Veravas - About the company
Veravas is a series A company based in Oakdale (United States), founded in 2017 by John Forrest. It operates as a Provider of platform to manage sample preparation and diagnostic solutions. Veravas has raised $25M in funding. The company has 41 active competitors, including 16 funded and 2 that have exited. Its top competitors include companies like ADmit Therapeutics, C₂N Diagnostics and Amydis Diagnostics.
Company Details
VERAVAS provides a platform to manage sample preparation and diagnostic samples. The proprietary technology VeraPrep which helps in optimizing the patient's samples and preparing it for the diagnostic process by eliminating biotin and multiple interference substances using nanobead technology. The processed samples are then analyzed using VeraTest platform which detects the biomarkers attached with the nanobeads to identify the type of diseases.
- Website
- veravas.com
- Email ID
- *****@veravas.com
Key Metrics
Founded Year
2017
Location
Oakdale, United States
Stage
Series A
Total Funding
$25M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 41 active competitors
Employee Count
4 as on Dec 31, 2018
Similar Companies
Legal entities associated with Veravas
Veravas is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERAVAS, INC CIN: 822849414 , United States, Active | Dec 31, 1999 | - | 4 (As on Nov 30, 2018) | - |
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Veravas's funding and investors
Veravas has raised a total funding of $25M over 4 rounds. Its first funding round was on Oct 01, 2019. Veravas has 1 institutional investor.
Here is the list of recent funding rounds of Veravas:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 15, 2024 | 7511746 | Series A | 2847566 | 6169666 | 5378075 | 1338098 |
Mar 15, 2024 | 9000468 | Conventional Debt | 9296985 | 2875216 | 5170796 | 1954424 |
Feb 19, 2020 | 9356069 | Seed | 6065623 | 6978238 | 7656319 | 7331748 |
View details of Veravas's funding rounds and investors
Veravas' founders and board of directors
Founder? Claim ProfileThe founders of Veravas is John Forrest.
Here are the details of Veravas' key team members:
- John Forrest: Founder and Executive Chairman of Veravas.
View details of Veravas's Founder profiles and Board Members
Veravas' employee count trend
Veravas has 4 employees as of Dec 18. Here is Veravas's employee count trend over the years:
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Veravas's Competitors and alternates
Top competitors of Veravas include ADmit Therapeutics, C₂N Diagnostics and Amydis Diagnostics. Here is the list of Top 10 competitors of Veravas, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ADmit Therapeutics 2017, Barcelona (Spain), Series A | Provider of diagnostic services for early detection of Alzheimer's disease | $12.9M | 57/100 | |
2nd | C₂N Diagnostics 2007, St. Louis (United States), Series B | Developer of diagnostics and therapies for Alzheimer's disease | $35M | 56/100 | |
3rd | Amydis Diagnostics 2013, San Diego (United States), Series A | Developer of diagnostics test for detection of Alzheimer's disease | $8.69M | 52/100 | |
4th | Todos Medical 2009, Rehovot (Israel), Public | Developer of in vitro diagnostics for the detection of cancer and neurodegenerative disorders | - | 48/100 | |
5th | DiamiR 2009, Monmouth Junction (United States), Funding Raised | Developer of minimally invasive diagnostic tests | - | 47/100 | |
6th | Veravas 2017, Oakdale (United States), Series A | Provider of platform to manage sample preparation and diagnostic solutions | $25M | 46/100 | |
7th | ALZpath 2020, Carlsbad (United States), Seed | Developer of diagnostic solutions for Alzheimer's Disease | - | 42/100 | |
8th | SYNAPS Dx 2016, Rockville (United States), Series A | Developer of a diagnostic test to detect Alzheimer's disease | $10M | 35/100 | |
9th | NeuroDex 2018, Natick (United States), Seed | Manufacturer of diagnostic tools for Alzheimer's disease | $1.36M | 34/100 | |
10th | Vivid Genomics 2018, San Diego (United States), Seed | Developer of diagnostic tests for neurodegenerative diseases | $20K | 34/100 |
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Veravas's Investments and acquisitions
Veravas has made no investments or acquisitions yet.
News related to Veravas
Media has covered Veravas for 1 event in last 1 year, It was about company updates.
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Veravas and Tymora Collaborate on Early Detection Alzheimer’s TestingBusiness Wire•Jan 13, 2020•Veravas, Tymora Analytical
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