FundedIQ
Biotechnology

Verinetics: Funding, Investors & Team (Oct 2026)

Verinetics creates a system in the cloud that enables healthcare providers to oversee their patients' medication use. Their user-friendly portal tracks the dispensing of medications, promoting transparency and strengthening the relationship between patients and providers. The company is motivated to increase medication access for patients with Opioid Use Disorder.

verinetics.com LinkedIn Durham, United States 1-10 employees
Biotechnology Cloud Data Services Health Care Pharmaceutical B2B
Total raised
$150k
Rounds
1
Latest
Undisclosed round
Mar 2024

Verinetics has raised $150k across 1 funding round on record, the most recent an undisclosed round of $150k announced in Mar 2024.

That round is below the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.

Verinetics Company Profile and Key Stats

Total funding raised
$150k
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$150k in Mar 2024
Employees
1-10
reported band
Headquarters
Durham, United States

Latest funding round on record: Mar 2024.

Verinetics Funding Rounds

Date
Round
Amount
Undisclosed round
$150k

Verinetics Founders and Leadership Team

Name
Role
Contact
Tom Mercolino
Founder
Locked

Contact details for the Verinetics team: 1 of 1 has an email address on file.

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Verinetics Funding Compared to Other Biotechnology Startups

Segment
Companies
Median round
4,185
$8.1M
30,234
$7.6M

Verinetics' latest round of $150k is below the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.

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Verinetics Funding FAQs

What does Verinetics do?

Verinetics creates a system in the cloud that enables healthcare providers to oversee their patients' medication use. Their user-friendly portal tracks the dispensing of medications, promoting transparency and strengthening the relationship between patients and providers. The company is motivated to increase medication access for patients with Opioid Use Disorder.

How much funding has Verinetics raised?

Verinetics has raised $150k across 1 round on record. The most recent is an undisclosed round of $150k announced in Mar 2024.

When did Verinetics last raise funding?

Verinetics' most recent funding round on record is an undisclosed round of $150k, announced in Mar 2024.

Who founded Verinetics?

FundedIQ lists Tom Mercolino (Founder) at Verinetics.

Where is Verinetics headquartered?

Verinetics is based in Durham, North Carolina, United States.

How many employees does Verinetics have?

Verinetics is in the 1-10 employee band.

How does Verinetics' funding compare to other Biotechnology startups?

Verinetics' latest round of $150k is below the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.

About FundedIQ's Verinetics Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Verinetics is left off this page rather than filled in.

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