# Verrillon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/verrillon

- Industry: Oil & Gas
- Headquarters: Grafton, US
- Website: www.verrillon.com
- Total disclosed funding: $30M
- Latest round: Series B (Aug 15, 2001)
- Investors on record: 5

## About

Verrillon, Inc. designs and manufactures specialized optical fibers tailored for harsh environments, particularly serving industries such as oil and gas, communications, and aerospace. The company focuses on high-performance solutions to meet specific customer needs.Verrillon, Inc. is engaged in the design and production of advanced optical fiber technologies. In September 2010, AFL acquired Verrillon, Inc. for an undisclosed amount. The company is headquartered in Grafton, US and was founded by Abdel Soufiane, who has a history of founding other ventures in the optical fiber sector. The company has successfully completed 4 funding deals, with the latest round being a VENTURE DEBT round that raised USD 7.5 mn, contributing to a total fundraising of USD 25 mn.AFL specializes in the design and manufacturing of Verrillon® optical fibers, engineered for harsh environments and specialty applications. Their core offerings include singlemode optical fibers operating at 1310 and 1550nm, featuring a pure silica core that ensures exceptional performance in hydrogen-rich conditions up to 500°C. These fibers are crucial for industries such as oil and gas exploration, military, industrial applications, communications, automotive, and aerospace. Verrillon emphasizes collaboration with clients to create tailored solutions, drawing on over 20 years of expertise in specialty optical fibers.AFL's revenue model primarily relies on B2B transactions, selling specialized optical fiber products directly to various industries. Their transactions typically involve direct sales agreements based on client project needs, with options for long-term supply contracts. The flagship product, Verrillon optical fibers, is central to these agreements, particularly highlighting high-temperature and hydrogen-resistant features. The company often engages in partnerships to deliver customized solutions for applications like oil recovery and reservoir optimization, with pricing structured according to project specifications and requirements.Looking forward, Verrillon, Inc. intends to expand its product range and market reach, focusing on new optical fiber designs aimed at enhancing performance in extreme conditions. The company is exploring entry into additional geographic markets to broaden its client base. The recent VENTURE DEBT funding of USD 7.5 mn is expected to support these initiatives, alongside efforts to solidify its presence in existing sectors. The acquisition by AFL in September 2010 has positioned Verrillon to leverage combined resources and capabilities for strategic growth.

## Funding rounds

- Series B, Aug 15, 2001, $25M — St. Paul Venture Capital, Spring Lake Equity Partners, Technology Venture Partners, Megunticook Management
- Series A, Jul 31, 2000, $5M — Megunticook Management, Beacon Telco

## Investors

- Megunticook Management (https://capitalatlas.ai/funds/megunticook-management) — Series A, Series B
- Beacon Telco (https://capitalatlas.ai/funds/beacon-telco) — Series A
- St. Paul Venture Capital (https://capitalatlas.ai/funds/st-paul-venture-capital) — Series B
- Spring Lake Equity Partners (https://capitalatlas.ai/funds/spring-lake-equity-partners) — Series B
- Technology Venture Partners — Series B