Veracross Strengths, Domain Expertise, and Key Differentiators
Veracross, backed by private equity, is a provider of a specialized SaaS-based School Information System (SIS) platform for independent schools. Tailored to meet their unique needs, Veracross seamlessly integrates a robust database with personalized, data-driven communication tools. Deployed in over 250 top-tier private K-12 schools across 20 countries, Veracross is a prominent solution within the global market analytics landscape for educational institutions.
Veracross Recent Developments
Digistorm joined forces with Veracross to enhance the global education experience for private K-12 schools. Specializing in custom apps and school websites, Digistorm complements Veracross's exclusive focus on this sector. The collaboration aims to provide tailored market analytics solutions, emphasizing a commitment to empowering schools in software decisions with planned integrations for seamless collaboration.
Veracross and CrisisGo unite for a safety response solution in K-12 independent schools. Led by Jessica Wallis and Jim Spicuzza, the integration prioritizes effective emergency response systems. The solution ensures instant alerts for first responders, informs families, and promotes secure learning environments. Wallis underscores safety importance, while Spicuzza highlights accurate communication in critical events. Veracross and CrisisGo unite for a safety response solution in K-12 independent schools. Led by Jessica Wallis and Jim Spicuzza, the integration prioritizes effective emergency response systems. The solution ensures instant alerts for first responders, informs families, and promotes secure learning environments. Wallis underscores safety importance, while Spicuzza highlights accurate communication in critical events.
Veracross and Pixevety's integration is facilitating streamlined and secure photo and multimedia data management for K-12 independent schools. This collaborative effort aims to strengthen connections within the school community, emphasizing a commitment to privacy and security.
In 2018, Veracross introduced its sophisticated second-generation software platform, Axiom, in alignment with the Web 3.0 paradigm, marking a significant evolution for the Veracross ecosystem. This cutting-edge platform ensures seamless integration with the database, eliminating the necessity for data transfers between Veracross and external communication tools. The incorporation of integrated communication solutions strategically enhances the Veracross analytics ecosystem, promoting a cohesive and streamlined experience.
Veracross Mergers and Acquisitions (M&A) Activities
In February 2023, Veracross acquired Firefly Learning. Firefly is a student behavior and engagement platform that simplifies school communications, helps parents support student achievement, and engages the whole school community. Firefly works with hundreds of schools in the UK and abroad.
Veracross Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Veracross applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Veracross and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Veracross CRM, Veracross Accounting customers.
Veracross Overview
401 Edgewater Place Suite 360
Wakefield, MA, 1880, United States
1 866-492-3463
https://www.veracross.com/
Ownership: - x
Number of Employees: 130
Functional Markets: CRM, ERP Financial, ERP Services and Operations,
Key Verticals: K12, Higher Education,
Veracross Key Enterprise and Cloud Applications
Veracross CRM, Veracross Accounting
Veracross Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Veracross Revenue Breakdown By Type, $M:
Veracross Enterprise Applications Revenues By Functional Markets, $M:
Veracross Enterprise Applications Revenues By Verticals, $M:
Veracross Revenues By Region, $M
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Veracross Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Veracross Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Veracross Customers
No. of Veracross Customers: 425
No. of Veracross Enterprise Applications Customers: 425
No. of Veracross Cloud Customers: x
No. of Veracross Cloud Subscribers: x
Veracross serves a distinguished clientele exceeding 425 entities throughout the United States, strategically positioned with coordination centers spanning 20 states. Among its notable clients are Lakeside School and The Hun School of Princeton, consolidating Veracross's pivotal role as a leading provider of market analytics solutions to esteemed institutions.
Veracross Market Opportunities, M&A and Geo Expansions
The web-based architecture of the Veracross system, distinguished by meticulous design and data-centric accessibility, functions autonomously, eliminating the necessity for supplemental plugins like Citrix to ensure seamless functionality. This underscores the system's intrinsic self-sufficiency and affirms its dedication to streamlined operations within the market analytics domain.
Veracross Risks and Challenges
Venturing into international markets poses a significant risk due to the inherent challenges associated with expanding beyond the US market. The complexities involved in navigating unfamiliar business landscapes and adapting to diverse regulatory environments increase the likelihood of potential setbacks and adverse outcomes.
Veracross Ecosystem, Partners, Resellers and SI
Veracross and Edsby have integrated to enhance the learning experience for K-12 independent schools. This collaboration provides Veracross schools with access to Edsby's features, while Edsby customers gain exclusive access to Veracross' unique SIS, addressing challenges and fostering student belonging. The integration leverages Veracross' system of record for modern community engagement and learning management.
Veracross and Alii have strategically aligned to integrate the robust Veracross School Information System (SIS) with Alii's fully automated end-to-end accounts payable solution. This collaboration offers educational institutions a comprehensive solution to efficiently manage student information while streamlining and automating accounts payable workflows. The partnership not only reduces the risk of invoice fraud but also significantly saves time by eliminating manual data entry processes.
In 2020, Veracross partnered with Magnus Health, benefiting over 1,000 schools across 20+ countries to enhance educational communities and experiences. Key collaborators, including BlueSnap, Canvas, Clearbit, and others, underscore Veracross's commitment to delivering a comprehensive market analytics solution for educational institutions.
Veracross Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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