Verity

What Verity does

Verity AG is a Zurich-based robotics company, founded in 2014 out of ETH Zurich, that builds and operates a fully autonomous indoor drone system for continuous warehouse inventory management. Its core product, the Verity Warehouse Intelligence Platform, combines three integrated layers: Mobile Intelligence (autonomous drones weighing under 2 lbs, operating in aisles as narrow as 3.5 ft and ceilings up to 82 ft, with sub-1-in-50,000 flight maintenance events), Warehouse IQ (a cloud-based AI analytics layer that fuses high-frequency scan data into prioritized, business-impact-ranked insights), and Enterprise Integration (bidirectional WMS/ERP connectivity for network-wide benchmarking). The system captures approximately 500,000 images per day across a deployed fleet of 200+ facilities in 16 countries, training proprietary computer vision and anomaly-detection models on what the company describes as the largest autonomous indoor drone dataset in the market.

Verity monetizes through enterprise subscription contracts combining hardware deployment, recurring software licensing (Warehouse IQ), and preventive maintenance, with annual billing and quote-based pricing tied to customer KPIs. The go-to-market is direct enterprise field sales targeting 3PLs, large retailers, fashion and apparel brands, manufacturers, and food and beverage distributors. Named enterprise customers include IKEA (100+ drones across 16 European sites), Maersk, DSV, UPS Supply Chain Solutions, KeHE, Haleon, On, Samsung SDS, and Scholl, with disclosed outcomes including 99.9% inventory accuracy, 90% manual labor reduction, 60% stockout reduction, 95%+ OTIF performance, and a 1.4-year payback period at 10-15x ROI. Reported outcomes of 700% account growth between year 1 and year 4 and near-zero churn indicate significant land-and-expand dynamics within enterprise accounts.

The company is led by co-founder and CEO Raffaello D'Andrea, the robotics researcher who previously co-founded Kiva Systems (acquired by Amazon in 2012 for $775M and rebranded Amazon Robotics), along with co-founders Markus Hehn (CTO) and Markus Waibel (CSO). Verity has assembled a 180+ person team across 40+ nationalities, including 20 PhDs, and holds 150+ patents across US, European, Chinese, Japanese, Korean, and Hong Kong jurisdictions covering failsafe autonomous drone navigation. To date, Verity has raised approximately $81M across multiple rounds, with A.P. Moller Holding (Maersk's parent) as a lead strategic investor in 2023, alongside Qualcomm Ventures, EXOR, Airbus Ventures, Sony Innovation Fund, Fontinalis Partners, Verve Ventures, and ROBO Global.

Name

Verity

Legal name

Verity AG

Website

https://verity.net

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Verity AG builds AI-powered autonomous indoor drones and a cloud-based intelligence platform that provide continuous warehouse inventory tracking for large 3PLs, retailers, manufacturers, and food distributors across 200+ facilities in 16 countries.

Ownership category

akta.pro rank

Product category

Warehouse Automation Robotics

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Industrial Trucks, Tractors, Trailors & Stackers (3537)

akta.pro industry

PRIMARYHDAAAIAA

Industrial & Warehouse Robotics

Hardware, Technology & Telecom/Artificial Intelligence & Machine Learning/Robotics & Autonomous Systems

SECONDARYTLAEAKAL

AI/ML Decision Intelligence & Automated Recommendations

Transportation & Logistics/Logistics Technology & Telematics (TMS/WMS, Tracking, ELD/IoT)/Supply Chain Control Towers & Logistics Analytics

SECONDARYTLAEAKAC

Real-Time Operational Visibility & Exception Management

Transportation & Logistics/Logistics Technology & Telematics (TMS/WMS, Tracking, ELD/IoT)/Supply Chain Control Towers & Logistics Analytics

SECONDARYIMAIAMAJ

Supply Chain & Warehouse Automation (Smart Logistics)

Industrials, Manufacturing & Construction/Industrial Services & Facility Operations/Industrial IoT (IIoT) & Smart Manufacturing

SECONDARYIMAHAHAN

Warehouse & Intralogistics Automation Systems (AS/RS, Sortation, Conveyance Controls)

Industrials, Manufacturing & Construction/Industrial Machinery & Heavy Equipment/Industrial Automation & Robotics Equipment

Keywords

• Autonomous warehouse drones
• Warehouse inventory management
• Warehouse intelligence platform
• Autonomous inventory tracking
• Warehouse robotics automation

