Verak
Latest round
- Seed
Last raised
- Jun 2021
Total raised
- $73M
Investors
- 4
About Verak
Verak, headquartered in Mumbai, India, specializes in technology solutions designed to optimize operational processes. The company's founder has previously been involved in other entrepreneurial ventures, although specific details are not available.Verak specializes in providing innovative technology solutions designed to enhance operational efficiency across various sectors. Its core offerings include a suite of software applications tailored for data management and analytics, aimed primarily at businesses looking to streamline their processes and improve decision-making. These products are engineered to address critical use cases such as real-time data integration, predictive analytics, and automated reporting, which assist clients in gaining actionable insights from their data. Verak primarily serves clients in the healthcare, finance, and logistics sectors, providing essential tools that facilitate improved outcomes and efficiency.7. The company follows a subscription-based model for its software solutions, enabling clients to access technology on a recurring basis while ensuring continuous updates and support. The transaction structure is predominantly B2B, allowing businesses to subscribe to various tiers of service based on their specific needs and scale, thus offering flexibility in their operational demands.As part of its future growth strategy, Verak plans to develop and launch new products aimed at enhancing its software offerings, although specific release dates have not been disclosed. The company is also focusing on expanding its market presence, particularly targeting new regions in North America and Europe by the end of 2024.
Who invested in Verak
4 investors across 1 round
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Funding rounds
Seed
Jun 23, 2021
Amount
$73M
Investors
Questions about Verak
Who invested in Verak?
Verak has 4 investors 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 Verak raised?
Verak has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Verak last raise money?
Verak's most recent round on record is a Seed, in Jun 2021.
What does Verak do?
Verak, headquartered in Mumbai, India, specializes in technology solutions designed to optimize operational processes.
Where is Verak headquartered?
Verak is headquartered in Mumbai, India.
Which VCs invest in companies like Verak?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back insurance companies at Verak's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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