# Verifico

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

- Industry: Financial Services
- Headquarters: Los Angeles, US
- Website: www.verifico.com
- Total disclosed funding: $0M
- Latest round: Seed (Feb 13, 2014)
- Investors on record: 1

## About

Verifico is a digital solutions provider that enhances operational efficiency and data analytics for businesses. Their innovative offerings support customer engagement and data management across various industries.Founded in 2013 in Los Angeles, US, Verifico specializes in streamlining business operations through digital solutions. The company raised a total of USD 0.02 mn in Seed funding from Mucker Capital in February 2014. Verifico does not have any known subsidiaries or parent companies, nor has it undergone any significant pivots in its business strategy. The founder, Asmat Siddiqui, has a background in establishing technology-driven firms, while the current CEO is Paris Benson.Verifico.com specializes in delivering innovative digital solutions that cater to the evolving needs of its clients in various industries. At the core of their offerings is a comprehensive suite of products designed to streamline operations, enhance data analytics, and improve customer engagement. These solutions address challenges related to data management and operational efficiency, enabling businesses to make informed decisions based on real-time insights. Their client base spans multiple sectors, including finance, healthcare, and retail, where end users leverage Verifico’s technology to optimize their processes and outcomes. Geographically, Verifico’s products are utilized in markets such as North America, Europe, and parts of Asia, reflecting a diverse and expanding user demographic.Verifico.com generates its revenue through a structured model that incorporates both B2B and direct-to-consumer transactions, primarily through subscription-based services. Clients engage with the company by subscribing to its flagship products, which may include tiered pricing plans tailored to fit different organizational needs. For instance, businesses may opt for a premium package that offers advanced analytics capabilities and dedicated support, while smaller enterprises might choose a basic plan for essential functionalities. Additionally, partnerships with various service providers enhance the reach of Verifico's offerings, enabling them to penetrate new markets effectively. The revenue model is strategically designed to foster long-term relationships with clients, ensuring a continuous flow of transactions and ongoing service enhancements.Verifico plans to utilize the capital raised from its recent Seed financing of USD 0.02 mn to support the development of new products aimed at enhancing their service offerings. The company is targeting expansion into new markets, particularly in Asia and Europe, by the end of 2024. This growth strategy aims to leverage their existing technology to address broader market needs, thereby increasing their client base and enhancing market penetration. Through these initiatives, Verifico aims to solidify its position in the digital solutions landscape.

## Funding rounds

- Seed, Feb 13, 2014, $0M — Mucker Capital

## Investors

- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Seed