Total amount raised
$192.3 Million
Latest funding date
2022-01-26
Location
Veriff has successfully raised significant funding over multiple rounds, establishing itself as a leader in AI-powered identity verification. The platform offers a range of services, including document verification, biometric authentication, and fraud prevention.
Keep reading to explore the intricacies of Veriff's fundraising journey and the investors backing this innovative platform.
What Is Veriff?
Veriff is a company specializing in AI-powered identity verification solutions. It combines automation and human expertise to detect deepfakes, stop fraud, and onboard verified customers quickly.
Operating in the identity verification and fraud prevention industry, Veriff offers a range of products including document verification, biometric authentication, and various fraud prevention tools. The company serves multiple sectors such as financial services, eCommerce, gaming, and human resources.
Veriff is recognized as a leader in identity verification by G2 and supports a global customer base with extensive coverage of ID documents and languages.
How Much Funding Has Veriff Raised?
- Pre-Seed Round
- Amount Raised: USD 120,000
- Date: January 2018
- Lead Investors: Y Combinator
- Pre-Seed Round
- Date: October 2015
- Seed Round
- Date: April 2018
- Series A Round
- Amount Raised: USD 7,700,000
- Date: June 2018
- Lead Investors: Mosaic Ventures
- Convertible Note
- Amount Raised: USD 15,500,000
- Date: July 2020
- Lead Investors: NordicNinja VC
- Series B Round
- Amount Raised: USD 69,000,000
- Date: April 2021
- Lead Investors: Accel, IVP
- Series C Round
- Amount Raised: USD 100,000,000
- Date: January 2022
- Lead Investors: Alkeon Capital, Tiger Global Management
Veriff has raised a total of USD 192,320,000 across all funding rounds.
Key Investors
- Alkeon Capital
- Details: Alkeon Capital is a global investment firm that focuses on long-term growth opportunities. They manage a diversified portfolio across various sectors.
- Investment Focus Areas: Technology, healthcare, consumer goods
- Notable Investments: Stripe, Robinhood, DoorDash
- Tiger Global Management
- Details: Tiger Global Management is an investment firm that deploys capital globally in both public and private markets. They are known for their aggressive investment strategy in tech startups.
- Investment Focus Areas: Technology, eCommerce, software
- Notable Investments: Facebook, LinkedIn, Spotify
- Accel
- Details: Accel is a venture capital firm that partners with exceptional founders with unique insights. They have a strong track record of backing successful startups.
- Investment Focus Areas: Technology, internet, software
- Notable Investments: Facebook, Slack, Dropbox
- IVP
- Details: IVP (Institutional Venture Partners) is a later-stage venture capital and growth equity firm. They focus on high-growth companies across various sectors.
- Investment Focus Areas: Technology, media, enterprise software
- Notable Investments: Twitter, Snap, Dropbox
- Mosaic Ventures
- Details: Mosaic Ventures is a venture capital firm based in London, focusing on Series A investments. They have a deep network and extensive experience in the tech industry.
- Investment Focus Areas: Fintech, enterprise software, marketplaces
- Notable Investments: Convoy, Blockstream, Veriff
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