What is Verica?
Founded in 2018, Verica specializes in reactive tactics crucial for operational resilience. Its core offerings encompass detection, remediation, service degradation management, and disaster recovery solutions. This focus positions Verica as a key player in ensuring business continuity and mitigating the impact of system failures.
How much funding has Verica raised?
Verica has raised a total of $12M across 1 funding round:
Series A
$12M
Series A (2022): $12M with participation from True Ventures, Intel Capital, and Mango Capital
Key Investors in Verica
True Ventures
True Ventures is a founder-first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance, and a strong community to help build enduring technology and artificial intelligence driven companies.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies. Intel Capital curates thousands of business development introductions each year. It is headquartered in Santa Clara, California.
Mango Capital
Undisclosed investor participating in the funding round.
What's next for Verica?
The recent major strategic investment signals Verica's transition into a scaling phase, likely aimed at expanding its market reach and enhancing its technological capabilities. This capital infusion is expected to fuel further development of its reactive solutions and strengthen its competitive position in the enterprise-level market.
See full Verica company page