Headquarters

HQ city

Zurich

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain, Infrastructure

Revenue model

1. Autonomous Drone Systems: Hardware and software platform for autonomous inventory tracking using AI-powered drones. Revenue generated from system deployment, hardware (drones), and ongoing software licensing for the Warehouse Intelligence Platform including Mobile Intelligence, Warehouse IQ, and Enterprise Integration modules.
2. Software-as-a-Service (Warehouse IQ): Cloud-based intelligence platform providing continuous inventory verification, AI-driven insights, and enterprise integration capabilities. Delivered as a subscription service with tiered support options.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Verity sells a Warehouse Intelligence Platform that uses fully autonomous indoor drones to perform continuous inventory scanning inside warehouses and distribution centers, combined with a cloud-based AI analytics layer (Warehouse IQ) and bi-directional integration to WMS/ERP systems. The platform replaces manual cycle counts with continuous autonomous verification, delivering 99.9% inventory accuracy and feeding AI-driven insights back into enterprise supply chain systems.

Product overview

Verity offers a unified warehouse intelligence platform consisting of three integrated components: Mobile Intelligence (autonomous drones capturing physical inventory data), Warehouse IQ (AI-driven analytics and insights layer), and Enterprise Integration (bi-directional connectivity to WMS/ERP systems). The platform operates across more than 200 warehouses worldwide for clients including IKEA, Maersk, DSV, UPS, and others, delivering 99.9% inventory accuracy, 60% stockout reduction, and 10-15x ROI within 18 months.

Differentiator

Problem solved

Functional benefit

Brands

• Warehouse Intelligence Platform: AI-powered autonomous drone system for continuous warehouse inventory tracking
• Mobile Intelligence
• Warehouse IQ
• Failsafe
• Verity Studios

Products and services

• Verity Warehouse Intelligence Platform A comprehensive enterprise warehouse intelligence platform combining fully autonomous indoor drones, an AI-driven analytics layer, and bi-directional WMS/ERP integration to deliver continuous inventory visibility and operational insights for enterprise warehouse and distribution center operations.
• Mobile Intelligence The embodied AI layer of Verity's platform consisting of fully autonomous indoor drones that continuously scan warehouse inventory by capturing barcodes and high-resolution images; drones weigh under 2 pounds, operate in aisles as narrow as 3.5 feet and ceilings up to 82 feet, work in full darkness and in cold storage down to 1°C, and achieve fewer than 1 in 50,000 flights with unplanned maintenance.
• Warehouse IQ The cloud-based AI-driven intelligence layer that orchestrates autonomous drone fleets and fuses scan data to provide proactive risk identification, bottleneck detection, exception prioritization by business impact, and operational benchmarking across sites.
• Enterprise Integration Bi-directional integration module connecting Verity's drone and Warehouse IQ data with customer WMS and ERP systems, providing AI-driven workflow coordination, network-wide benchmarking, and seamless integration with existing warehouse infrastructure.

Quantifiable outcome

• 99.9% inventory accuracy (up to 99.89%)
• +12 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered flagship, core and minor.

