Verivo Software is a technology company.
Verivo Software has raised $28.0M across 4 funding rounds.
Verivo Software has raised $28.0M in total across 4 funding rounds.
Verivo Software has raised $28.0M in total across 4 funding rounds.
Verivo Software's investors include Building Ventures.
Verivo Software is an enterprise mobility software company that builds platforms enabling organizations to develop, secure, and manage mobile applications across multiple devices. Its flagship products, including AppStudio and Akula, provide drag-and-drop mobile app development and mobile app server capabilities, respectively, serving enterprises in industries such as life sciences, manufacturing, automotive, and transportation. Verivo’s solutions address the challenge of rapidly delivering secure, scalable mobile applications that integrate easily with backend systems, helping businesses accelerate digital transformation and operational efficiency[1][3][5].
Founded in 1998 originally as Pyxis Mobile by Shane Hughes and Todd Christy, the company initially focused on developing PalmPilot applications for financial services. In 2010, Steve Levy became CEO and led the company’s transformation into Verivo Software, shifting focus toward enterprise mobility platforms. The company expanded geographically with headquarters in Waltham, Massachusetts, and offices in London and Australia. A pivotal moment was the launch of AppStudio in 2008, marking its entry into the mobile enterprise application platform (MEAP) market. In 2015, Verivo’s major assets were acquired by Appery.io, reflecting a significant evolution in its business trajectory[1][2][3].
Verivo rides the trend of enterprise digital transformation and mobile-first strategies, addressing the growing demand for secure, scalable mobile applications in complex business environments. The timing aligns with the proliferation of mobile devices in the workplace and the need for centralized governance of mobile apps. Market forces such as cloud adoption, BYOD (bring your own device) policies, and increasing regulatory requirements favor platforms like Verivo’s that combine agility with security. By enabling enterprises to rapidly build and manage mobile apps, Verivo influences the broader ecosystem by accelerating mobile innovation and operational efficiency across sectors[1][3][5].
Following its acquisition of major assets by Appery.io in 2015, Verivo’s technology continues to evolve within a competitive enterprise mobility market increasingly shaped by low-code/no-code platforms and cloud-native architectures. Future trends likely to shape its journey include deeper AI integration for app development automation, enhanced security frameworks, and expanded support for hybrid and multi-cloud environments. Verivo’s influence may grow as enterprises seek platforms that balance speed, security, and integration flexibility, reinforcing its role as a cornerstone in enterprise mobility strategies worldwide[1][2][3].
Verivo Software has raised $28.0M across 4 funding rounds. Most recently, it raised $4.0M Venture Round in April 2013.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2013 | $4.0M Venture Round | Building Ventures | |
| Jan 1, 2012 | $17.0M Venture Round | Building Ventures | |
| Dec 1, 2007 | $2.0M Series B | Building Ventures | |
| Sep 1, 2005 | $5.0M Series A | Building Ventures |