Veratrak
Veratrak is a UK-based SaaS provider founded in 2018 that delivers an External Supply Operations Platform aggregating real-time batch, inventory, and shipment data across pharmaceutical CMOs, 3PLs, and suppliers, with pharma-grade compliance and zero partner-side integration friction.
- Company typePrivate
- Founded2018
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Veratrak does
Veratrak is a UK-headquartered SaaS provider founded in 2018 that builds an External Supply Operations Platform for pharmaceutical manufacturers managing outsourced production and distribution. The platform aggregates batch status, inventory positions, production schedules, quality events, and shipment tracking across CMOs, 3PLs, and suppliers into a single real-time view, using a universal ingestion layer that connects to partner systems ranging from advanced WMS platforms to basic Excel exports without requiring partner-side changes. Core products include the Collaboration Platform (secure multi-party document and artwork workspaces), the Hub Platform (integration, live tracking, and Supply Risk Radar), and modules for External Manufacturing Management, Supply Chain Planning (S&OP aggregation and allocation intelligence), Purchase Orders Management, and Scope 3 Emissions reporting for EU CSRD compliance. The platform is built to pharmaceutical regulatory standards, with 21 CFR Part 11 compliance, GAMP 5 validation, blockchain-based immutable audit trails, and ISO/IEC 27001:2022 and ISO 9001:2015 certifications.
The company sells through direct enterprise field sales targeting supply chain, external manufacturing, quality/compliance, and digital/IT transformation leaders at global, mid-size, and biotech pharma firms, supplemented by active conference presence at LogiPharma, CPHI, Pharmapack, PHARMAP, and Pharma Supply Chain Security World. Revenue is generated via annual subscription contracts on a quote-based pricing model tailored to partner count, sites, and modules selected. Named customers include Top 5, Top 10, and Top 20 global pharmaceutical manufacturers in the UK, US, and Japan, plus a mid-size biotech, with documented outcomes including 42% savings per integration, 58% reduction in integration effort, sub-3-month market entry timelines, and 80% of carbon footprint made measurable.
Veratrak has raised approximately £5.3M ($6.5M) in Seed funding in January 2023 led by Crane Venture Partners, with prior rounds led by Force Over Mass (2019) and Seedcamp (2018). The company operates with 11–50 employees from its Altrincham, UK headquarters and manages 200+ partnerships across six continents.
Veratrak firmographics
Firmographics- Name
- Veratrak
- Legal name
- Veratrak
- Website
- https://veratrak.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Veratrak is a UK-based SaaS provider founded in 2018 that delivers an External Supply Operations Platform aggregating real-time batch, inventory, and shipment data across pharmaceutical CMOs, 3PLs, and suppliers, with pharma-grade compliance and zero partner-side integration friction.
- Ownership category
- akta.pro rank
Veratrak industry classification
Industry- Product category
- Pharmaceutical Supply Chain Software
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Medication Inventory, Procurement & Supply Chain (Pharmacy) (HLACAKAI)
Keywords
Where Veratrak is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Veratrak business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription: Software platform provided as subscription service. Pricing appears to be quote-based for enterprise deployments. Platform includes collaboration, visibility, and integration capabilities across external supply chain operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS - Custom pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Veratrak product offering
Product offeringCore offering
Veratrak provides a unified SaaS External Supply Operations Platform built specifically for pharmaceutical manufacturers. It integrates with Contract Manufacturing Organizations (CMOs), Third-Party Logistics providers (3PLs), and suppliers to aggregate batch status, inventory, production schedules, quality events, and shipment data into a single real-time view, without requiring partners to change their systems. The platform includes secure multi-party collaboration, supply risk monitoring, Scope 3 emissions reporting, and procurement modules tailored for pharma-grade compliance.
Product overview
Veratrak offers a unified External Supply Operations Platform designed specifically for pharmaceutical supply chains. The platform consists of the core Veratrak platform complemented by the Collaboration Platform (app.veratrak.com) for secure multi-party document and file management, and the Hub Platform (hub.veratrak.com) for real-time operational visibility and integration. Key modules include External Manufacturing Management for CMO oversight, Supply Chain Planning for S&OP and allocation decisions, Purchase Orders Management for streamlined procurement, and a Scope 3 Emissions Module for carbon footprint reporting. The platform is pharma-grade, built with 21 CFR Part 11 compliance, GAMP 5 validation, blockchain security, and complete audit trails.
