How Much Did Verold Raise?
Funding & Key Investors

Verold, a software development company, has secured significant enterprise-level funding, with its total capital raised standing at $1.6M. The company recently announced a major strategic investment of $1.6M, underscoring its growth trajectory and market position in the competitive software development landscape. This latest financing round is expected to fuel further expansion and innovation.

What is Verold?

Verold
Business ServicesSoftware TestingMobile App Development

Verold Inc. operates within the software development industry, specializing in web design, computer-generated imagery (CGI) art, WebGL, mobile application development, and 3D technologies such as Three.js, Oculus VR, Unity3D, and 3D scanning. Established in 2010 and headquartered in Toronto, Ontario, Verold provides a comprehensive suite of services aimed at bringing digital creations to life across various platforms. The company's focus on cutting-edge technologies positions it as a key player in the digital transformation space.

How much funding has Verold raised?

Verold has raised a total of $1.6M across 1 funding round:

2014

Series A

$1.6M

Series A (2014): $1.6M with participation from Ontario Capital Growth Corporation and GrowthWorks Capital

Key Investors in Verold

Ontario Capital Growth Corporation

The Government of Ontario, established in 1867, is the provincial governing body of Ontario, Canada. It administers public services, healthcare, education, infrastructure, and natural resources, playing a key role in the province's economic development.

GrowthWorks Capital

GrowthWorks Capital Ltd is a Canadian venture capital firm that invests in early-stage technology companies, with a history of supporting innovation and growth in the sector.

What's next for Verold?

With the recent infusion of major strategic investment, Verold is poised for accelerated growth and technological advancement. The company's focus on advanced 3D technologies and web development suggests a strategic push into immersive experiences and interactive digital content. This capital injection will likely support the expansion of its development teams, enhancement of its existing service offerings, and exploration of new market opportunities, particularly in areas like virtual and augmented reality. The company's trajectory indicates a strong commitment to innovation and market leadership in the evolving software development sector.

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Frequently Asked Questions Regarding Verold Financial Insights

What are the most recent funding rounds that Verold has completed, and what were the funding rounds?
Verold has recently completed 1 funding rounds: Series A on Aug 11, 2014.
What is the total amount of funding Verold has raised to date?
Verold has raised a total of $1.6M in funding to date.
How many funding rounds has Verold completed?
Verold has completed 1 funding rounds.
How much funding did Verold raise in its most recent funding round?
Verold raised $1.6M in its most recent funding round.
Who are the lead investors in Verold's latest funding round?
The lead investor in Verold's latest funding round was Ontario Capital Growth Corporation. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Verold's history?
The largest funding round in Verold's history was $1.6M.
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