Fundz

Veriff Secures $69M In Series B Funding To Combat Online Fraud, Making Identity Verification Hassle-Free

PRIVATEApr 12, 2021

Amount Raised

$69

Round Type

Series B

New YorkOtherSoftware

Description

Veriff, a global identity verification provider, today announced that it has secured $69 million in Series B financing in a round led by investment firms IVP and Accel. This latest investment brings Veriff's total secured funding to date to $92.8 million. Jules Maltz of IVP and Matt Weigand of Accel will also join Veriff's Board of Directors as a result of the investment.

Quick answer

Veriff raised $69 in a Series B round, dated April 12, 2021. Veriff is based in New York, New York, United States.

How much did Veriff raise?
Veriff raised $69 in a Series B round on April 12, 2021.
What does Veriff do?
Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV.
Where is Veriff based and how big is it?
Veriff is based in New York, New York, United States.
Who are the decision-makers at Veriff?
Fundz holds 1 contact at Veriff. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Veriff that raised within 45 days of this round, from Fundz verified event records.

  • Crusoe raised $128M on April 26, 2021.
  • Wayflyer raised $76M (Series A) on May 27, 2021.
  • Far Mart raised $2.4M (Seed) on May 27, 2021.
  • Hypori raised $13M on May 27, 2021.
  • DataDome raised $35M (Series B) on May 26, 2021.
  • Asset Class raised $3M (Seed) on May 26, 2021.

Who to call at Veriff, and when

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Company Information

Company

Veriff

Location

New York, New York, United States

About

Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. With the largest document specimen database on the market, Veriff's intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 10,000 government-issued IDs from over 190 countries and in 40 languages. Founded in 2015, Veriff serves a global portfolio of organizations across fintech, crypto, gaming and mobility sectors. Veriff's total secured funding to date is $200M and its investors include Accel, Alkeon, IVP, Mosaic Ventures, Nordic Ninja, Tiger Global, Y Combinator and others. With teams in the U.S., UK, Spain and Estonia, Veriff employs more than 360 people from 46 different nationalities. For more, visit www.veriff.com

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Veriff raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.