Verusen
Material management and intelligence
- 21-100 employees
- B2B
- Artificial Intelligence
- Supply Chain
- SaaS
- Procurement
- Tech Square, Atlanta, GA
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Company mission
Verusen's mission is to lead a new era of supply chain by shifting the landscape of how global organizations approach their materials management strategy.
Our take
Poor materials management in the supply chain can lead to costly losses for some of the largest global brands. Verusen aims to solve this problem by leveraging AI and machine learning.
Verusen's approach spans AI, machine learning, data harmonization and decision support, helping businesses to reduce risk and optimize supply chain operations. The company now serves a growing number of firms in over 25 countries, and is set to further expand operations thanks to its significant funding raises.
More and more supply chain companies are putting their trust in AI-led solutions, and this trend is set to continue. As such, Verusen will be expecting to experience further strong growth in the next few years, especially as it makes further in-roads into both the Indirect MRO (Maintenance, Repair and Operations) and Direct Materials sectors.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Equity
- Flexible PTO
- 401k
- Medical, dental & vision insurance
- Life insurance
- Leave support
- VerusenNOW (ERG for women)
- Wellness stipend
- Hybrid work environment with home office stipend
Funding (last 2 of 5 rounds)
Jan 2022
$25m
SERIES B
Jan 2021
$8m
SERIES A
Total funding: $39.2m
This company has top investors
Leadership
Paul Noble
(CSO)Previously served as a Regional Sales Manager at The Sherwin-Williams Company. Was a founding member of LaunchHouse.