Veryfi
Latest round
- Series A
Last raised
- Mar 2021
Total raised
- $12M
Investors
- 5
About Veryfi
Veryfi, Inc.Founded in 2016, Veryfi, Inc. is located in San Mateo, US, and provides AI-driven data extraction solutions. The company has undergone strategic pivots to focus on the growing demand for automation in document processing.Veryfi specializes in providing advanced data extraction solutions through its suite of AI-powered Optical Character Recognition (OCR) APIs designed for various document types, including invoices, receipts, checks, and insurance cards. The core offerings enable businesses to automate the capture and processing of critical information from documents, streamlining workflows across multiple industries such as finance, healthcare, construction, and retail.9%, and complying with stringent privacy standards, including SOC 2 Type II, GDPR, and HIPAA.Veryfi operates on a subscription-based revenue model, allowing clients to access its suite of OCR and data extraction services through a tiered pricing structure that varies based on the volume of documents processed and features included. Clients, which primarily consist of businesses in sectors such as banking, construction, healthcare, and consumer goods, engage with Veryfi through direct partnerships, whereby they integrate the company's APIs into their existing systems for seamless document processing. The company's flagship services are embedded into various applications, enhancing expense management, document automation, and data accuracy for organizations. The company plans to introduce new products that enhance its data extraction capabilities and aims to expand into additional markets, specifically targeting Europe and parts of Asia by the end of 2023.
Who invested in Veryfi
5 investors across 2 rounds
See all investors in Veryfi
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Veryfi
Who invested in Veryfi?
Veryfi has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Veryfi raised?
Veryfi has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Veryfi last raise money?
Veryfi's most recent round on record is a Series A, in Mar 2021.
What does Veryfi do?
Veryfi is a software company.
Where is Veryfi headquartered?
Veryfi is headquartered in San Mateo, US.
Which VCs invest in companies like Veryfi?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Veryfi's stage. Their profiles are linked below.
VCs backing software startups at Series A
Raising like Veryfi? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.