Last deal

$2.2M

Amount

Series C

Stage

11.06.2020

Date

3

all rounds

$24M

Total amount

date founded

Financing round

General

About Company
Veros Systems provides predictive monitoring for industrial asset reliability and energy use.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2001

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Veros Systems offers a Predictive Intelligence Platform (PIP) that analyzes data from voltage and current waveforms to provide actionable insights on reliability and energy efficiency. Users receive alerts for potential faults and can access real-time intelligence through a web-based interface or integration with Enterprise Asset Management suites. Veros Systems helps industrial customers maximize production by optimizing machine performance and reducing costs.
Contacts

Contact Email

Phone number

Social url

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M&A Details
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Transaction name

Acquired by

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announced date

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Financials

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3

Number of Funding Rounds

$24M

Money Raised

Their latest funding was raised on 11.06.2020. Their latest investor Texas Wide Open for Business. Their latest round Series C

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People

Founders
2
Tommy Knight
Tommy Knight

Tommy Knight

current job

Veros Systems
Veros Systems

organization founded

1

Tommy Knight

Alex Parlos
Alex Parlos

Alex Parlos

Mechanical Engineering faculty at Texas A&M. B.S. degree from Texas A&M, M.S. and Sc.D. from the Massachusetts Institute of Technology. Founder of the Networked and Intelligent Machines Laboratory (NIML) at Texas A&M. Fellow of the ASME, Senior Member of IEEE & Registered Professional Engineer in the State of Texas.

current job

Veros Systems
Veros Systems

organization founded

1

Alex Parlos

Employee Profiles
3
Jim Dechman

Jim Dechman

CEO

Tommy Knight

Tommy Knight

Co-Founder and Chairman

Alex Parlos

Alex Parlos

Co-Founder and CTO

Activity

Recent News
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