When was Versatile founded?

Versatile was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Versatile located?

Versatile is headquartered in Tel Aviv, Israel.

How many employees does Versatile have?

As of Aug 31, 2026, the latest employee count at Versatile is 394.

Is Versatile a funded company?

Versatile is a funded company, having raised a total of $106M across 5 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Nov 10, 2016.

When was the latest funding round of Versatile?

Versatile's latest funding was a $***** Series B round on Sep 13, 2021, with participation from 9 investors. Its primary sector is Construction Tech. In Israel, the Construction Tech sector has seen $130M in funding in 2026 to date.

Where does Versatile rank among its competitors?

Versatile ranks 2nd amongst 81 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Versatile, which secured $80M in Sep, 2021.

Who are the top competitors of Versatile?

Versatile's top competitors include Canvas, KoBoToolbox and Flowfinity Wireless. Among them, Versatile secured the most recent funding round in September, 2021.

Versatile - 2026 Company Profile, Team, Funding & Competitors

Company Details

Cloud based crane fleet management software for construction professionals. It is a data mining and analysis platform for the management of construction projects. It is based on AI technology and the platform enables users to avail data from a crane by using multi-sensor IoT and gain project insights. It collects data on a real-time basis and sends alerts & notifications.

Website: www.versatile.ai/home
Social
Email ID: *****@versatile.ai

Key Metrics

Founded Year

2016

Location

Tel Aviv, Israel

Stage

Series B

Total Funding

$106M in 5 rounds

Latest Funding Round

Series B, Sep 13, 2021, $*****

Investors

Insight Partners & 12 more

Ranked

2^nd among 81 active competitors

Employee Count

394 as on Aug 31, 2026

Similar Companies

Canvas & 95 more

View Versatile's full profile

Versatile is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VERSATILE NATURES LTD CIN: 515407690 , Israel, Active	Feb 17, 2016	-	-	-

Versatile has raised a total funding of $106M over 5 rounds. Its first funding round was on Nov 10, 2016. Its latest funding round was a Series B round on Sep 13, 2021 for $*****. 9 investors participated in its latest round. Versatile has 10 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Versatile:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 13, 2021	7979984	Series B	8304137	4991396	4349134	3850253
Dec 03, 2020	8184496	Series A	9306146	6865524	2120206	Root Ventures & 3 more
Aug 21, 2019	2134077	Seed	4662694	3098215	Robert Bosch Venture Capital	Conductive Ventures & 1 more

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View details of Versatile's funding rounds and investors

The founders of Versatile are Meirav Oren and Ran Oren.

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

Meirav Oren: Co-Founder of Versatile. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Ran Oren: Co-Founder of Versatile.
Contact Info: 1 email address

View details of Versatile's Founder profiles and Board Members

Versatile's employee count trend

Versatile has 394 employees as of Aug 26. Here is Versatile's employee count trend over the years:

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Top competitors of Versatile include Canvas, KoBoToolbox and Flowfinity Wireless. Here is the list of Top 10 competitors of Versatile, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Canvas 2008, Reston (United States), Acquired	App based platform that allows businesses to customize and publish data on mobile devices	$27M	Osage Venture Partners, RC Capital & 7 others	56/100
2nd	Versatile 2016, Tel Aviv (Israel), Series B	Cloud based crane fleet management software for construction professionals	$106M	Conductive Ventures, Tiger Global Management ... & 11 others	52/100
3rd	KoBoToolbox 2009, Cambridge (United States), Unfunded	Data tools for global impact, accelerating positive social change	-	-	47/100
4th	Flowfinity Wireless 2000, Vancouver (Canada), Unfunded	Provider of no-code application development and workflow automation platform	-	-	42/100
5th	FastField Mobile Forms 2010, San Clemente (United States), Acquired	Mobile data collection and analytics platform for streamlined digital form creation	-	-	41/100
6th	Efficient Technology 1996, Torrance (United States), Unfunded	Automating complex forms processing to improve accuracy and boost bottom line	-	-	41/100
7th	Zerion Software 2003, Herndon (United States), Unfunded	Mobile data collection and management platform	-	-	41/100
8th	MoreApp 2013, Rotterdam (Netherlands), Unfunded	Form builder and app for collecting data from fields	-	-	38/100
9th	Dharma Platform 2015, Washington, DC (United States), Series A	Cloud-based platform offering data collection and management solutions	$13M	The Rise Fund, Spring Angels Capital	35/100
10th	Harvest Your Data 2009, Lower Hutt (New Zealand), Unfunded	Data collection software provider for multiple industries	-	-	32/100