- Acquired by Four M Commercial Operations, Feb 2025
- Raised $2.5M Series B, Nov 2023
- Raised $3.5M Series A led by Compass Ventures Group, Jul 2022
About
Varcode develops technology for continuous cold-chain monitoring for perishables such as food and medicine. The company's technology provides a dynamic barcode, barcode readers, and a dashboard for up-to-date transportation information. Varcode's SmartTags are barcodes that change according to time and temperature conditions. Distributors can scan the code and determine how well their goods have been preserved throughout the transportation process. SmartTags' data helps distributors determine the most appropriate use of each delivery and whether it is in optimal condition, should be sold at a discount, or must be returned. The SmartTags system also includes a cloud-based SaaS for reports and alerts. SmartTags can be read by specialized scanners as well as most smartphones. In 2018, Varcode was chosen to participate in the IBM Alpha Zone accelerator program.
Funding history · 4 rounds · $6.0M total
Offices
Show all offices (1 more)
- Chicago, United States
Q&A
- What is Varcode's primary business?
- Varcode develops technology for continuous cold-chain monitoring for perishables like food and medicine, utilizing dynamic barcodes, barcode readers, and a dashboard for real-time transportation information.
- When was Varcode acquired and by whom?
- Varcode was acquired by Four M Commercial Operations in February 2025.
- What is the core technology behind Varcode's solution?
- Varcode's core technology involves SmartTags, which are barcodes that change based on time and temperature conditions, allowing distributors to assess product preservation during transport.
- Where is Varcode headquartered?
- Varcode's headquarters are located in Ra'anana, Center District, Israel.
- What was Varcode's most recent funding round?
- Varcode's most recent funding round occurred in April 2021, raising $500,000 with participation from Compass Ventures Group.
- How many employees does Varcode currently have?
- Varcode has an employee count in the 1-10 range.
- Who are the founders of Varcode?
- The founders of Varcode are Dan Bergstein, Co-founder & Vice Chairman, and Yaron Nemet, Founder & CTO.
- In which accelerator program did Varcode participate?
- In 2018, Varcode was chosen to participate in the IBM Alpha Zone accelerator program.
Team · 6
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | varcode.com |
|---|---|
| linkedin.com/company/5318602 | |
| facebook.com/VarcodeGlobal | |
| YouTube | youtube.com/@varcode5953 |
Identifiers & details
| Legal name | Varcode Ltd. |
|---|---|
| Founded | 2006-9 |
| Employees (exact) | 5 |
| Offices | Chicago |
| Status reason | Acquired by Four M Commercial Operations on Feb, 2025 |
Acquisitions & public offerings
Acquired by Four M Commercial Operations 2025-02
Radar intelligence
Patents
| EPO | 13 |
|---|
App Store
| App | Rating | Ratings |
|---|---|---|
| Varcode B2B | 5 |
Web history (Wayback)
| Domain | varcode.com |
|---|
Certificate / subdomain footprint
| Subdomains | 39 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 513878587 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2006-09-27 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2022 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | זרחין אלכסנדר 26 רעננה |