Verofax Limited
2024 Revenue
$1.6M
Funding
$0
YOY
86.6%
Team
32
Founded
2018
How Verofax Limited CEO Wassim Merheby grew to $1.6M revenue with a 32 person team in 2024.
Verofax offers traceability as a service: - New standard of Product track and trace. - Last Mile delivery traceability. - Transaction validation on origination and termination.
Last updated
Verofax Limited Revenue
In 2024, Verofax Limited's revenue reached $1.6M. The company previously reported $845.7K in 2023. Since its launch in 2018, Verofax Limited has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Verofax Limited Hit $1.6m revenue in October 2024 | |
| 2023 | Verofax Limited Hit $845.7k revenue in December 2023 | |
| 2021 | Verofax Limited Hit $607.6k revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
Verofax Limited Valuation, Funding Rounds
Verofax Limited is a bootstrapped Last Mile Delivery Software startup. Founded in 2018, Verofax Limited has grown to $1.6M in revenue without raising any venture capital or outside funding.
As a self-funded Last Mile Delivery Software SaaS company, Verofax Limited has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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 Verofax Limited yet.
Verofax Limited Employees & Team Size
Verofax Limited employs approximately 32 people as of 2026, down from 37 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 32 employees (October 2024) |
| 2023 | Reached 37 employees (December 2023) |
| 2022 | Reached 36 employees (December 2022) |
| 2021 | Reached 32 employees (December 2021) |
| 2021 | Reached 11 employees (April 2021) |
Frequently Asked Questions about Verofax Limited
What is Verofax Limited's revenue?
Verofax Limited generates an estimated $1.6M in annual revenue.
Who founded Verofax Limited?
Verofax Limited was founded by Wassim Merheby.
Who is the CEO of Verofax Limited?
The CEO of Verofax Limited is Wassim Merheby.
How much funding does Verofax Limited have?
Verofax Limited is bootstrapped and has not raised outside funding.
How many employees does Verofax Limited have?
Verofax Limited has 32 employees.
Where is Verofax Limited headquarters?
Verofax Limited is headquartered in Middletown, Delaware, United States.
Compare Verofax Limited to the industry
Verofax Limited operates across multiple industries. Browse revenue, funding, and growth data for Verofax Limited in each sector below.
Data and Sources
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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