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Veros Systems
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Short description

Provider of solutions to monitor the reliability and energy efficiency of electrically powered rotating machines

Founded in 2001
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector buildings

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters College Station, TX College Station, United States
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Updated by Cleantech Group on 03/07/2019

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Date Company
01/01/2014

NRG NRG

NRG installed Veros ForeSight to continuously monitor motor driven centrifugal pumps and four motor driven fans.

Confirmed by NRG
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Date Partner Type
06/04/2019
Siemens Siemens
interfaced Veros ForeSightTM technology with Siemens Large Drives to provide new performance and health monitoring of motors and the assets they drive, all without installing any sensors on the rotating assets themselves
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Confirmed by Siemens
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Date Investors Type Amount
06/04/2020 Shell Ventures Shell Ventures , Austin Ventures Austin Ventures , Chevron Technology Ventures Chevron Technology Ventures , LiveOak Venture Partners LiveOak Venture Partners (4)
Post-money valuation of
Funding will be used to expand its installed base and capabilities for Cloud computing.
Growth Equity $2,200,000
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Veros Foresight

Veros ForeSight provides real-time performance management and health of induction motor driven equipment using induction sensors for fault detection.

 Wide Commercial Availability
$/kW (current)
$/kW (projected)
$/kWh (current)
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