About ViryaNet
ViryaNet is a Technology company based in Minneapolis (United States) founded in 1988, and was acquired by Verisae in June 2014. Mobile workforce management solutions for scheduling and dispatching are provided. ViryaNet has raised $2.3 million across 2 funding rounds from investors including Verisae. ViryaNet offers products and services including IoT Remote Monitoring, CMMS, Energy Management, and Engineering Document Management. Its focus areas include Enterprise Applications, Field Force Automation, Multi-Industry and Applications. Its competitors include Reflexis Systems, Parsable and Workrise; 3 of its 3 listed competitors have raised funding.
Company details
ViryaNet was founded in 1988 in Minneapolis, United States, focusing on software for mobile workforce management. Solutions enable planning, execution, and monitoring of short-term events and long-term trends. Features include scheduling, dispatching, optimization, and performance management for parts and services. The company was acquired by Verisae in 2014, operating within the enterprise software sector.
Products & Services of ViryaNet
ViryaNet offers a comprehensive portfolio of products and services, including IoT Remote Monitoring, CMMS, Energy Management, and Engineering Document Management.
Enables remote equipment monitoring for efficiency and issue prediction.
Centralizes asset maintenance and automates work orders.
Optimizes power consumption and supports sustainable decisions.
Facilitates document sharing and collaboration for engineers.
Apps and channels of ViryaNet
its YouTube channel Accruent has 400 subscribers and 30 videos.
Videos from ViryaNet
The most watched videos on ViryaNet's YouTube channel, Accruent (400 subscribers). Click a video to play it here.
More on Accruent.
Funding Insights of ViryaNet
ViryaNet has successfully raised a total of $2.3M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $1.3 million completed in March 2005. 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 $2.3M
- Total Rounds 2
- Last Round Private Equity Round — $1.3M
- First Round $1M
(Aug 2003)
All 2 funding rounds of ViryaNet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2005 | $1.3M | Private Equity Round | – | – | – |
| Aug 2003 | $1M | Private Equity Round | – | – | – |
1 investors in total: 1 institutional.
Investors in ViryaNet
ViryaNet has secured backing from 1 investor. Prominent investors backing the company include Verisae.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SaaS-based maintenance and energy management solutions are offered worldwide. | 1999 | verisae.com | Minneapolis, United States |
Investor details for ViryaNet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of ViryaNet
5 dated milestones of ViryaNet across 26 years, from founding to its latest funding, stage changes and deals.
- Founded ViryaNet is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.0M.
- Funding Latest funding round, Private Equity Round, of $1.3M.
- Exit Acquired by Verisae.
Competitors of ViryaNet
ViryaNet has 3 listed competitors in our database, 3 of them funded. They include Reflexis Systems, Parsable and Workrise.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| reflexisinc.com | 2001 | Dedham, United States | $77.18M | 231 | AI-based workforce management software is offered for diverse industries. | |
| parsable.com | 2013 | San Francisco, United States | $143.65M | 65 | Collaboration software solutions are provided for industrial workers. | |
| workrise.com | 2014 | San Francisco, United States | $777.5M | 1,225 | Employee wellness is tracked and managed via a technology platform. |
Detailed competitors of ViryaNet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ViryaNet
Websites that share an audience with ViryaNet (viryanet.com).
Websites whose visitors overlap most with ViryaNet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| clicksoftware.com | 100% | 14.5K | #790,189 | View details | |
| toatech.com | 99% | View details | |||
| kronos.com | 69% | 242.6K | #175,437 | View details |
Top companies in Field Workforce Automation
3 companies that operate in the same segment as ViryaNet (Field Workforce Automation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Business management software is offered for home service providers. | 2007 | Glendale, California, United States | USD 1.1 B | USD 960.97 M | 3,049 | |
Mobile apps enable real-time retail data collection by field teams. | 2011 | Denver, Colorado, United States | USD 71 M | |||
Business management software is provided for home service professionals. | 2013 | San Diego, California, United States | USD 146.65 M |
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Frequently Asked Questions about ViryaNet
ViryaNet was founded in 1988 and raised its 1st funding round 15 years after it was founded.
ViryaNet is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
ViryaNet is a funded company, having raised a total of $2.3M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $1M, raised on Aug 2003.
ViryaNet was founded in 1988 in Minneapolis, United States, focusing on software for mobile workforce management. Solutions enable planning, execution, and monitoring of short-term events and long-term trends. Features include scheduling, dispatching, optimization, and performance management for parts and services. The company was acquired by Verisae in 2014, operating within the enterprise software sector.
ViryaNet's top competitors include Parsable, Workrise and Reflexis Systems.
ViryaNet offers IoT Remote Monitoring, CMMS, Energy Management, and Engineering Document Management.
ViryaNet has 1 investor. Key investors include Verisae.
Yes. ViryaNet was acquired by Verisae in June 2014.