About Virtify
Virtify is a company based in Cambridge (United States) founded in 2004. It operates as a B2B. Virtify has raised $23.5 million across 4 funding rounds from investors including Tudor Ventures and Blue Cloud Ventures. The company has 23 employees as of December 31, 2022. Virtify operates in a competitive market with competitors including Qualio, MasterControl, RIMSYS, Legit and Dot Compliance, among others.
- Headquarter Cambridge, United States
- Employees 23 as on 31 Dec, 2022
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Virtify, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.5 M (USD)
in 4 rounds
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Latest Funding Round
$1.58 M (USD), Debt – Conventional
Mar 27, 2013
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Investors
Tudor Ventures
& 1 more
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Employee Count
23
as on Dec 31, 2022
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Funding Insights of Virtify
Virtify has successfully raised a total of $23.5M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.58 million completed in March 2013. 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 4
- Last Round Debt – Conventional — $1.6M
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First Round
First Round
(08 Jan 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Debt – Conventional - Virtify | Valuation |
investors |
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| Aug, 2012 | Amount | Series B - Virtify | Valuation |
investors |
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| May, 2011 | Amount | Series B - Virtify | Valuation | Tudor Ventures |
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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 Virtify
Virtify has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tudor Ventures and Blue Cloud Ventures. 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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Founded Year | Domain | Location | |
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Early-stage SaaS companies are funded by the venture capital firm.
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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 Virtify
| 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 - Virtify
| 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 |
Virtify Comparisons
Competitors of Virtify
Virtify 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 Qualio, MasterControl, RIMSYS, Legit and Dot Compliance, 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 |
Web-based quality management software is delivered for life sciences firms.
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| domain | founded_year | HQ Location |
Provider of governance, risk and compliance solutions for life sciences industries
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| domain | founded_year | HQ Location |
Medical device regulatory management software is provided for healthcare organizations.
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| domain | founded_year | HQ Location |
Legit is recognized as a pioneer in privacy and data protection, offering innovative RegTech solutions.
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| domain | founded_year | HQ Location |
Cloud based quality management software
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| domain | founded_year | HQ Location |
Cloud-based quality management software is offered for medical device manufacturers.
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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 Virtify
When was Virtify founded?
Virtify was founded in 2004 and raised its 1st funding round 6 years after it was founded.
Where is Virtify located?
Virtify is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Is Virtify a funded company?
Virtify is a funded company, having raised a total of $23.5M across 4 funding rounds to date. The company's 1st funding round was a Series B of $5.5M, raised on Jan 08, 2010.
How many employees does Virtify have?
As of Dec 31, 2022, the latest employee count at Virtify is 23.
What does Virtify do?
Virtify delivers content and compliance management software solutions, focusing on leveraging cutting-edge technology, software, managing compliance, and content solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Virtify?
Virtify's top competitors include RIMSYS, Qualio and MasterControl.
Who are Virtify's investors?
Virtify has 2 investors. Key investors include Tudor Ventures, and Blue Cloud Ventures.
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