Verusen - About the company
Verusen is a series B company based in Atlanta (United States), founded in 2019 by Paul Noble and Paul J Noble. It operates as a Provider of AI-enabled material management platform. Verusen has raised $33M in funding from investors like Scale Venture Partners, Forte Ventures and Flyover Capital, with a current valuation of $*****. The company has 19 active competitors, including 5 that are funded. Its top competitors include companies like MARKT PILOT, synthavo and PartsCloud.
Company Details
Verusen is a provider of AI-enabled material management platform. It uses AI to predict the level of inventory across the enterprise with 99% accuracy than traditional material and inventory management methods.
- Website
- verusen.com
- Email ID
- *****@verusen.com
- Phone Number
- +1 **********
- Registered Address
- 1942 Broadway Ste 314C, Boulder, CO 80302, US
Key Metrics
Founded Year
2019
Location
Atlanta, United States
Stage
Series B
Total Funding
$33M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2018
Investors
Ranked
1st among 19 active competitors
Employee Count
74 as on Aug 31, 2026
Similar Companies
Legal entities associated with Verusen
Verusen is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AUTIT, Inc. CIN: 20181896579 , United States, Active | Nov 16, 2018 | - | - | - |
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Verusen's funding and investors
Verusen has raised a total funding of $33M over 2 rounds. Its first funding round was on Jan 28, 2021. Its latest funding round was a Series B round on Jan 25, 2022 for $*****. 7 investors participated in its latest round. Verusen has 11 institutional investors.
Here is the list of recent funding rounds of Verusen:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 25, 2022 | 4802989 | Series B | 9596276 | 2050486 | 5078689 | 2718170 |
Jan 28, 2021 | 4576050 | Series A | 9551184 | 8120613 |
View details of Verusen's funding rounds and investors
Verusen's founders and board of directors
Founder? Claim ProfileThe founders of Verusen are Paul Noble and Paul J Noble.
Here are the details of Verusen's key team members:
- Paul Noble: Founder & CEO of Verusen. They serve on the board of 1 company.Contact Info: 1 email address
- Paul J Noble: Founder & CSO of Verusen. Contact Info: 1 email address
View details of Verusen's Founder profiles and Board Members
Verusen's employee count trend
Verusen has 74 employees as of Aug 26. Here is Verusen's employee count trend over the years:
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Verusen's Competitors and alternates
Top competitors of Verusen include MARKT PILOT, synthavo and PartsCloud. Here is the list of Top 10 competitors of Verusen, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Verusen 2019, Atlanta (United States), Series B | Provider of AI-enabled material management platform | $33M | 44/100 | |
2nd | MARKT PILOT 2020, Chicago (United States), Series A | Provider of automated spare parts pricing software for machine manufacturers | $49.8M | 43/100 | |
3rd | Developer of image recognition software for identifying industrial machine parts | $4.2M | 42/100 | ||
4th | PartsCloud 2021, Stuttgart (Germany), Seed | Provider of software solutions for industrial spare parts management | $7.81M | 40/100 | |
5th | Provider of spare parts management software solutions | $16.7M | 39/100 | ||
6th | Intellinet System 2006, Gurugram (India), Unfunded | After-market software solutions offering parts catalog software | - | - | 38/100 |
7th | Kipo 2023, San Francisco (United States), Unfunded | Inventory management solutions for automotive dealerships | - | - | 33/100 |
8th | Engora 2018, Boston (United States), Unfunded | AI-powered industrial sourcing platform for manufacturing supply chain management | - | - | 28/100 |
9th | Sparrow is a provider of spare parts management software | - | 25/100 | ||
10th | Developer of inventory and management software for industrial machining tools | - | - | 24/100 |
Looking for more details on Verusen's competitors? Click here to see the top ones
Verusen's Investments and acquisitions
Verusen has made no investments or acquisitions yet.
Reports related to Verusen
Here is the latest report on Verusen's sector:
News related to Verusen
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Verusen and Advanced Technology Services (ATS) Expand PartnershipGlobeNewswire•Mar 27, 2025•Verusen, Advanced Technology Services
•
ATS and Verusen partner to boost MRO asset management efficiency and cut costs.Benzinga•Feb 25, 2025•Advanced Technology Services, Verusen
•
Verusen Unveils AI Asset Criticality Tool for Industries, Enhancing Downtime Reduction and Risk ManagementAiThority•Oct 17, 2024•Verusen
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New Verusen AI solution targets operational risk through spare-parts evaluationSiliconAngle•Oct 17, 2024•Verusen
•
Fluke Reliability partners with Verusen for MRO inventory optimizationmmh.com•Jun 10, 2024•Fluke, Verusen
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Verusen Joins AWS Software Vendor Accelerate Programpcdn.co•Feb 15, 2024•Verusen, Amazon Web Services
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Verusen Appoints Scott Matthews as Chief Executive OfficerMetro Atlanta CEO•Apr 12, 2023•Verusen, MRP
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