Differentiator
Problem solved
Functional benefit
Brands
- HUB by Veratrak: Integration platform providing live shipment tracking, live inventory tracking, live order tracking, and supply risk radar capabilities
- Collaboration Platform
Products and services
- Veratrak External Supply Operations Platform
Quantifiable outcome
- 42% average savings per integration
- +8 more outcomes
Companies that use Veratrak
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles4 records
Veratrak technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature12 records
Veratrak partnerships and signals
Strategic signalScale indicators17 records
Recent moves6 records
Expansion highlights6 records
Veratrak competitors and assessment
Company assessmentBroad incumbents
- SAP: SAP IBP and SAP Business Network are the dominant supply chain planning and external collaboration suites used by most Top 20 pharma manufacturers. Veratrak competes for budget against SAP's roadmap for external manufacturing visibility and integration.
- Kinaxis: Kinaxis Maestro is a leading supply chain planning platform with strong penetration in pharma and life sciences. Veratrak's Supply Chain Planning module competes for S&OP and external-manufacturing data aggregation budgets.
- o9 Solutions: o9 Solutions sells an AI-powered integrated business planning platform to large enterprises including pharma. Veratrak competes for the same external-data-driven S&OP and forecast reconciliation use cases among Top 20 pharma.
- Oracle: Oracle SCM Cloud and Oracle Fusion SCM supply chain planning are widely deployed at large pharma, providing ERP-adjacent functionality that overlaps with Veratrak's planning and external collaboration modules.
Emerging players
- Tive: Tive provides supply chain visibility through IoT trackers and cloud software for shipment and inventory monitoring, serving pharma and other regulated industries. Competes with Veratrak's HUB at the shipment visibility and exception alerting tier.
- LSPedia: LSPedia provides pharmaceutical serialization and track-and-trace SaaS tailored to pharma manufacturers and CMOs. Like Veratrak, it focuses narrowly on pharma and emphasizes regulatory compliance, though it's more oriented to DSCSA reporting than external supply collaboration.
- Controlant: Controlant is a pharma-focused cold-chain visibility provider combining IoT sensors with a cloud platform for real-time temperature and shipment monitoring. Overlaps with Veratrak on the visibility layer for temperature-sensitive pharma logistics.
Direct peers
- project44: project44 is a global supply chain visibility network similar in scope to FourKites, used by large shippers (including pharma and life sciences) for real-time transportation and inventory visibility. Overlaps with Veratrak's HUB Platform functionality.
- TraceLink: Largest direct competitor. TraceLink provides pharmaceutical supply chain serialization, track-and-trace, and external partner orchestration platforms to pharma manufacturers — overlapping with Veratrak on multi-party pharma visibility and compliance with DSCSA/serialization regulations.
- FourKites: FourKites provides real-time transportation and shipment visibility for shippers, including major pharma customers. Veratrak's HUB Platform directly competes on shipment tracking, inventory visibility, and predictive ETAs across logistics partners.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Veratrak social profiles
Digital presenceVeratrak compliance and trust
Trust signalCompliance5 records
Veratrak financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veratrak leadership team
Management profileNumber of profiles
Profiles9 records
Veratrak funding detail
Funding detailFunding overview
Funding rounds6 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veratrak M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veratrak
What does Veratrak do?
Veratrak provides a unified SaaS External Supply Operations Platform built specifically for pharmaceutical manufacturers. It integrates with Contract Manufacturing Organizations (CMOs), Third-Party Logistics providers (3PLs), and suppliers to aggregate batch status, inventory, production schedules, quality events, and shipment data into a single real-time view, without requiring partners to change their systems. The platform includes secure multi-party collaboration, supply risk monitoring, Scope 3 emissions reporting, and procurement modules tailored for pharma-grade compliance.
Is Veratrak a public or private company?
Veratrak is a private company. It is classified as venture growth investor backed and is currently operating.
When was Veratrak founded?
Veratrak was founded in 2018. It employs 11 to 50 people.
Where is Veratrak based?
Veratrak is headquartered in London, United Kingdom, in the Europe region.
How does Veratrak make money?
One revenue line is on record: saaS Subscription.
Who are Veratrak's main competitors?
Broad incumbents on record are SAP, Kinaxis, o9 Solutions and Oracle. Emerging players are Tive, LSPedia and Controlant. Direct peers are project44, TraceLink and FourKites.
Does Veratrak have an API?
No public API is recorded for Veratrak.
What industry is Veratrak in?
Veratrak's product category is Pharmaceutical Supply Chain Software. Its primary akta.pro industry code is HLACAKAI, Medication Inventory, Procurement & Supply Chain (Pharmacy). Its NAICS code is 541511 and its SIC code is 7370.