Versatile
Process Control Solution for Construction Sites
StartupVersatile is a Tel Aviv-Yafo-based startup in the Industrial Technologies sector, established in 2016. Process Control Solution for Construction Sites . The company has raised a total of $108.53M across 6 funding rounds, currently at the B stage. Versatile was founded by Meirav Oren (Fainaru), Danny Hermann, Ran Oren, Barak Cohen. Key investors include Insight Partners, Rob Phillpot, Entrée Capital, among 11 total investors. The company has 201-500 employees. Core technologies: Data Storage, Cloud, Communications, IOT, Artificial Intelligence, Machine Learning.
With $108.53M in total funding, Versatile is a B-stage company operating in Industrial Technologies. The company follows a B2B business model. Product stage: Released.
- StageB
- ProductReleased
- ModelB2B
- Employees201-500
- HQTel Aviv-Yafo
- DistrictCenter District
- Last Round$80M
- Insight PartnersLead
- Rob Phillpot
- Entrée Capital
11 investors total
Meirav Oren (Fainaru)Co-Founder & Executive Chairwoman
Danny HermannCo-founder
Ran OrenCo-founder
Barak CohenCo-founder (Left the company)
12 articles covered by sources including www.calcalistech.com,
en.globes.co.il,
builtworlds.com,
www.themarker.com,
techcrunch.com.
What does Versatile do?
Versatile addresses inefficiencies in construction, particularly with managing cranes and jobsite productivity, which can lead to delays, overtime, and suboptimal resource use. Versatile develops a hardware and software solution that collects data on crane activities, providing real-time insights to optimize crane usage, track site productivity, and improve decision-making.
How much funding has Versatile raised?
Versatile has raised $108.53M in total funding across 6 rounds. The company is currently at the B stage. Key investors include Insight Partners, Rob Phillpot, Entrée Capital.
Who founded Versatile?
Versatile was founded in 2016 by Meirav Oren (Fainaru) (Co-Founder & Executive Chairwoman), Danny Hermann (Co-founder), Ran Oren (Co-founder), Barak Cohen (Co-founder (Left the company)).
What sector is Versatile in?
Versatile operates in Industrial Technologies, Process Automation & Intelligence Systems, with core technologies in Data Storage, Cloud, Communications, IOT, Artificial Intelligence, Machine Learning. Target customers: Real Estate & Construction, Construction.
Where is Versatile located?
Versatile is based in Soncino St 3, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.