Veridic Solutions
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Veridic Solutions - overview
Established
2016
Location
Durant, OK, US
Primary Industry
Software
About
Base in Oklahoma, US, and founded in 2016 formerly owned by Devender Aerrabolu, Veridic Solutions provides customers in a variety of industries with custom cloud and digital transformation services, including financial services, technology, and healthcare. The company's client base includes 3M, BEST BUY, COMCAST, Disney, Hewlett Packard Enterprise, and NIKE. In September 2021, Veridic Solutions received investment from Housatonic Partners and Pracinco. The firm offers amazon web services (AWS) services such as application development, service monitoring, infrastructure optimization, cloud migration, DevOps automation, AWS DevOps talent.
The company also develops cutting edge solutions for freight forwarders in trucking management, data acquisition (ADQ) for wind turbines in monitoring and controlling, and PDA applications for retailers and back-office systems The partnership of Housatonic Partners will assist the company in its next phase of expansion.
Current Investors
Housatonic Partners, Pracinco Management, LLC
Primary Industry
Software
Sub Industries
Offshore IT Services/IT Outsourcing, Analytics & Performance Software, Application Integration Software, Systems Management Software
Website
www.veridicsolutions.com
Verticals
Cloud Computing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Veridic Solutions - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Veridic Solutions | - |
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