Verofax

Verofax

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

Last Round

VC Round

Aug 27, 2024

Total Funding Raised

$1.2M

Momentum Score

50 /100

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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Caplight Momentum Score

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Verofax Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Verofax Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundAug 27, 2024
VC RoundJan 3, 2022
SeedMar 4, 2021

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

Market signals

Structured signals derived from secondary market and firmographic data.

  • Feb 21, 2026

    Grew 17% QoQ, from 35 to 41 employees.

  • Jul 23, 2025

    Grew 15% QoQ, from 33 to 38 employees.

Verofax Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Verofax Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Verofax's valuation, stock price, and market status.

Firmographic Details

HeadquartersAbu Dhabi
Employee Range41
Year Founded2018
Last FundingAug 27, 2024

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