Veratrak
Latest round
- Seed
Last raised
- Mar 2019
Total raised
- $1.6M
Investors
- 6
About Veratrak
Founded in 2017 and headquartered in Oxford, UK, Veratrak Limited specializes in solutions for pharmaceutical supply chain management. The company has undergone no significant pivots since its inception.Veratrak specializes in pharmaceutical supply chain management solutions, leveraging blockchain technology to streamline workflows and enhance data integration across the industry. Their core offerings include a comprehensive management platform designed to centralize supply chain operations into a secure dashboard, facilitating collaboration, visibility, and data-sharing among various stakeholders. This platform is tailored for pharmaceutical companies, contract manufacturers, and contract development and manufacturing organizations, addressing the industry's complex regulatory challenges and operational demands. By providing a collaborative environment that improves order management and reduces lead times, Veratrak serves over 150 organizations across six continents, including clients in North America, Europe, and Asia.Veratrak generates revenue primarily through subscription-based access to its supply chain management platform, designed for B2B transactions within the pharmaceutical industry. The company’s business model relies on partnerships with various organizations, enabling enhanced operational efficiency and compliance. Clients engage under structured agreements that often involve tiered pricing based on usage and specific services required, such as data packaging and document collaboration.09 million post-money. The funds will be utilized to enhance their blockchain-based platform and expand into new markets, specifically targeting regions in Asia and North America within the next two years. This strategic move aims to broaden their client base and further integrate their innovative solutions into the pharmaceutical supply chain.
Who invested in Veratrak
6 investors across 3 rounds
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Questions about Veratrak
Who invested in Veratrak?
Veratrak has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Veratrak raised?
Veratrak has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Veratrak last raise money?
Veratrak's most recent round on record is a Seed, in Mar 2019.
What does Veratrak do?
Founded in 2017 and headquartered in Oxford, UK, Veratrak Limited specializes in solutions for pharmaceutical supply chain management.
Where is Veratrak headquartered?
Veratrak is headquartered in Oxford, UK.
Which VCs invest in companies like Veratrak?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Veratrak's stage. Their profiles are linked below.
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