Verofax

Private

Abu DhabiAI, Data & Cloud Infrastructurehttps://verofax.com/

Last Round

VC Round

Aug 27, 2024

Total Funding Raised

$1.2M

Company Overview

Verofax is a business/productivity software company that provides an asset digitization and traceability platform using AI, AR, and blockchain technologies to offer services like serialization, traceability, and transaction certification.

Sector

AI, Data & Cloud Infrastructure

Verticals

Customer Experience, NLP & Conversational AI, AR/VR Experiences, Computer Vision, Supply Chain Tracking

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Freemium, Hardware + Subscription

AI Layer

Application

Keywords

ai avatarsdigital humanssupply chain traceabilityconversational AIanti-counterfeitingcustomer engagement platformaugmented realityphygital experiencesexperiential marketingbrand protectioncomputer visionretail techholographic assistantvirtual try-onproduct authenticationasset digitizationWeb3 platformtraceability-as-a-serviceTaaS

Historical Pricing

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Verofax Comparables

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Verofax Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
VC Round	Aug 27, 2024
VC Round	Jan 3, 2022
Seed	Mar 4, 2021

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Key People

Founding team and executive leadership

Hiren Patel

Co-Founder, Chief Technology Officer

Founding Team

Wassim Merheby

Chief Executive Officer

Executive Team

Verofax Investors

Notable investors and investment history

Verofax investors
Investor	Rounds
Benson Oak Ventures	VC Round
Vernalis Capital	VC Round
Plug and Play Tech Center	VC Round
Trove Capital Limited	Seed, VC Round
500 Global	VC Round
King Abdullah University of Science and Technology (KAUST)	VC Round
Jawa Brothers Advisory	VC Round

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Market signals

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Feb 21, 2026
Grew 17% QoQ, from 35 to 41 employees.
Jul 23, 2025
Grew 15% QoQ, from 33 to 38 employees.

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Verofax Filings

SEC and related filings with document metadata.

Data table
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Verofax Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersAbu Dhabi

Employee Range41

Year Founded2018

Last FundingAug 27, 2024

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