Soleadify is now Veridion, with $6 million further to its name
Summary
Soleadify, the Romania-based "firmographic" database operator dealing with over 80 million company profiles, updated weekly, is getting a brand makeover.Enter Veridion, the newly-branded company backed with a $6 million late seed fundraising to expand business for its AI-driven data tools, which specifically are taught to better index and contextualise business information, thanks to advances in machine learning and natural language processing.The late seed round follows Soleadifys $1.5 million seed in 2020, with Day One Capital and GapMind Venture Partners returning to invest. "We believe that the next generation of business decision engines, regardless of industry or vertical will require a completely new format of data," said Florin Tufan, CEO and founder. "Access to accurate and timely company data opens a new way to success in todays business landscape," says Rumen Iliev, partner, LAUNCHub, "It equips smart enterprises with the knowledge and understanding necessary to outcompete their competitors. These customers have reported some decent results, with Veridions platform claimed to have saved "thousands of hours" in manual research.Veridion has done a ton of validation work in multiple fields, like commercial underwriting, discovering new suppliers and supporting private deal market analysis. The platform is structured as a set of self-service APIs, allowing companies to choose how they fit alongside specific internal objectives.With the rebrand now out in the open, Veridion is continuing its programme of expansion in the US and will launch New York offices this year, catering to clients in the surrounding area.
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