Valuation
$5.5M
2024 Revenue
$6.1M(Est.)
Funding
$38.9M
Team
73
Founded
2015
Verusen Revenue, Valuation & Funding (2024)
Supply Chain Intelligence for Materials Management
Last updated
Verusen Revenue
In 2024, Verusen's revenue reached $6.1M. The company previously reported $4.1M in 2023. Since its launch in 2015, Verusen has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Verusen Hit $6.1m revenue in October 2024 | Estimated |
| 2023 | Verusen Hit $4.1m revenue in December 2023 | Estimated |
| 2021 | Verusen Hit $3.4m revenue in January 2021 | |
| 2015 | Launched with $0 revenue |
Verusen Valuation, Funding Rounds
Verusen reached a $5.5M valuation in 2018, set during its Seed round.
Verusen has raised $38.9M in total funding across 5 rounds, most recently a $25M Series B round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series B | $25M | - | - | |
| 2021 | Series A | $8M | - | - | |
| 2020 | Seed Round | $3M | - | - | |
| 2018 | Seed Round | $2.7M | $5.5M | 49% | |
| 2017 | Angel Round | $245K | - | - |
Founders
Scott Matthews
CEO
As a Chief Executive Officer and forward-thinking corporate strategist, I drive explosive company growth through calculated risk-based decision making that is balanced and respectful to employees for constant inspiration. With a strong history of opening new markets around the world, I am a recognized change agent – respected for building and leading best-in-class businesses, capturing Fortune 100 clients, executing game-changing strategies, and delivering immediate, transformational results to position brands as industry leaders. A sales-oriented CEO with a motivating leadership style, I create high growth environments built on transparent communication principles that inspire employees to perform at high levels without attrition. Throughout my career, I have placed a focus on building strong relationships through trust and respect. From the C-suite and Board of Directors to diverse international business leaders and cross-functional teams, I listen well and manage conflict with compassion while not hesitating to seek out-of-the-box solutions to meet the needs of various stakeholders. I believe that businesses are the most successful when they provide value to customers in a frictionless environment built on repeatable processes. This serves to future-proof organizations during the inevitable complex fluctuations in the global marketplace. Professional Areas of High Impact include Revenue Growth, Sales & Marketing, M&A Management, ACV Growth, Platform Growth, Customer Churn Rate, Attrition Rate, Operations, Cost Controls, Performance Improvements, and Profit Building. A highly-collaborative and strategic leader, I recruit the best, capitalizing on each persons’ strengths and creating performance-focused work cultures that empower and support employees, encourage ideas, and reward successes.
Paul Noble
Founder
My passion for entrepreneurship has always shaped my approach for go-to-market strategies and tools, which was the driving force to pursue my dream of launching my own organization to improve the availability of easy to use technology for optimizing the supply chain for materials management.
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 Verusen yet.
Verusen Employees & Team Size
Verusen employs approximately 73 people as of 2026, up from 66 in 2023, including 7 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 73 employees (December 2024) | |
| 2024 | Reached 68 employees (September 2024) | |
| 2023 | Reached 66 employees (December 2023) | |
| 2022 | Reached 67 employees (December 2022) | |
| 2022 | Reached 58 employees (January 2022) | |
| 2021 | Reached 67 employees (December 2021) | |
| 2021 | Reached 38 employees (January 2021) |
Frequently Asked Questions about Verusen
What is Verusen's revenue?
Verusen generates an estimated $6.1M in annual revenue.
Who founded Verusen?
Verusen was founded by Paul Noble.
Who is the CEO of Verusen?
The CEO of Verusen is Scott Matthews.
How much funding does Verusen have?
Verusen raised $38.9M across 5 rounds.
How many employees does Verusen have?
Verusen has 73 employees.
Where is Verusen headquarters?
Verusen is headquartered in Atlanta, Georgia, United States.
Compare Verusen to the industry
Verusen operates across multiple industries. Browse revenue, funding, and growth data for Verusen 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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