When was VEBITS founded?

VEBITS was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is VEBITS located?

VEBITS is headquartered in Singapore, Singapore. It is registered at 73 AYER RAJAH CRESCENT #03-06 SINGAPORE 139952.

Which legal entities is VEBITS associated with?

VEBITS is associated with VEBITS AI PTE. LIMITED.

How many employees does VEBITS have?

As of Jul 01, 2024, the latest employee count at VEBITS is 3.

Is VEBITS a funded company?

VEBITS is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jan 17, 2018.

When was the latest funding round of VEBITS?

VEBITS's latest funding was a $***** Seed round on Jan 17, 2018, with participation from 1 investor.

Where does VEBITS rank among its competitors?

VEBITS ranks 53rd amongst 190 active competitors, of which 49 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Cambridge Mobile Telematics, which secured $350M in Mar, 2026.

Who are the top competitors of VEBITS?

VEBITS's top competitors include Cambridge Mobile Telematics, OOONO and Phantom. Among them, Cambridge Mobile Telematics secured the most recent funding round in March, 2026.

VEBITS - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

VEBITS is focused on developing AI-based safe driving & transportation technologies for both manned & unmanned vehicles. The company utilizes computer vision, deep learning, and big data to learn how drivers negotiate traffic in different regions & situations. Its offerings include a complete situational awareness system with a real-time 360-degree video feed, driver behavior monitoring system, geospatial big data, and traffic intelligence & surveys.

Website: vebits.com
Registered Address: 73 AYER RAJAH CRESCENT #03-06 SINGAPORE 139952

Key Metrics

Founded Year

2017

Location

Singapore, Singapore

Stage

Seed

Total Funding

$605K in 1 round

Latest Funding Round

Seed, Jan 17, 2018, $*****

Investors

SGInnovate & 2 more

Ranked

53^rd among 190 active competitors

Employee Count

3 as on Jul 01, 2024

Similar Companies

Waymo & 607 more

View VEBITS's full profile

VEBITS is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VEBITS AI PTE. LIMITED CIN: 201730504Z , Singapore, Active	Dec 31, 2016	-	-

VEBITS has raised a total funding of $605K over 1 round. Its latest funding round was a Seed round on Jan 17, 2018 for $*****. 1 investor participated in its latest round. VEBITS has 3 institutional investors.

Here is the list of recent funding rounds of VEBITS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 17, 2018	1568917	Seed	6639624	6381149	4524787	3998555

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View details of VEBITS's funding rounds and investors

The founders of VEBITS is Marcus Chen.

Here are the details of VEBITS's key team members:

Marcus Chen: Founder of VEBITS. They serve on the board of 1 company.
Contact Info: 1 email address

VEBITS's Board of Directors

VEBITS's board has 1 active member. Marcus Chen is part of team.

Here is the list of VEBITS's board of directors:

Name	Type	Representing	Status	Duration
Marcus Chen	Team	-	Current	8y 5m
lfacwwy	Independent board member	-	Past	6y 2m

View details of VEBITS's Founder profiles and Board Members

VEBITS's employee count trend

VEBITS has 3 employees as of Jul 24. Here is VEBITS's employee count trend over the years:

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Top competitors of VEBITS include Cambridge Mobile Telematics, OOONO and Phantom. Here is the list of Top 10 competitors of VEBITS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cambridge Mobile Telematics 2010, Cambridge (United States), Series D	Developer of a platform providing road risk measurement and safety insights	$852M	SoftBank Vision Fund, Allianz X & 4 others	72/100
2nd	OOONO 2017, Copenhagen (Denmark), Seed	Driver assistance solutions for drivers	$3.87M	Guerrilla Capital, Guerilla Capital & 1 others	67/100
3rd	Phantom 2016, Burlingame (United States), Series C	AI-enabled full-stack system provider for autonomous vehicles	$80.2M	Shinhan Financial Group, Samsung Venture Investment ... & 12 others	67/100
4th	Aptiv 1994, Schaffhausen (Switzerland), Public	Provider of vehicle components, connectivity systems, and electrical distribution systems	-	OSTI, Ministry of Economy, Finance and Industrial and Digital Sovereignty ... & 3 others	66/100
5th	OnStar 1996, Warren (United States), Unfunded	OnStar: Connected vehicle services providing safety, support, and connectivity	-	-	61/100
6th	Ottometric 2018, Boston (United States), Series A	Developer of verification software to automate autonomous driving validation and training process	$15.2M	Rally Ventures, Schooner Capital & 10 others	56/100
7th	ThingCo 2018, London (United Kingdom), Series A	Provider of an AI & cloud-driven telematics solution	$6.74M	BGL Group, Bhl Uk Holdings Ltd & 8 others	56/100
8th	Arity 2014, Chicago (United States), Unfunded	Provider of mobility data and analytics for transportation-related industries	-	-	56/100
9th	Six Sense Mobility 2020, Delhi (India), Seed	End-to-End fleet management solutions for fleet operators	$5.67M	Piper Serica, Docbel & 8 others	55/100
10th	Eatron 2017, Warwick (United Kingdom), Series A	AI and cloud-enabled battery management and motion control system	$15.1M	Hirschvogel Automotive Group, LG Technology Ventures ... & 14 others	55/100
53rd	VEBITS 2017, Singapore (Singapore), Seed	Developer of AI-based safe driving & transportation technologies	$605K	Entrepreneur First, SGInnovate & 1 others	35/100