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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.
Social
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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
Ranked
Employee Count
74 as on Aug 31, 2026
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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
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Verusen's founders and board of directors

Founder? Claim Profile
The founders of Verusen are Paul Noble and Paul J Noble.
Here are the details of Verusen's key team members:

Verusen's employee count trend

Verusen has 74 employees as of Aug 26. Here is Verusen's employee count trend over the years:
Employee count trend for Verusen
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Verusen
Verusen
2019, Atlanta (United States), Series B
Provider of AI-enabled material management platform
$33M
44/100
2nd
Logo for MARKT PILOT
MARKT PILOT
2020, Chicago (United States), Series A
Provider of automated spare parts pricing software for machine manufacturers
$49.8M
43/100
3rd
Logo for synthavo
synthavo
2019, Stuttgart (Germany), Seed
Developer of image recognition software for identifying industrial machine parts
$4.2M
42/100
4th
Logo for PartsCloud
PartsCloud
2021, Stuttgart (Germany), Seed
Provider of software solutions for industrial spare parts management
$7.81M
40/100
5th
Logo for SPARETECH
SPARETECH
2018, Stuttgart (Germany), Series A
Provider of spare parts management software solutions
$16.7M
39/100
6th
Logo for Intellinet System
Intellinet System
2006, Gurugram (India), Unfunded
After-market software solutions offering parts catalog software
-
-
38/100
7th
Logo for Kipo
Kipo
2023, San Francisco (United States), Unfunded
Inventory management solutions for automotive dealerships
-
-
33/100
8th
Logo for Engora
Engora
2018, Boston (United States), Unfunded
AI-powered industrial sourcing platform for manufacturing supply chain management
-
-
28/100
9th
Logo for Sparrow
Sparrow
2019, Berlin (Germany), Funding Raised
Sparrow is a provider of spare parts management software
-
25/100
10th
Logo for ToolPilot
ToolPilot
2026, France, Unfunded
Developer of inventory and management software for industrial machining tools
-
-
24/100
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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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•
Veruson Adds Trio of Sales & Revenue Leaderspcdn.co•May 24, 2024•Verusen
•
Verusen Appoints Scott Matthews as Chief Executive OfficerMetro Atlanta CEO•Apr 12, 2023•Verusen, MRP
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