/Companies

Verofax

500 Global '22Plug and Play Ventures

Singapore, AE · Founded 2018 · 38 employees on LinkedIn · 7 known investors

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Verofax builds a suite of blockchain-based applications for supply chain and inventory tracking, operating out of Singapore and the United Arab Emirates. Its technology uses item-level serialization and traceability to connect physical products to digital records, giving businesses analytics on their goods and the ability to automate operational processes.

Also known as Verofax AI · Verofax Limited

Founders & leadership

Verofax was founded in 2018 by Jamil Zablah and Wassim Merheby.

JZJamil Zablah
Jamil ZablahCo-Founder and Board DirectorJamil Zablah co-founded Verofax, a blockchain-based supply chain and inventory tracking platform, and previously held senior leadership positions at Publicis Groupe where he built innovation units across the MENA region. He currently serves as Chief Operating Officer and Board Advisor at iCogz, an AI-powered business intelligence platform.
WMWassim Merheby
Wassim MerhebyCo-founder · Chief Executive Officer

Investors · 7

Also in the syndicate · 1

Vernalis Capital

Funding

SEC filings, press & company announcements

$3M disclosed across 1 of 4 rounds · 2022–2024

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Sep 2026

Verofax offers an enterprise platform built around what it calls "AI Employees" — conversational, agentic AI agents deployed across websites, mobile apps, phone, email, WhatsApp and onsite hardware to answer questions, guide customers, automate tasks and support sales. The company groups its offering into three lines: Entertainment AI (AI mascots, virtual guides, gamified journeys and AR activations aimed at visitor engagement and spend), AI Employees (multilingual, always-on customer service and recommendation agents), and Compliance AI (computer-vision verification, digital audits and compliance workflows). Agents are described as supporting more than 180 languages and are trained on a customer's own data covering tone, policies, products and workflows, with integrations into CRM, ERP, knowledge-base and ticketing systems such as Salesforce, SAP and Zendesk.

Onsite deployment uses a "Holobox" unit that presents a human-like AI avatar for in-store, kiosk and smart-counter service, including custom celebrity and influencer avatars. Computer-vision use cases listed include tray setup and station validation for food-safety compliance, retail shelf scanning and stock verification, face and gesture recognition for touchless check-in, QR and barcode scanning to trigger product information, and behavioural analytics. Augmented reality is used for treasure hunts across stadiums, cities and museums, virtual try-ons, gamified challenges and product storytelling.

Earlier positioning centred on asset digitisation and traceability: at the time of its 2022 pre-Series A the company described patented technology combining blockchain, augmented reality and artificial intelligence to deliver "traceability as a service", letting brands trace goods through the supply chain, counter counterfeiting, improve manufacturer productivity and convert giveaways into tradeable NFTs.

Founding story

Verofax was founded by Wassim Merheby and Jamil Zablah; Wamda reports a 2018 founding, while Merheby's speaker biography states he co-founded the company in 2019 to address customer engagement and compliance management with AI humans and cognitive computer vision. Merheby, who serves as CEO, previously held retail leadership roles at Microsoft, Nokia and Kraft Foods and set up his first business in 2010 as a Nokia-Microsoft partner.

Business model

Verofax sells enterprise software and deployments to businesses and public-sector organisations, engaging prospects through demo bookings and direct contact with its sales team. Onsite deployments combine software with Holobox avatar hardware, and the company states implementations can go live in around 30 days.

Enterprise software deployments sold to brands, venue operators and government bodies; the site markets outcomes such as increased sales, upsell revenue and reduced operational costs rather than published pricing.

Traction

The company reports deployment in more than 50 markets and Fortune 100 customers. Marketing claims include validated 20–50x marketing ROI, conversion uplift of up to 70% in retail, and a 45% sales increase from Holobox deployments; these figures are company-stated. A customer quote from Anheuser-Busch's global director for premium brands references an interactive-packaging deployment during a FIFA World Cup promotion.

