tier supply chains.
Who are the top competitors of Versed Ai?
Versed Ai's top competitors include Pathway, Throughput and Panjiva.
What products or services does Versed Ai offer?
Versed Ai offers Company Console and Supply Chain Visibility Tool.
Who are Versed Ai's investors?
Versed Ai has 2 investors. Key investors include EXIGER, and University of Cambridge.