# Viridix

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

- Industry: Agribusiness
- Headquarters: Modiin, Israel
- Website: www.viridix.com
- Total disclosed funding: $2.4M
- Latest round: Seed (Nov 4, 2019)
- Investors on record: 1

## About

Based in Israel, Viridix Ltd. specializes in developing advanced software solutions that enhance operational efficiency and data analytics for businesses across various sectors, including logistics and manufacturing.Viridix Ltd. was founded in 2017 in Modiin, Israel, and provides innovative software solutions aimed at improving business operational efficiency. The company has successfully completed 6 deals, with its most recent funding round occurring on April 19, 2023. The latest funding round raised USD 4.1 mn, which is also the total amount raised to date. The firm was co-founded by Arik Shetrit and Mor Yegerman, with Arik Shetrit serving as the CEO.Viridix specializes in innovative solutions that cater to the evolving needs of its client base across various industries. The company's core offerings include advanced software designed to enhance operational efficiency and data analytics capabilities for businesses. These products aim to optimize workflows and provide actionable insights to solve critical challenges in sectors such as logistics, manufacturing, and supply chain management. The company's customer base consists of small to medium-sized enterprises as well as larger corporations, primarily in North America and Europe, addressing the specific demands of these regions by providing tailored functionalities that enhance productivity and decision-making.Viridix operates on a subscription-based revenue model, allowing clients to pay for access to its software solutions. This model facilitates ongoing relationships with customers and ensures continuous updates and support that enhance user experience and product value. Revenue generation is supported by partnerships in various industries, focusing on both B2B and direct-to-consumer transactions. Clients may engage in annual subscription plans that grant access to the company's flagship products tailored to meet the specific needs of different market segments.In April 2023, Viridix Ltd. raised USD 4.1 mn in venture funding from individual investors to expand its solutions internationally. The company plans to utilize this funding to extend its offerings to more farmers worldwide, focusing on enhancing their product range and entering new geographic markets.

## Funding rounds

- Seed, Nov 4, 2019, $2.4M — Israel-Colorado Innovation Fund

## Investors

- Israel-Colorado Innovation Fund (https://capitalatlas.ai/funds/israel-colorado-innovation-fund) — Seed