• OnflagshipStrategic or Co-development Partner · 7 February 2025Swiss sportswear brand On partnered with Verity and Maersk to pilot RFID technology combined with autonomous drones for warehouse inventory management at a Maersk facility in California. The pilot conducted over 1,500 drone flights, executing more than 80 million RFID reads across 1.25 million individual tags, demonstrating tracking accuracy exceeding 99.9%. On leverages Verity's AI and autonomous drones for complete inventory visibility across supply chains, addressing longstanding challenges in warehouse tracking.
• MaerskflagshipStrategic or Co-development PartnerMaersk uses Verity system at multiple North American warehouses to improve inventory management accuracy and easy integration into WMS. As an end-to-end integrator of container logistics, Maersk delivers excellent customer service around the clock with Verity enabling improved visibility and inventory tracking. Maersk also hosted the On RFID drone pilot at their facility.
• DSVflagshipStrategic or Co-development PartnerDSV, a global 3PL, partnered with Verity for autonomous drone deployment across multiple facilities. DSV Park Gauteng (largest integrated logistics center in Africa) uses Verity for Haleon inventory tracking. DSV Tholen uses Verity for Scholl foot care products. Verity enables DSV to provide client-specific inventory scans and detailed reports on service levels.
• UPS Supply Chain SolutionscoreStrategic or Co-development PartnerUPS Supply Chain Solutions partnered with Verity to bring autonomous inventory tracking to its Kentucky-based UPS Velocity facility. This integration underscores UPS's commitment to building a stronger tech stack focused on precision, speed, and customer experience. As the first of many potential sites, the UPS Velocity facility sets the standard for how robotics and AI can streamline UPS's operations on a global scale.
• KeHEcoreStrategic or Co-development PartnerKeHE, the largest distributor of natural & organic, specialty, and fresh products in North America, partnered with Verity. First facility deployed in Arizona in July 2023, with rollout across all distribution centers in the US. Verity addresses KeHE's need for tight inventory control of perishable goods to reduce write-offs and improve customer service.
• HaleoncoreStrategic or Co-development PartnerHaleon, a global consumer health company (Sensodyne, Panadol, Voltaren), partnered with Verity through DSV Solutions. Verity system performs daily autonomous scans across more than 10,000 pallet locations including temperature-controlled zones, achieving 99.8% inventory accuracy and 95% OTIF performance.
• SchollminorStrategic or Co-development PartnerScholl, a global leader in foot care solutions, relies on DSV as its logistics partner. Verity system enabled Wall-to-Wall inventory audit at DSV Tholen facility achieving 100% accuracy confirmed by independent auditor, 50% cost savings, and 100% time gain.
• Department of War (FCC Covered List Exemption)minorOthersThe Department of War granted Conditional Approval for Verity AG's drone systems, exempting them from restrictions under the FCC Covered List through December 31, 2026. The approvals cover specific aircraft and related components including communications systems, flight controllers, and data transmission devices.
• IKEAflagshipStrategic or Co-development PartnerIKEA deployed over 100 drones in partnership with Verity across 16 European locations for warehouse monitoring. This is part of IKEA's broader digital transformation strategy including generative AI shopping assistant and omnichannel retailing improvements serving approximately 700 million customer visits annually.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• AutoStore: AutoStore is a global cube-storage AS/RS vendor for high-density warehouses, serving retailers and 3PLs. Its installed base competes with Verity for the same warehouse-automation spend and is increasingly integrating inventory-visibility software that converges with Verity's proposition.
• Dematic: Dematic is an established warehouse-automation integrator offering AS/RS, conveyors, sortation, and software for large enterprise DCs. Its broad portfolio addresses the same enterprise buyers and is increasingly incorporating autonomous data-capture and inventory intelligence.
• Symbotic: Symbotic is a publicly-traded warehouse automation platform combining robotics, AI, and software for end-to-end fulfillment. As a much larger, system-level incumbent, it overlaps with Verity at the inventory-visibility and orchestration layer for large retail and 3PL customers.
• Amazon Robotics (Kiva Systems): Amazon Robotics, founded by Verity's co-founder Raffaello D'Andrea as Kiva Systems, operates the dominant AMR-driven fulfillment stack inside Amazon's warehouses. It is the legacy counterpart to Verity and a benchmark for category scale, while serving primarily Amazon rather than external enterprise customers.

Emerging players

• Flyability: Flyability builds collision-tolerant indoor drones for industrial inspection (confined spaces, energy, public safety) rather than warehouse inventory. It shares Verity's autonomous indoor-drone heritage and adjacent IP but operates in a different use-case segment.

Direct peers

• Vecna Robotics: Vecna Robotics provides autonomous mobile robots and orchestration software for warehouse and manufacturing material handling. It serves the same enterprise 3PL/manufacturing buyer profile as Verity and is increasingly adjacent in inventory and operational intelligence.
• Geek+: Geek+ is a global AMR and warehouse robotics vendor covering picking, sorting, and material handling for 3PLs, retail, and manufacturing. Its broad product portfolio targets the same enterprise buyers Verity sells to and is expanding into inventory intelligence features that overlap with Verity's Warehouse IQ.
• Corvus Robotics: Corvus Robotics builds autonomous indoor drones for warehouse inventory scanning, directly competing with Verity's Mobile Intelligence product. Both target zero-error warehouses via fully autonomous, self-charging drones operating inside distribution centers.
• Gather AI: Gather AI provides autonomous indoor drones for warehouse inventory monitoring, with computer vision-based scanning and analytics. It overlaps directly with Verity's drone-based cycle-count replacement and exception-management proposition for 3PL and retail customers.
• Locus Robotics: Locus Robotics is a leading AMR vendor for warehouse picking and inventory workflows, serving many of the same 3PL and retail customers as Verity. While Locus focuses on goods-to-person picking, it competes for the same warehouse-automation budget and increasingly adds inventory visibility capabilities adjacent to Verity's.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/verity-ag
• Xx.com/verity_AG
• Facebookfacebook.com/verityag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds6 records

Investors20 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verity