Verity Stock

Powered by autonomous drone technology, the Verity system automates inventory checks in large warehouses and DCs, for a zero-error warehouse

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About Verity Stock

Founded in 2014, deep-tech scale-up Verity, created the first commercially successful inventory tracking solution powered by fully autonomous indoor drones. Based in Zurich, Switzerland, with global operations, Verity’s system is used in warehouses to gather valuable insights that enable greater operational efficiencies. The system cuts labor and equipment costs, eliminates errors and disruptions, improves customer service, and reduces waste and CO2 emissions. Flagship clients include Maersk, Ink, DSV, and Samsung SDS. In the live events industries, Verity’s systems create magical moments for audiences around the globe, providing stunning light shows for clients including Cirque du Soleil and Madison Square Garden, and for global tours of major artists including Justin Bieber, Metallica, Drake, and Céline Dion.

Funding History

November 2015$3.0M
June 2018$18.0M
November 2020$7.5M
March 2023$30.0M

Management

Founder

Raffaello D'Andrea

Co-Founder and COO

Markus Waibel

Co-Founder & CTO

Markus Hehn

Board Member

Chetan Mehta

Board Member

Mick Mountz

Co-Founder and COO

Markus Waibel

Board Member

Sebastian Thrun

Board of directors

Chris Cheever

Press

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