What is VEERUM?
VEERUM provides a sophisticated visualization and analytics platform designed to bridge the gap between physical site operations and digital management. The company's software integrates CAD, geospatial data, document management, and IoT systems into a single, intuitive interface. This capability allows stakeholders to manage complex assets remotely, effectively accelerating the transition toward digital asset ownership. By enabling users to be on-site without physical presence, VEERUM is fundamentally reshaping how critical infrastructure is built, maintained, and optimized in an increasingly data-driven industrial landscape.
How much funding has VEERUM raised?
VEERUM has raised a total of $25.4M across 3 funding rounds:
Series A
$7.4M
Other Financing Round
$9.3M
Series B
$8.7M
Series A (2021): $7.4M with participation from Intergen, Builders VC, Industrial Innovation Venture Fund, Evok Innovations, Creative Ventures, and Brick & Mortar Ventures
Other Financing Round (2023): $9.3M led by BDC Capital Management, Idea Well Capital Partners, and Builders VC
Series B (2025): $8.7M supported by Evok Innovations, BDC, Emerson Ventures, and Veriten
Key Investors in VEERUM
Builders VC
Builders VC is a venture capital firm focused on modernizing antiquated industries by investing in innovative technologies and solutions that reshape systems across construction and agriculture.
Evok Innovations
Evok Innovations is a climate-focused venture capital firm that invests in hard tech solutions for heavy industry, supporting transformative technologies in energy and industrial optimization.
Brick & Mortar Ventures
Brick and Mortar Ventures is dedicated to identifying and growing emerging companies that develop innovative software and hardware solutions for the architecture, engineering, and construction industries.
What's next for VEERUM?
With this latest round of financing, VEERUM is well-positioned to scale its operations and deepen its market penetration within the heavy industry and infrastructure sectors. The company's strategic roadmap focuses on enhancing its predictive analytics capabilities and expanding its cloud-based ecosystem to support larger, more complex industrial projects. As the demand for digital twins and remote operational oversight grows, VEERUM's ability to synthesize disparate data streams will be vital for clients seeking to improve safety, efficiency, and long-term asset performance. The continued support from specialized venture partners underscores the market's confidence in VEERUM's role as a foundational technology for the future of industrial operations.
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