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VC-funded Company:

Veros Systems
12845 FM 2154, Suite 130
College Station, TX 77845
Phone: 979-764-6600
www.verossytems.com

Veros provides customers with continuous, non-intrusive, scalable, predictive monitoring of industrial asset reliability and energy use across an entire enterprise. At the core of the Veros product is the Predictive Intelligence Platform (PIP), which analyzes 300+ discrete reliability and energy efficiency metrics from voltage and current waveform data and then transforms that data into actionable intelligence for engineers, plant supervisors, and corporate executives. End-users can receive alerts via email or SMS, warning them of an electrical or mechanical fault that may lead to a catastrophic failure sometime in the future. To dig deeper, end-users can turn to PIP's web-based interface, or integrate with leading Enterprise Asset Management suites.

Key Contact
Name
Jim Dechman
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
07/16/13 $5,000,000 Austin Ventures
LiveOak Venture Partners
undisclosed
09/23/13 $3,000,000 Series A-2 Chevron Technology Ventures
undisclosed
07/02/14 undisclosed Shell Technology Ventures
undisclosed