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Verseon - About the company

Verseon is a public company based in Fremont (United States), founded in 2002 by Adityo Prakash, David Kita and Eniko Fodor. It operates as a Physics and AI-driven precision engineering of novel disease treatments. Verseon has raised $19.1M in funding.

Company Details

Physics and AI-driven precision engineering of novel disease treatments. This company is dedicated to redefining disease treatment through advanced drug design and development. They engineer new treatments atom by atom, focusing on delay, prevention, and treatment of major human diseases. Their approach involves breakthrough molecular physics modeling, integrated in vitro and in vivo validation, AI optimization, and computer-directed synthesis. They are developing first-in-class drug candidates that cannot be found through other methods, with a pipeline spanning cardiometabolic diseases and cancers. Their programs aim to offer life-changing treatment options, including solutions for heart attacks, strokes, diabetic vision loss, multidrug-resistant cancers, and aggressive solid-tumor metastasis. They leverage deep quantum modeling and AI, including their VersAI technology, to accelerate drug discovery and overcome data scarcity. This innovative approach positions them as a leader in AI innovation within the pharmaceutical industry, transforming medicine through precision-engineered solutions.
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Email ID
*****@verseon.com
Registered Address
Fremont, California
Key Metrics
Founded Year
2002
Location
Fremont, United States
Stage
Public
Total Funding
$19.1M in 7 rounds
Latest Funding Round
Investors
Employee Count
60 as on Dec 31, 2022
Investment & Acquisitions
Exit Details
Public

Verseon's IPO details

Verseon got listed on May 07, 2015.
Click here to take a look at Verseon's IPO in detail
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Verseon's funding and investors

Verseon has raised a total funding of $19.1M over 7 rounds. Its first funding round was on Oct 31, 2005. Verseon has 1 institutional investor.

Here is the list of recent funding rounds of Verseon:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 24, 2019
1984580
Post IPO
5693657
6618848
9313539
9459828
May 13, 2015
8377586
Post IPO
7654617
6293297
8868791
1280092
Nov 10, 2014
9892031
Series B
9254110
4562400
9942757
4432554
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Verseon's founders and board of directors

Founder? Claim Profile
The founders of Verseon are Adityo Prakash, David Kita and Eniko Fodor.
Here are the details of Verseon's key team members:

Verseon's employee count trend

Verseon has 60 employees as of Dec 22. The total employee count is 3.0% more than what it was in Dec 21. Here is Verseon's employee count trend over the years:
Employee count trend for Verseon
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Verseon's Investments and acquisitions

Verseon has acquired Edammo. Verseon has not made any investments as of now.

Reports related to Verseon

Here is the latest report on Verseon's sector:

News related to Verseon

lockFilter this list
Media has covered Verseon for 1 event in last 1 year, It was about company updates.
Interim ResultsCMOCROSep 30, 2019Verseon
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