Veryable
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
Revenues | 4.9m | 9.9m | 15.2m | 20.8m |
% growth | - | 102 % | 53 % | 37 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Angel | |
N/A | $1.1m | Seed | |
N/A | Seed | ||
N/A | Seed | ||
$6.0m | Seed | ||
$31.9m | Series A | ||
Total Funding | $39.0m |
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Recent News about Veryable
EditVeryable operates an on-demand labor marketplace designed to optimize manufacturing costs and productivity. The company serves businesses in the manufacturing sector, providing them with flexible labor solutions that allow them to scale efficiently while maintaining lower and more constant cost structures. By leveraging technology, Veryable transforms the traditional labor market into a real-time marketplace, enabling businesses to adjust labor costs in small increments directly proportional to output. This approach not only helps businesses manage labor costs more effectively but also improves overall productivity and supports organic growth. Veryable's business model involves connecting businesses with a pool of ready-to-work labor through its platform, generating revenue through transaction fees and service charges. The company primarily operates in the manufacturing sector, targeting operations leaders and businesses looking to enhance their labor management strategies.
Keywords: on-demand labor, manufacturing, productivity, cost optimization, flexible labor, real-time marketplace, labor market, organic growth, transaction fees, service charges.