Verastar

Verastar

Since 1998, we’ve been providing small businesses with the essential services they need. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues63.9m96.0m139m166m176m170m182m
% growth8 %50 %45 %19 %6 %(4 %)7 %
EBITDA(<1m)(<1m)(<1m)(<1m)(<1m)(<1m)(<1m)
Profit15.2m5.4m14.4m7.7m15.0m(10.8m)(110m)
% profit margin24 %6 %10 %5 %9 %(6 %)(60 %)
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DateInvestorsAmountRound

N/A

Growth Equity non VC

$205m

Debt
Total Funding-

Recent News about Verastar

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Verastar is a UK-based company that provides essential business services to small and medium-sized enterprises (SMEs). Operating in the telecommunications, energy, water, and insurance markets, Verastar offers a comprehensive suite of services designed to streamline operations and reduce costs for its clients. The company's business model revolves around bundling multiple services into a single, easy-to-manage package, which simplifies billing and customer service for SMEs. Verastar generates revenue through subscription fees and service charges, ensuring a steady income stream while providing value to its customers. The company serves a diverse range of clients, from small retail shops to larger corporate entities, all seeking efficient and cost-effective solutions for their essential business needs.

Keywords: telecommunications, energy, water, insurance, SMEs, cost-effective, bundled services, subscription fees, UK-based, essential business services.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.