Latest developments

The company's current website presents an AI Employees platform across web, app, phone, email, WhatsApp and onsite channels, with Entertainment AI and Compliance AI lines. CEO Wassim Merheby is listed to speak on a panel about AI and human interaction at the Sharjah Entrepreneurship Festival on 31 January 2026.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Verofax positions itself as an enterprise agentic AI vendor serving Fortune 100 brands across 50+ markets, spanning retail and malls, airports and airlines, hotels and hospitality, tourism and attractions, government and smart cities, healthcare, sports and events.

Verofax combines conversational agentic AI with augmented reality and computer vision, and delivers the same AI persona across digital channels and physical venues via Holobox hardware, including custom celebrity and influencer avatars, alongside compliance and audit workflows.

Technology

Agentic AI conversational agents with human-like avatars supporting 180+ languages; augmented reality experiences; computer vision for detection, scanning and recognition; Holobox onsite avatar units; and integrations with CRM, ERP, knowledge base and ticketing systems. Earlier technology was described as patented and combined blockchain, AR and AI for item traceability and serialisation.

Go-to-market

Direct enterprise sales supported by demo requests and contact forms on the company site, alongside a partner and channel motion: at the time of the 2022 round Verofax was a Microsoft Gold Partner with a network of distributors and resellers and co-selling on Microsoft AppSource, Amazon AWS and Ant Group AntChain. The current site identifies the company as a Microsoft Partner and cites 5-star Clutch and 4.9-star Google ratings.

Enterprises and public-sector bodies in retail and consumer goods, supermarkets and grocery chains, malls, omnichannel and ecommerce retailers, airports and airlines, hotels, tourism and attractions, sports venues, events, healthcare providers and government and smart-city agencies. Named or quoted customers and partners include Anheuser-Busch, Bahrain Islamic Bank (BisB) and Tracer.

Geography

The company states deployment across more than 50 markets. It was described in 2022 as UAE-headquartered, and named country managers appear on its team page.

History

Verofax was launched in 2018 as a UAE-headquartered asset digitisation and traceability provider using blockchain, AR and AI. In January 2022 it announced a $1.5 million pre-Series A round and said it planned a Series A later that year. The current product and website positioning centres on agentic AI, AR and computer vision for customer engagement and compliance, with a separate VeroTrace unit retaining a traceability focus.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Holobox deployment timeJan 202530 days
Languages supported by AI agentsJan 2025180 languages
Markets with deploymentsJan 202550 markets
Retail conversion upliftJan 202570%
Sales uplift from Holobox deploymentJan 202545%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jan 2026
CEO Wassim Merheby to speak at Sharjah Entrepreneurship Festival

Verofax CEO Wassim Merheby is listed as a panellist on 'Will AI Replace Human Interactions? Tech, Talent & the Human Edge' at the Sharjah Entrepreneurship Festival.

source ↗

Jan 2022
Verofax raises $1.5 million pre-Series A led by Benson Oak Ventures

Verofax Limited announced a $1.5 million pre-Series A round led by Benson Oak Ventures with 500 Global, Wami Capital and Vernalis Capital, to expand sales and marketing internationally ahead of a planned Series A later in 2022.

$1.5M source ↗

Jan 2022
Microsoft Gold Partner status and co-selling on AppSource, AWS and AntChain

Verofax was reported as a Microsoft Gold Partner with a global distributor and reseller network, co-selling on Microsoft AppSource, Amazon AWS and Ant Group AntChain.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Verofax do?
Verofax provides agentic AI, AR and computer-vision products for customer service, visitor engagement and compliance.
Who founded Verofax?
Verofax was founded by Jamil Zablah, Wassim Merheby in 2018.
Who are Verofax's investors?
Verofax's investors include 500 Global, Oraseya Capital, Plug and Play Ventures, Sero Capital, LLC, Benson Oak Ventures, Wami Capital.
How much funding has Verofax raised?
Verofax has disclosed $3M raised across 1 of its 4 known rounds.
Where is Verofax headquartered?
Verofax is headquartered in Singapore, AE.