Vericon Systems

Vericon Systems is a legitimate, established UK-based company (incorporated 2018) providing critical IoT solutions for the social housing sector, specifically addressing damp, mould, and boiler efficiency (aligned with 'Awaab's Law'). While the project submission itself was low-quality (exaggerated claims like 'most people have used my product' and generic audience definitions), external verification confirms a solid business with ~£2M-£5M valuation/revenue, verifiable partnerships (City Plumbing, HomeServe), and a team of ~50. The project scores highly on utility and timing but is penalized for the poor quality of the submission data.