Veriff Raises $69M in Series B Funding
Summary
The round, which brought Veriff’s total secured funding to date to $92.8m, was led by IVP and Accel. In conjunction with the funding, Jules Maltz of IVP and Matt Weigand of Accel will also join Veriff’s Board of Directors. Founded in 2015 by Kaarel Kotkas, CEO, Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. Its intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 9,000 government-issued IDs from over 190 countries. The company serves a global portfolio of organizations across fintech, crypto, and mobility sectors.
Funding
Amount
$69.0M
Total raised
Date
April 12, 2021
Announcement date
Investors
Veriff
Lead investors
Company
http://www.veriff.com
Funded company
Classifications
industries
Fintech & Banking
applications
Governance, risk and compliance
AskAI Classifications
Labels
Identity Verification Software
Fraud Prevention Software
KYC Compliance Software
Linked Companies
Veriff
$25M to $50M