# Vericant

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vericant

- Industry: Education/Training
- Headquarters: Beijing, China
- Website: www.vericant.com
- Latest round: Series A (Sep 5, 2014)
- Investors on record: 2

## About

Vericant is an educational technology company that provides secure and scalable academic interviews using advanced AI and English assessments to enhance the admissions process for academic institutions globally.Founded in 2010, Vericant specializes in academic interviews for admissions evaluation. The company operates out of Beijing, China. Guy SiVan, one of the founders, is currently the CEO. Vericant raised funding in September 2014 during a SERIES A round co-led by AngelVest and Shunwei Capital Partners, securing an undisclosed amount. The company has engaged in one significant deal to date.Vericant specializes in conducting secure and scalable academic interviews, leveraging advanced artificial intelligence alongside established English assessments to streamline the evaluation process for academic institutions. Core offerings include the Vericant Interview, Vericant Pre-Interview, Vericant Checkpoint Interview, and Vericant Writing Sample. These services primarily cater to K-12 schools and universities, facilitating the admissions process for international students by ensuring better matches through efficient data collection. Vericant's services are utilized across North America, Asia, and Europe, reflecting its broad client base.Vericant generates revenue through its interview and assessment services provided to educational institutions on a B2B basis. Institutions pay for services such as the Vericant Interview and Vericant Writing Sample, typically entering into contracts that specify the services utilized. The pricing structure is tailored to institutional needs, potentially involving tiered pricing based on the volume of services utilized, facilitating scalable engagement. Flagship services like the Vericant Interview are central to the company's offering, aligning with its strategy to enhance admissions processes.Vericant plans to expand its offerings with new products designed to further enhance the admissions experience for educational institutions. Specific details regarding upcoming product releases have not been disclosed. Additionally, the company aims to expand its market presence in various regions, although exact new target markets have not been specified. The funds raised during the SERIES A round in September 2014 will likely support these growth initiatives.

## Funding rounds

- Series A, Sep 5, 2014 — Shunwei Capital, AngelVest

## Investors

- Shunwei Capital (https://capitalatlas.ai/funds/shunwei-capital) — Series A
- AngelVest — Series A