2024 Revenue
$6.7M
Funding
$0
YOY
50.9%
Team
57
Founded
2014
How VEERUM CEO David Lod grew VEERUM to $6.7M revenue with a 57 person team in 2024.
Developer of an industrial Internet of Things technology system designed to improve the viability of energy projects. The company's system eliminates rework from industrial projects through creation of exact replica of project site, virtual fabricated parts, logistics management and construction monitoring, enabling clients to finish their projects safely, on time and within budget.
Last updated
VEERUM Revenue
In 2024, VEERUM's revenue reached $6.7M. The company previously reported $4.4M in 2023. Since its launch in 2014, VEERUM has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | VEERUM Hit $6.7m revenue in October 2024 | |
| 2023 | VEERUM Hit $4.4m revenue in December 2023 | |
| 2021 | VEERUM Hit $2.9m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
VEERUM Valuation, Funding Rounds
VEERUM is a bootstrapped Digital Twin Software startup. Founded in 2014, VEERUM has grown to $6.7M in revenue without raising any venture capital or outside funding.
As a self-funded Digital Twin Software SaaS company, VEERUM has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
VEERUM Employees & Team Size
VEERUM employs approximately 57 people as of 2026, down from 60 in 2023, including 3 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 57 employees (December 2024) |
| 2024 | Reached 64 employees (October 2024) |
| 2023 | Reached 60 employees (December 2023) |
| 2022 | Reached 57 employees (December 2022) |
| 2021 | Reached 48 employees (December 2021) |
| 2021 | Reached 35 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for VEERUM yet.
Frequently Asked Questions about VEERUM
What is VEERUM's revenue?
VEERUM generates $6.7M in revenue.
Who founded VEERUM?
VEERUM was founded by David Lod.
Who is the CEO of VEERUM?
The CEO of VEERUM is David Lod.
How much funding does VEERUM have?
VEERUM raised $0.
How many employees does VEERUM have?
VEERUM has 57 employees.
Where is VEERUM headquarters?
VEERUM is headquartered in Calgary, Alberta, Canada.
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Compare VEERUM to the industry
VEERUM operates across multiple industries. Browse revenue, funding, and growth data for VEERUM in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
Data Disclaimer
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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