About Verve
Verve is a company based in San Diego (United States) founded in 1999 was acquired by Digerati Networks in February 2022. It operates as a SaaS (Software-as-a-Service), and Managed Services. Verve offers products and services including Hosted Voice, Internet, Contact Center, and SD-WAN. Verve operates in a competitive market with competitors including UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, among others.
- Headquarter San Diego, United States
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Sectors
Technology
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Website
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Annual Revenue
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Latest Funding Round
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Acquired by
Digerati Networks
(Feb 08, 2022)
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Products & Services of Verve
Verve offers a comprehensive portfolio of products and services, including Hosted Voice, Internet, Contact Center, and SD-WAN. 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 voice services are provided for business scalability.
Managed Internet connections are offered with 24/7 monitoring.
Scalable contact center solutions are tailored to needs.
SD-WAN services are delivered for enhanced network performance.
Funding Insights of Verve
| 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 Verve
Verve has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Digerati Networks. 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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Cloud-based communication services are offered through subsidiaries.
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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 Verve
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Verve
| 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 |
Verve Comparisons
Competitors of Verve
Verve 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 UST, Breed Reply, NTT DATA, Globant and 1&1 IONOS, 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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High-quality office furniture is provided by UST for various needs.
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AI, cloud, and blockchain services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT and management consultancy services are provided globally.
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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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Latest news on Verve
Frequently Asked Questions about Verve
When was Verve founded?
Verve was founded in 1999.
Where is Verve located?
Verve is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
What does Verve do?
Integrated communication platforms are offered by Verve, focusing on cloud-hosted phone, chat, contact center, and analytics solutions. Services are designed to address modern business challenges with scalability and reliability. Hosted voice, managed Internet, SD-WAN, and contact center systems are included in their portfolio. These solutions are tailored to maximize uptime and reduce management time for businesses. The company operates in the telecommunications sector, serving clients with a single-source suite of tools that function independently or collaboratively.
Who are the top competitors of Verve?
What products or services does Verve offer?
Verve offers Hosted Voice, Internet, Contact Center, and SD-WAN.
Who are Verve's investors?
Verve has 1 investor. Key investors include Digerati Networks.