Verras Capital
8 The Green, Suite A, Dover, DE, 19901, United States
Overview
Verras Capital is a venture capital fund that discovers and supports technology startups. Verras Capital invests in B2B SaaS, B2C and marketplace startups in proptech, fintech, martech, wellness, HR tech, and mobility. The company also invests in startups that operate in disruption-ready North American, European, Latam and Asian market segments.
- Total investments
- 4
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Approveit
Participated · Equity · Sep 2024
Approveit is a San Francisco, CA-based provider of an operations and automation platform that enables end-to-end workflow automation across departments such as finance, HR and IT. The platform integrates with existing systems, offering full integration in up to a week while supporting quick initial setup in as little as five minutes. Workflows are generated by AI and communications are routed into work tool channels like email, Slack and Microsoft Teams for real-time process control and data consolidation. Led by CEO Serge Gusev and CTO Dmitry Matveev, Approveit serves over 50 companies, including Blade, Midokura (a Sony Group Company) and EasyGo, managing more than 100,000 customer requests across the United States, Europe and Australia. The company raised $1M in funding and intends to use the proceeds to expand operations and development efforts.
- Competera
Participated · Seed · Feb 2024
Competera builds an intelligent price optimization platform for retailers using a neural network trained on proprietary and industry data. The Competera Pricing Platform enables retailers to set and maintain optimal prices across the entire pricing life cycle, and the company offers Competera X, a self-service version for sellers on marketplaces like Amazon, Etsy, and Shopify. The company has more than 50 customers across 18 countries, including the US, UK, Germany, France and Italy. Co-founded by Oleksandr Halkin and Oleksandr Sazonov and based in Santa Monica, CA, Competera says its mission is to free retailers from pricing routines. In January 2024 Competera secured $3.0M in seed funding. The company will use the funds to scale services supporting multinational retailers and expand further in the US retail sector.
- Rainbow Weather
Participated · Equity · Nov 2023
Founded in 2021 by Alexander Matveenko, Rainbow Weather is a Warsaw-based climate-tech startup that delivers ultra-accurate precipitation, hurricane, and wildfire forecasts. Its mobile application refreshes every 10 minutes and offers minute-level forecasts over four-hour windows, leveraging radar, satellite imagery, weather stations, and smartphone barometers to minimise error. The company claims one-square-kilometre spatial resolution and has surpassed 1 million app installs. In addition to its consumer app, Rainbow Weather has launched APIs serving logistics, agriculture, aviation, navigation, drone operations, and outdoor activity platforms. The team also maintains weatherindex.ai, an open-source tool comparing short-term forecasts from major providers against real-time airport reports. With fresh capital, Rainbow Weather plans to extend its forecast horizon from 4 to 24 hours, add additional weather parameters, and deepen its push into B2B markets. The firm positions itself as a faster, more precise alternative to large incumbents such as The Weather Company, AccuWeather, and Apple Weather.
- NewHomesMate
Participated · Seed · Jun 2023
NewHomesMate (fka Propertymate) operates a platform that helps homebuyers search, compare, and buy new-construction homes by matching buyers with home builders. The company aims to digitize and simplify the new-construction homebuying process across multiple markets. NewHomesMate has scaled to nine additional markets — Dallas, Houston, Orlando, Jacksonville, Tampa, San Antonio, Miami–Ft. Lauderdale, Raleigh–Durham, and Ocala–Gainesville — in addition to its first market, Austin, Texas. The company has a team of 91 people based in Austin. Leadership is led by co-founder and CEO Dan Hnatkovskyy, with Sofia Vyshnevska as co-founder/COO and Marcus Battle as CRO. In 2020 the startup graduated from Techstars Austin. The company intends to use the new funding to expand into additional U.S. markets. Propertymate operates a platform that digitizes and simplifies the new-construction home search and transaction process by matching buyers with home builders and agents. The company shifted from targeting real estate agents to serving buyers directly after increased demand from builders. Founded in 2018, the startup is headquartered in New York with a 17-person team working across Lviv, Kyiv, New York and Austin, Texas. Propertymate is actively growing and hiring new employees. The company intends to use fresh funding to expand its activity to two new US cities. Its core product is a marketplace for new residential construction listings and broker/builder connections.
Team
No current team members are available.