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Vero - About the company

Vero is a series A company based in New York City (United States), founded in 2020 by John Mizzi. It operates as a SaaS-driven financing management software for auto dealers. Vero has raised $8.5M in funding from RevTech Labs and BankTech Ventures. The company has 77 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like Upstart, iVendi and Sofico.
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Series A
Total Funding
$8.5M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
23 as on Sep 30, 2026
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Vero's funding and investors

Vero has raised a total funding of $8.5M over 2 rounds. Its first funding round was on Sep 20, 2023. Its latest funding round was a Series A round on Nov 14, 2023 for $*****. 1 investor participated in its latest round. Vero has 9 institutional investors.

Here is the list of recent funding rounds of Vero:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 14, 2023
3716849
Series A
2602847
2363097
3890480
3645589
Sep 20, 2023
6614079
Series A
9731455
8534328
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Vero's founders and board of directors

Founder? Claim Profile
The founders of Vero is John Mizzi. John Mizzi is the CEO of Vero.
Here are the details of Vero's key team members:

Vero's employee count trend

Vero has 23 employees as of Sep 26. Here is Vero's employee count trend over the years:
Employee count trend for Vero
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Vero's Competitors and alternates

Top competitors of Vero include Upstart, iVendi and Sofico. Here is the list of Top 10 competitors of Vero, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Upstart
Upstart
2012, Palo Alto (United States), Public
AI-enabled online marketplace offering diversified loans to consumers and businesses
$129M
80/100
2nd
Logo for iVendi
iVendi
2009, Colwyn Bay (United Kingdom), Seed
Provider of automotive finance technology for dealers and lenders
$5.48M
62/100
3rd
Logo for Sofico
Sofico
1988, Ghent (Belgium), Acquired
Leasing & financing solutions for the automotive industry
-
57/100
4th
Logo for CarPay
CarPay
2015, Wilmington (United States), Series B
Loan life cycle management software for purchase financing
$10.1M
55/100
5th
Logo for LULA
LULA
2020, Miami (United States), Series B
Provider of AI-powered virtual assistants for sales and support
$53.5M
54/100
6th
Logo for SelectFI
SelectFI
2023, Buffalo (United States), Seed
Developer of predictive lending solutions for automotive dealerships
$7.32M
53/100
7th
Logo for StoneEagle F&I
StoneEagle F&I
2019, Richardson (United States), Acquired
F&I menu, metrics & administration solution for auto-dealers
-
-
52/100
8th
Logo for Vero
Vero
2020, New York City (United States), Series A
SaaS-driven financing management software for auto dealers
$8.5M
48/100
9th
Logo for AutoFi
AutoFi
2015, San Francisco (United States), Series B
Cloud-driven loan lifecycle management solution for automobile financing
$127M
46/100
10th
Logo for EFG Companies
EFG Companies
1977, Irving (United States), Unfunded
Provider of vehicle protection products, F&I development, and training services
-
-
39/100
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Vero's Investments and acquisitions

Vero has made no investments or acquisitions yet.

Reports related to Vero

Here is the latest report on Vero's sector:

News related to Vero

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Media has covered Vero for a total of 7 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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FAQs about Vero

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