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Industries
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$38.1M
Headquarters
Atlanta, Georgia
Founded
2015
Verusen specializes in materials management solutions for the manufacturing sector, focusing on optimizing Maintenance, Repair, and Operations (MRO) inventory. Its platform uses artificial intelligence to ensure that companies have the right materials at the right time, reducing waste and improving efficiency. Unlike competitors, Verusen offers a software-as-a-service (SaaS) model that provides actionable insights for better decision-making. The company's goal is to help large manufacturing enterprises streamline operations and achieve significant cost savings.
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Total Funding
$38.1M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Health Insurance
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401(k) Retirement Plan
401(k) Company Match
Flexible Work Hours
Artificial intelligence-powered supply chain management software firm Verusen today announced the launch of AI for Spare Parts Criticality, a new evaluation and optimization solution that understands item criticality and operational risk to drive improved stocking strategies for enterprises and manufacturers.
To meet this growing need, Verusen has appointed MRO industry veteran Jeremiah Woodford as Chief Revenue Officer (CRO), responsible for leading the entire sales process, including revenue and sales pipeline creation, market development, and sales operation.
13. There was a lot to love about the Valentine’s Day week. We saw startups raise big VC rounds, add new C-Suite talent, and land new big corporate partnerships. To start off the week, we are rounding up the big headlines from last week across the Southeast. Here is what you need to know to catch up on all the big news:. WHO RAISED Document Crunch, a Florida and Georgia-based startup, closed its $9 million Series A
Recently, the White House announced its landmark executive order on emerging AI technologies, with legislation promising to guide the safety and security of the U.S. government and its workers. The executive order was wide-ranging in scope, spotlighting government guidance for private industry, AI security, workers' support, AI innovation and competition, and American leadership in the field.The White House also announced the formation of the United States AI Safety Institute (US AISI) inside NIST. The US AISI will aim to establish guidelines, tools, and best practices to identify and mitigate AI risk.This comprehensive policy directive from the White House kickstarts how the government approaches AI in a rapidly shifting world. It also aligns with how we approach AI in business, within supply chain management, manufacturing, logistics, and inventory control. The executive order seeks to ensure the safety and security of AI software and networks on a wide-ranging level.But will these guidelines work for industrial distribution and manufacturing inventory? There may be opportunities to lessen risks of AI systems used in logistics, such as biases in routing algorithms or cybersecurity vulnerabilities in inventory tracking
The frightful fall season of Halloween is upon us. This means spooky things are on the rise. It’s right to be wary of things that bump at night or in the day when looking at the tangle of legacy data systems running within your organization. Is your company running its operations with a pieced-together, Frankenstein-patched-up amalgamation of data systems? Are you continually adopting new data technologies individually without a strategic overall plan for architecture?Maybe it’s high time to consider if your organization has its own ‘scary’ aspects of using overlapping and underperforming technology processes.Integrating ApplicationsA recent connectivity study reveals that the number of business technology applications used within companies now exceeds 1,000. However, integration between these apps is in short supply. Less than 30% of these are integrated
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Industries
Industrial & Manufacturing
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$38.1M
Headquarters
Atlanta, Georgia
Founded
2015
Find jobs on Simplify and start your career today