# Veracity Verification Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/veracity-verification-solutions

- Industry: Education/Training
- Headquarters: US
- Website: www.veracityvs.com
- Latest round: Seed (Nov 16, 2022)
- Investors on record: 2

## About

Veracity Verification Solutions specializes in providing a comprehensive Technology Management System (TMS) designed for K-12 educational institutions, facilitating the efficient management of educational technologies through a user-friendly platform.Founded in 2020 and headquartered in the US, Veracity Verification Solutions focuses on streamlining the management of educational technologies in K-12 schools. The CEO, Jon Hagmaier, leads the company, which has completed one deal as of November 16, 2022, securing funding to enhance its solutions.Veracity’s primary offering is its Technology Management System (TMS), a Software-as-a-Service solution that centralizes the management of educational technologies for K-12 institutions. The TMS enables users to purchase, adopt, and manage various software applications efficiently, enhancing communication among stakeholders and helping schools track applications, store training resources, and manage renewal data.Veracity generates revenue primarily through subscription-based transactions for its Technology Management System. Educational institutions pay for access to the platform with tiered pricing based on implementation scale and user numbers, typically through annual or multi-year agreements. This model serves a diverse range of educational stakeholders, from smaller districts to larger organizations, by optimizing technology investments in the K-12 sector.In November 2022, Veracity Verification Solutions raised an undisclosed amount of Seed funding led by VTC Ventures, with participation from Virginia Venture Partners and other investors. The funding will be utilized to develop its marketplace and library of on-demand assessments, supporting the company's strategy to enhance its product offerings and expand into new markets.

## Funding rounds

- Seed, Nov 16, 2022 — Virginia Venture Partners, VTC Ventures

## Investors

- Virginia Venture Partners (https://capitalatlas.ai/funds/virginia-venture-partners) — Seed
- VTC Ventures (https://capitalatlas.ai/funds/vtc-ventures) — Seed