Veros Systems is an industrial asset monitoring company based in Austin, Texas.
Veros Systems applies innovative data capture techniques and machine learning algorithms to electrical waveforms in industrial machines to continuously monitor rotating equipment health, gain real-time insights into operating performance and proactively predict failures.
Enterprises implement Veros technology on a standalone monitoring platform, in the Cloud, or embedded within existing power distribution, metering and monitoring hardware to increase uptime, improve efficiency and optimize maintenance.
Veros Systems applies innovative data capture techniques and machine learning algorithms to electrical waveforms in industrial machines to continuously monitor rotating equipment health, gain real-time insights into operating performance and proactively predict failures.
Enterprises implement Veros technology on a standalone monitoring platform, in the Cloud, or embedded within existing power distribution, metering and monitoring hardware to increase uptime, improve efficiency and optimize maintenance.
Location: United States, Texas, Austin
Employees: 11-50
Total raised: $21M
Founded date: 2001
Investors 3
Funding Rounds 5
| Date | Series | Amount | Investors |
| 11.06.2020 | Series C | $2.2M | - |
| 25.04.2018 | Series B | $4.3M | - |
| 23.09.2013 | - | $8M | - |
| 16.07.2013 | - | $5M | - |
| 02.08.2012 | - | $1.5M | - |
Mentions in press and media 11
| Date | Title | Description |
| 12.05.2021 | London’s cybersecurity continuous controls monitoring platform Panaseer raises $26.5 million in Series B round, hackers head back to the drawing board. | London and New York-based cybersecurity problem-solving platform Panaseer has raised $26.5 million in a Series B funding round led by AllegisCyber Capital. The round also saw participation from existing investors Evolution Equity Partners, ... |
| 11.06.2020 | Veros Systems Closes $2.2M Series C Funding | Veros Systems, an Austin, Texas-based industrial artificial intelligence company, closed a $2.2M Series C financing. The round was led by Shell Ventures with participation from Austin Ventures, Chevron Technology Ventures, and LiveOak Ventu... |
| 25.04.2018 | Veros Systems locks in $4.3M Series B for industrial risk analytics platform | AI tech firm Veros Systems closed a $4.3 million Series B round of funding this week, led by five undisclosed investors. |
| 07.06.2017 | Coburn, Ex-cleantech Accelerator Founder, Joins Shell Tech Ventures | Share Share on Facebook Share on Twitter LinkedIn Email Reprints Houston—While leading the energy-focused Surge Accelerator, Kirk Coburn says he was never “behind the curtain” to truly understand how technology could help solve problems for... |
| 02.07.2014 | Veros Systems Receives Investment from Shell Technology Ventures | Veros Systems, an Austin, TX-based industrial asset monitoring company, received an investment from Shell Technology Ventures LLC. The amount of the transaction was not disclosed. Led by Jim Dechman, President and CEO, Veros offers Veros Fo... |
| 18.02.2014 | LiveOak Venture Partners Sees Lots of Quality Startup Deals in Austin and Texas | By LAURA LOREK Founder of Silicon Hills News |
| 23.09.2013 | Veros Systems Receives $3M Investment | AUSTIN, TX, Industrial asset monitoring company, announced that Chevron Technology Ventures has invested in Veros Systems' $8M Series A financing. >> Click here for more funding data on Veros Systems >> To export Veros Syste... |
| 23.09.2013 | Austin-based Veros Systems raises $8 Million | Veros Systems announced Monday that it has received $8 million in Series A venture financing. Chevron Technology Ventures led the deal with additional investment from Austin Ventures and LiveOak Venture Partners. Veros, which makes control ... |
| 17.07.2013 | Veros Systems Raises $5M in Capital | Veros Systems Incorporated, a College Station, Texas-based developer of an industrial monitoring solution, raised $5m in capital. Backers included Austin Ventures and LiveOak Venture Partners. In conjunction with the funding, Venu Shamapant... |
| 16.07.2013 | Veros Systems Raises $5 Million and Moves to Austin | Veros Systems Inc. has raised $5 million in venture capital from Austin Ventures and LiveOak Venture Partners, according to a news release. The company, based in College Station, makes software that monitors industrial motors and other miss... |
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