About Veruta
Veruta is a company based in San Mateo (United States) founded in 2008 was acquired by MyBuys in May 2010.. Veruta has raised $290 thousand across 1 funding round from investors including MyBuys. Veruta operates in a competitive market with competitors including YouAppi, Remerge, AdRoll, Magnetic and ActionX, among others.
- Headquarter San Mateo, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Veruta, Inc.
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Funding Insights of Veruta
Veruta has successfully raised a total of $290K through 1 strategic funding round. The most recent funding activity was a Seed round of $290 thousand completed in March 2010. 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 — $289,998
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First Round
First Round
(04 Mar 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2010 | Amount | Seed - Veruta | Valuation |
investors |
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| 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 Veruta
Veruta has secured backing from 1 investor. Prominent investors backing the company include MyBuys. 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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Cross-channel personalization is delivered to online retailers for shopper engagement.
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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 Veruta
| 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 - Veruta
| 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 |
Veruta Comparisons
Competitors of Veruta
Veruta 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 YouAppi, Remerge, AdRoll, Magnetic and ActionX, 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 |
Mobile app recommendations are provided based on user behavior analysis.
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| domain | founded_year | HQ Location |
Remerge is focused on mobile app marketing and retargeting solutions.
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| domain | founded_year | HQ Location |
AdRoll is recognized as an AI-powered advertising platform for brands and agencies.
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| domain | founded_year | HQ Location |
Search retargeting platform using data queries for audience targeting.
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| domain | founded_year | HQ Location |
Mobile app retargeting and cross-screen targeting are facilitated by ActionX.
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| domain | founded_year | HQ Location |
Real-time bidding platform for behavioral retargeting is offered.
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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 Veruta
When was Veruta founded?
Veruta was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Veruta located?
Veruta is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Veruta a funded company?
Veruta is a funded company, having raised a total of $290K across 1 funding round to date. The company's 1st funding round was a Seed of $290K, raised on Mar 04, 2010.
What does Veruta do?
Veruta was founded in 2008 in San Mateo, United States, within the digital advertising sector. A platform is operated for dynamic display remarketing and real-time spend optimization. Cross-channel, multi-device personalization is delivered through email and display ads. Conversion metrics are monitored across networks, with high-performing inventory dynamically purchased for brands. Acquisition by MyBuys was completed to integrate predictive display remarketing into its marketing suite.
Who are the top competitors of Veruta?
Who are Veruta's investors?
Veruta has 1 investor. Key investors include MyBuys.