How Much Did Verix Raise?
Funding & Key Investors

Verix, a business intelligence software provider, has secured $20.8M in total funding, with its most recent financing round bringing in $137K. This major strategic investment underscores the company's established position in the enterprise-level funding landscape, signaling a phase of significant growth and market expansion. The company's trajectory suggests a mature stage of development, leveraging substantial capital for strategic initiatives.

What is Verix?

Verix
SoftwareBusiness Intelligence (BI) Software

Founded in 2004 and headquartered in Santa Clara, California, Verix specializes in delivering AI-driven analytic solutions tailored for Sales and Marketing teams. The company primarily serves the Pharma and Consumer Packaged Goods (CPG) industries, providing critical business intelligence to enhance decision-making and performance. Verix's focus on these data-intensive sectors highlights its capability to offer sophisticated, actionable insights through advanced analytics.

How much funding has Verix raised?

Verix has raised a total of $20.8M across 3 funding rounds:

2006

Series B

$12.7M

2019

Series A

$8M

2021

Debt

$137K

Series B (2006): $12.7M with participation from Hillsven Capital, Gemini Israel Ventures, and Viola Group

Series A (2019): $8M, investors not publicly disclosed

Debt (2021): $137K supported by PPP

Key Investors in Verix

Gemini Israel Ventures

Gemini Investors is a private investment firm focused on the smaller end of the middle market, investing in established companies with experienced management teams and strong growth potential. The firm provides both equity and debt capital, engaging in minority ownership or control transactions across various sectors including Business Services, Consumer Products and Services, Healthcare, Later Stage Technology, Manufacturing & Distribution, and Waste & Recycling.

Viola Group

Viola Group is Israel's leading technology investment group, managing over $6 billion in assets. The firm supports Israeli entrepreneurs in building transformational technology companies through its multi-strategy investment approach. It operates several investment arms, including Viola Ventures, Viola Growth, Viola Credit, and Viola FinTech, catering to companies at various stages of development.

PPP

Public-Private Partnership

What's next for Verix?

With a history of significant capital infusions, Verix is well-positioned to further its innovation in AI-powered sales and marketing analytics. The recent major strategic investment likely fuels continued product development, market penetration, and potential expansion into new verticals or geographies. The company's established presence in the Pharma and CPG sectors, combined with its robust business intelligence platform, suggests a strategic focus on deepening its market share and enhancing its competitive edge through technological advancement and data-driven solutions.

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Frequently Asked Questions Regarding Verix Financial Insights

What are the most recent funding rounds that Verix has completed, and what were the funding rounds?
Verix has recently completed 3 funding rounds: Debt on Jan 28, 2021, Series A on Oct 22, 2019, Series B on Feb 13, 2006.
What is the total amount of funding Verix has raised to date?
Verix has raised a total of $20.8M in funding to date.
How many funding rounds has Verix completed?
Verix has completed 3 funding rounds.
How much funding did Verix raise in its most recent funding round?
Verix raised $137K in its most recent funding round.
Who are the lead investors in Verix's latest funding round?
The lead investor in Verix's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Verix's history?
The largest funding round in Verix's history was $12.7M.
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