Varcode

About Varcode

Varcode is a technology company specializing in cloud-based cold chain monitoring solutions. Founded in 2014 by Yaron Nemet and Daniel Bergstein in Israel, Varcode serves clients in the logistics, pharmaceutical, and food industries. The company operates in the cold chain market, which involves the transportation and storage of temperature-sensitive products. Varcode's business model revolves around selling its proprietary temperature monitoring systems, which provide real-time data on the condition and quality of perishable goods. This data helps clients ensure compliance with regulatory standards and maintain product integrity. Varcode generates revenue through the sale of its monitoring devices and subscription-based access to its cloud platform. The company has secured a robust patent portfolio and has invested $9 million in development to commercialize its technology.