About VerAI Discoveries
VerAI Discoveries is a private company based in Needham, Massachusetts, incorporated in 2020 in Delaware. It has reported $39,349,761 raised in three offerings on Form D since April 2021. Its chief executive is Yair Frastai.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Feb 13, 2025 | Feb 27, 2025 | $23,949,761of $25.0M target | 13 | $1.8M | EquityRule 506(b) | Form D ↗ |
| Oct 17, 2022 | Oct 31, 2022 | $12,000,000fully sold | 7 | $1.7M | EquityRule 506(b) | Form D ↗ |
| Apr 12, 2021 | Apr 26, 2021 | $3,400,000fully sold | 3 | $1.1M | EquityRule 506(b) | Form D ↗ |
| Total, three offerings | $39,349,761 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on VerAI Discoveries's Form D filed Feb 27, 2025.
SG
Stanton Green
Director
AA
Amitai Axelrod
Executive officer and director
TW
Timothy Warman
Director
GB
Gordon Bogden
Director
YF
Yair Frastai
CEO and director
CH
Charles Haythornthwaite
Director
JH
Jeff Horing
Director