https://www.verusen.com | United States | 2015 | $35.95M
Verusen is a company in the United States that focuses on materials intelligence and the digitalization of the supply ecosystem. The company offers an AI-powered platform that harmonizes disparate material data across systems and processes, providing trusted data across the enterprise to reduce supplier and operational risk. Verusen’s platform is designed to simplify the complexity of MRO data without the need for a costly data cleanse or a lengthy implementation, using AI and machine learning technologies to capture human intelligence and understand the context of materials across the supply ecosystem. The company’s solutions have been shown to deliver significant value, with an average of 10-20% opportunity identified and a 3-year NPV of 8.3X compared to traditional approaches. Verusen has received investment from several venture capital firms, including BMW i Ventures, and has experienced a seven-fold sales growth in 2020. The company’s platform is integrated with SAP and has been endorsed by the SAP Store.
