![Verofax](https://storage.googleapis.com/dealroom-images-production/52/MTAwOjEwMDpjb21wYW55QHMzLWV1LXdlc3QtMS5hbWF6b25hd3MuY29tL2RlYWxyb29tLWltYWdlcy8yMDI0LzA3LzI1LzNlYjkxZjY4YWMyNmE0OTM2YzlhMTdjMjViMjQ0ODg3.png)
Verofax
VerifiedTrust and traceability Blockchain services.
Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$45m (Public information from Sep 2022)
Company register number 13422544
Middletown Delaware (HQ), Abu Dhabi Abu Dhabi Emirate (founding location)
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | 2.6m | 3.1m | 3.6m |
% growth | - | 420 % | 19 % | 16 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$500k Valuation: $2.5m | Seed | ||
$1.2m Valuation: $5.2m | Seed | ||
* | $1.5m Valuation: $11.6m | Seed | |
* | N/A | N/A | Convertible |
Total Funding | $3.2m |