# PT Verihubs Inteligensia Nusantara

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-verihubs-inteligensia-nusantara

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.verihubs.com/
- Total disclosed funding: $2.8M
- Latest round: Seed (Sep 27, 2021)
- Investors on record: 3

## About

Based in Jakarta, Indonesia, PT Verihubs Inteligensia Nusantara specializes in advanced digital identity verification and fraud prevention solutions, enhancing security for businesses across various sectors.PT Verihubs Inteligensia Nusantara offers digital identity verification services aimed at combating fraud. Founded by Hendoko Kwik and Rick Firnando, the company is headquartered in Jakarta, Indonesia. On September 27, 2021, they raised USD 2.8 mn in Seed funding led by Insignia Ventures Partners, with participation from Amand Ventures and Central Capital Ventura.Verihubs specializes in providing advanced digital identity verification and fraud prevention solutions. Their core offerings include a comprehensive suite of identity verification tools that leverage machine learning and biometric technologies to enhance security for businesses across various sectors, particularly targeting financial services, e-commerce, and telecommunications. They serve clients from multiple geographical markets, including North America, Europe, and Asia, catering to both large enterprises and small to medium-sized businesses.Verihubs generates revenue primarily through subscription-based services that grant clients access to their identity verification platforms. Contracts feature tiered pricing based on the volume of verifications processed, allowing tailored, scalable solutions. Their flagship products, integral to their transaction structure, enhance security while enabling clients to efficiently incorporate the technology into their existing systems. Partnerships with retail and e-commerce platforms further bolster revenue through fraud protection and streamlined customer experiences.Following their Seed funding of USD 2.8 mn in September 2021, PT Verihubs Inteligensia Nusantara plans to utilize these resources to expand into other Southeast Asian markets such as the Philippines and Vietnam. They are also in the process of developing new products aimed at enhancing their identity verification solutions, although specific launch dates have not been disclosed.

## Funding rounds

- Seed, Sep 27, 2021, $2.8M — Insignia Ventures Partners, Central Capital Ventura, Amand Ventures

## Investors

- Insignia Ventures Partners (https://capitalatlas.ai/funds/insignia-ventures-partners) — Seed
- Central Capital Ventura (https://capitalatlas.ai/funds/central-capital-ventura) — Seed
- Amand Ventures (https://capitalatlas.ai/funds/amand-ventures) — Seed