Verras Capital

Verras Capital, founded in 2022 and based in Dover, Delaware, is a venture capital firm focused on identifying and supporting early-stage technology startups. The company specializes in investing in business-to-business software-as-a-service, business-to-consumer, and marketplace ventures across various sectors, including fintech, proptech, martech, wellness, human resource technology, and mobility. Verras Capital targets startups positioned in disruption-ready markets throughout North America, Europe, Latin America, and Asia, aiming to foster innovation and growth in these dynamic industries.

Jason Bright

General Partner

Ulad Radkevitch

General Partner

6 past transactions

Approveit

Seed Round in 2024
Approveit is a software platform that specializes in end-to-end workflow automation for various departments within an organization, including Finance, HR, and IT. The platform integrates directly with Slack or Microsoft Teams, allowing users to manage business tasks on the go without needing additional applications. This integration enables Approveit to streamline approval processes, potentially speeding them up by up to 80%. The company serves over 50 clients across the United States, Europe, and Australia, managing more than 100,000 customer requests. Notable clients include Blade, Midokura (a Sony Group Company), and EasyGo. Approveit's platform is designed to boost productivity by automating repetitive tasks and optimizing business processes through a subscription-based pricing model.

Competera

Seed Round in 2024
Competera Limited is a cloud-native, AI-driven price optimization company founded in 2014 and headquartered in West Hollywood, California, with additional offices in London, Singapore, and an R&D center in Kyiv, Ukraine. The company specializes in providing advanced price optimization and data scraping software tailored for enterprise retailers. Its platform employs deep learning algorithms to analyze billions of price combinations, enabling retailers to set and maintain optimal pricing strategies that enhance customer trust and minimize financial losses. By offering algorithmic recommendations based on a variety of pricing and non-pricing factors, Competera facilitates efficient pricing management across multiple price lists and categories. The intuitive design of the platform allows for quick onboarding and simplified repricing processes, making it accessible to users without specialized skills. Competera's solutions aim to boost gross margins and support retailers in achieving their strategic objectives, whether that involves margin growth or increasing market share.

Rainbow Weather

Seed Round in 2023
Rainbow Weather is a company that specializes in providing accurate and rapid weather forecasts using artificial intelligence. The firm leverages a variety of data sources, including satellites, meteorological stations, user reports, and shared barometer data, to generate its predictions. Their primary product is a smartphone app available for both iOS and Android devices, which offers hyperlocal forecasts. This app informs users about impending rain and snowfalls, storms, hurricanes, and their movements on the map, helping individuals prepare for weather changes in advance.

Approveit

Pre Seed Round in 2023
Approveit is a software platform that specializes in end-to-end workflow automation for various departments within an organization, including Finance, HR, and IT. The platform integrates directly with Slack or Microsoft Teams, allowing users to manage business tasks on the go without needing additional applications. This integration enables Approveit to streamline approval processes, potentially speeding them up by up to 80%. The company serves over 50 clients across the United States, Europe, and Australia, managing more than 100,000 customer requests. Notable clients include Blade, Midokura (a Sony Group Company), and EasyGo. Approveit's platform is designed to boost productivity by automating repetitive tasks and optimizing business processes through a subscription-based pricing model.

Jome (formerly NewHomesMate)

Seed Round in 2022
Jome is an AI-powered marketplace to find, compare, and buy new construction homes.

Enclave

Enclave provides coworking spaces with utilities, internet, and conference room access for suburban professionals.
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