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Verofax logo — Turn your product into your most effective marketing tool di...

Verofax

Turn your product into your most effective marketing tool direct to consumer. Achieve 20X outcomes vs online marketing.

Founded 2018 United States Middletown, United States 32 employees Venture round Total: $5.95M

General Information

Company Name Verofax
Founded Year 2018
Location United States Middletown, United States
Employees 32
Funding Stage Venture round
Social

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About Verofax

Verofax, founded in 2018 and headquartered in the United States, aims to revolutionize consumer engagement for CPG brands. The company's slogan, "Turn your product into your most effective marketing tool direct to consumer. Achieve 20X outcomes vs online marketing." reflects its commitment to leveraging digital twin solutions to create immersive product experiences. Verofax's offerings promise to deliver substantial benefits to CPG brands, including a 70% reduction in the cost of acquisition and a 100X increase in promotional ROI compared to "under-the-cap code" strategies. Additionally, the company enables the collection of 1000X more data points directly from consumers, leading to unprecedented NPS scores. Verofax recently secured a significant $3.00M Venture Round investment on 27 August 2024, with participation from prominent investors such as Plug and Play, Trove Capital, Tracecore CVC, Navig8 Group, King Abdullah University of Science and Technology, Jawa Brothers Advisory, and Alzamil Pedco CVC. This latest investment underscores the confidence of these investors in Verofax's innovative approach and its potential to disrupt the traditional CPG marketing landscape. With its compelling value proposition and strong investor backing, Verofax is poised to make a significant impact in the realm of digital marketing for CPG brands.

Taxonomy: Digital Twin Solutions, CPG Brands, Customer Data Management, Supply Chain, Traceability as a Service, Computer Vision, Inventory Tracking, Frictionless Promotion, Consumption Insights, Trade Incentives, Martech, ESG Rating, Waste Recycling

Services & Products

Interactive product packaging
loyalty programs validation
NFT lifecycle management
tokenized loyalty programs
augmented reality experiences

Target Customers

Retail brands tourism industry consumer packaged goods companies oil and gas companies logistics companies pharmaceutical companies manufacturing companies

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $3.00M 7
Plug and Play
Plug and Play, Trove Capital +5
27 Aug 2024
Convertible Note Undisclosed 1
Plug and Play
Plug and Play
01 Dec 2023
Seed Round $1.50M 5
LoftyInc Alpha Fund 500 Startups Benson Oak Ventures
LoftyInc Alpha Fund, 500 Startups +3
03 Jan 2022
Seed Round $1.20M 4
Kepler Partners, Trove Capital +2
04 Mar 2021
Pre Seed Round $250.00K 1
Privity
06 Jul 2020

Verofax Alternatives & Competitors

Verofax vs
Saara AI
Saara AI

Empowering ecommerce businesses to thrive sustainably, reduce returns, and optimize shipping while d...

Non Equity Assistance
11-50 employees
AI, E-Commerce

FAQ About Verofax

Turn your product into your most effective marketing tool direct to consumer. Achieve 20X outcomes vs online marketing.
Verofax was founded in 2018.
Verofax is headquartered in Middletown, United States.
Verofax has approximately 32 employees.
Verofax has completed 5 funding rounds, raising a total of $5.95M. The latest funding stage is Venture round.
Verofax offers: Interactive product packaging, loyalty programs validation, NFT lifecycle management, tokenized loyalty programs, augmented reality experiences.
Top alternatives and competitors to Verofax include Saara AI. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Verofax and Saara AI are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Verofax, https://bouncewatch.com/company/verofax, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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