# Verified Person

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/verified-person

- Industry: Software
- Headquarters: Memphis, US
- Website: www.verifiedperson.com
- Total disclosed funding: $32M
- Latest round: Series E (Oct 26, 2008)
- Investors on record: 2

## About

Verified Person, Inc. provides essential identity verification and background check solutions, enhancing security and trust for businesses and organizations across various sectors.Founded in 2004, Verified Person, Inc. operates in Memphis, US, delivering critical identity verification services. The company was involved in a significant deal in September 2016 when Sterling Talent Solutions acquired it, further integrating its services into the background check industry. The company has completed a total of 6 deals throughout its history and raised a total of USD 15.00 mn in funding, with the latest funding round being a Series E led by RHO Capital Partners and Sevin Rosen Funds.VerifiedPerson.com specializes in providing identity verification and background check solutions designed to enhance security and trust in various transactions. The company's core offerings include comprehensive background screening services that help organizations verify identities, employment history, and criminal backgrounds, which are crucial for risk management and compliance purposes. These services cater to diverse clients in sectors like finance, healthcare, and education, addressing the growing need for reliable identity verification in an increasingly digital marketplace.VerifiedPerson.com generates revenue through a structured model encompassing subscription-based services, with clients engaging in regular background checks as part of their operations. Pricing plans cater to varying client needs, offering individual background checks or bulk screening services at competitive rates. High-volume clients benefit from tailored pricing agreements, and the company also engages in partnerships with other service providers, further enhancing its offerings and expanding reach. Revenue streams are supported by flagship services that emphasize a seamless user experience and robust data security.Verified Person, Inc. aims to enhance its product lineup with new identity verification solutions in response to market demands, although specific launch dates have yet to be announced. The company is also planning to expand its services into new markets, particularly targeting areas in North America and Europe to increase its footprint. The recent funding round, completed in September 2016, will be utilized to support these initiatives and solidify the company's market position following its acquisition.

## Funding rounds

- Series E, Oct 26, 2008, $15M — RHO, Sevin Rosen Funds
- Series D, Jun 25, 2007, $5.4M — RHO, Sevin Rosen Funds
- Series C, Dec 5, 2005, $12M — RHO, Sevin Rosen Funds

## Investors

- RHO (https://capitalatlas.ai/funds/rho) — Series C, Series D, Series E
- Sevin Rosen Funds (https://capitalatlas.ai/funds/sevin-rosen-funds) — Series C, Series D, Series E