About Veryon
Veryon is a company based in Brisbane (United States) founded in 1973 was acquired by ParkerGale in November 2015. It operates as a SaaS (Software-as-a-Service). Veryon has completed 2 acquisitions, including Casebank and Flightdocs. Veryon offers products and services including Veryon Tracking, Veryon Publications, Veryon Tracking+, and Veryon Diagnostics. Veryon operates in a competitive market with competitors including CAMP, empowerMX, OpenAirlines, Flightdocs and AireXpert, among others.
- Headquarter Brisbane, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Veryon
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Accel-KKR
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Casebank
& 1 more
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Acquired by
ParkerGale
(Nov 17, 2015)
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Products & Services of Veryon
Veryon offers a comprehensive portfolio of products and services, including Veryon Tracking, Veryon Publications, Veryon Tracking+, and Veryon Diagnostics. 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.
Maintenance tracking is provided for aviation operations efficiency.
Technical publications are managed for regulatory compliance needs.
Fleet management is supported for enhanced aircraft uptime.
Defect analysis is offered for reliable troubleshooting solutions.
Funding Insights of Veryon
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Private Equity Round - Veryon | Valuation | Accel-KKR , ParkerGale |
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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 Veryon
Veryon has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel-KKR and ParkerGale. 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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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Investment is made in founder-owned B2B software companies.
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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 Veryon
Veryon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Casebank and Flightdocs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based maintenance tracking software is offered for aviation.
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2003 | ||||
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Cloud-based diagnostic solutions are provided for aviation defect tracking.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veryon
| 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 |
Veryon Comparisons
Competitors of Veryon
Veryon 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 CAMP, empowerMX, OpenAirlines, Flightdocs and AireXpert, 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 |
Aircraft maintenance tracking and management solutions are provided for operators.
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| domain | founded_year | HQ Location |
Cloud-based maintenance management software is offered for aviation.
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| domain | founded_year | HQ Location |
Software for flight operations, crew and fleet management, and fuel saving
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| domain | founded_year | HQ Location |
Cloud-based maintenance tracking software is offered for aviation.
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| domain | founded_year | HQ Location |
Web-based aircraft maintenance and MRO management solutions are provided.
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| domain | founded_year | HQ Location |
WingWork is recognized as a cloud-based aircraft maintenance platform.
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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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| 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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Latest news on Veryon
Frequently Asked Questions about Veryon
When was Veryon founded?
Veryon was founded in 1973 and raised its 1st funding round 48 years after it was founded.
Where is Veryon located?
Veryon is headquartered in Brisbane, United States. It is registered at Brisbane, California, United States.
What does Veryon do?
Intelligent software solutions are provided by Veryon to enhance aircraft uptime across various aviation sectors. Services are offered to business, general, commercial, and helicopter operations, as well as MROs and OEMs. Products such as maintenance tracking, technical publications, fleet management, and diagnostics are included in their portfolio. Operations are supported with cloud-based SaaS platforms, ensuring real-time data access and seamless integrations. Challenges like unscheduled repairs and paperwork delays are addressed through AI and machine learning technologies. A global presence is maintained with offices in multiple countries, supporting thousands of customers, including 25 of the worldwide commercial fleet.
Who are the top competitors of Veryon?
Veryon's top competitors include CAMP, OpenAirlines and empowerMX.
What products or services does Veryon offer?
Veryon offers Veryon Tracking, Veryon Publications, Veryon Tracking+, and Veryon Diagnostics.
How many acquisitions has Veryon made?
Veryon has made 2 acquisitions, including Casebank, and Flightdocs.
Who are Veryon's investors?
Veryon has 2 investors. Key investors include Accel-KKR, and ParkerGale.
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