Veracity Technology Solutions

SoftwareSeedPensacola, USveracityts.com

Latest round

Seed

Last raised

Jun 2006

Total raised

Undisclosed

Investors

1

About Veracity Technology Solutions

Veracity Technology Solutions specializes in nondestructive inspection solutions. The company was founded by Gary Hensley and Jack Bloomfield and is headquartered in Pensacola, US.Veracity Technology Solutions specializes in custom nondestructive inspection (NDI) solutions tailored for military, aerospace, and power generation sectors. The company’s core service offerings include Power Generation Inspections, End of Life (EOL) and Lifetime Extension (LTE) Inspections, Industrial NDT Inspections, and Aerospace Inspections. These services employ advanced proprietary technologies and methodologies to assess the integrity and lifespan of critical components, thereby mitigating the risk of asset failure. Veracity serves a diverse clientele, including military organizations and companies within the aerospace and power generation industries, focusing on preventing operational disruptions and ensuring safety.Veracity Technology Solutions generates revenue through service contracts that are structured as B2B transactions, primarily involving direct engagements with clients in its target sectors. These contracts encompass various inspection services which are performed on-site or at designated facilities. The company charges clients based on the scope and complexity of the required inspections, which may include fixed-price arrangements or variable pricing dependent on the specific services rendered. The firm’s offerings are designed to meet stringent industry standards, ensuring that clients receive high-quality service tailored to their operational needs.Veracity Technology Solutions is strategically focused on expanding its product offerings and geographic footprint. It is currently developing new inspection technologies aimed at enhancing its service capabilities, with potential launches planned over the next few years. The company aims to penetrate international markets, particularly in Europe and Asia, with expansion efforts targeted for 2024.

Who invested in Veracity Technology Solutions

1 investor across 1 round

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Funding rounds

  1. Seed

    Jun 1, 2006

    Amount

    Undisclosed

    Investors

    Locked

Questions about Veracity Technology Solutions

Who invested in Veracity Technology Solutions?

Veracity Technology Solutions has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Veracity Technology Solutions raised?

Veracity Technology Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Veracity Technology Solutions last raise money?

Veracity Technology Solutions's most recent round on record is a Seed, in Jun 2006.

What does Veracity Technology Solutions do?

Veracity Technology Solutions specializes in nondestructive inspection solutions.

Where is Veracity Technology Solutions headquartered?

Veracity Technology Solutions is headquartered in Pensacola, US.

Which VCs invest in companies like Veracity Technology Solutions?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Veracity Technology Solutions's stage. Their profiles are linked below.

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