6 years ago

Veratrak Raises £1 Million to Digitize Pharmaceutical Supply Chain

  • Veratrak, a London-based startup focused on digitizing the pharmaceutical supply chain, has raised £1 million in seed funding led by Force Over Mass

  • Veratrak offers a document collaboration and workflow management platform that utilizes blockchain technology to create an audit trail of document events, aiming to reduce regulatory burdens for pharmaceutical companies

  • The funding will be used to expand Veratrak's operations and enhance its platform.

      • ProblemTechnology

      "Pharmaceutical companies need to share critical documents with partners across the supply chain, but current document management solutions are not regulatory compliant and don't provide an audit trail."

      Solution

      "Veratrak provides a blockchain-based document collaboration and workflow management platform that is regulatory compliant and creates an iron-clad audit trail of all document events. This helps pharmaceutical companies streamline their supply chains and reduce regulatory burdens."

      Covered on