Veri5Digital

Bengaluru, India Founded: 2011 • Age: 15 yrs
Identity verification user onboarding solutions
Annual revenue $1.5M Latest available
Total funding $2.0M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Veri5Digital

Veri5Digital is a company based in Bengaluru (India) founded in 2011 by Sam Caldwell and Srikanth Nadhamuni. Veri5Digital has raised $2 million across 1 funding round from investors including Khosla Ventures. Veri5Digital offers products and services including Video KYC, Digital KYC, Aadhaar OKYC, eSign, and eNACH. Veri5Digital operates in a competitive market with competitors including Perfios, IDnow, Signicat, Riskified and Onfido, among others.

  • Headquarter Bengaluru, India
  • Founders Sam Caldwell, Srikanth Nadhamuni
  • Sectors
    Industrial Goods & Manufacturing
    Financial Services Technology
  • Email
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  • Website
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  • Legal Name Khosla Labs Private Limited
  • Date of Incorporation 05 Oct, 2012
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.49 M (USD)
    62.61
    as on Mar 31, 2023
  • Net Profit
    -$51.52 K (USD)
    -154.92
    as on Mar 31, 2023
  • EBITDA
    $22.33 K (USD)
    -67.75
    as on Mar 31, 2023
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    Aug 02, 2019

  • Investors
  • Employee Count
    Not available
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Products & Services of Veri5Digital

Veri5Digital offers a comprehensive portfolio of products and services, including Video KYC, Digital KYC, Aadhaar OKYC, eSign, and eNACH.

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Primary

Enables video-based customer identification compliant with regulations.

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Digitizes KYC processes using AI for high-assurance verification.

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Provides Aadhaar-based KYC with regulatory compliance features.

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Facilitates Aadhaar-based electronic signatures for documents.

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Automates recurring payments through NACH-based eMandates.

Funding Insights of Veri5Digital

Veri5Digital has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Series A round of $2 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Veri5Digital

Veri5Digital has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Khosla Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are funded by this venture capital firm.
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Investor details for Veri5Digital

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Investments & Acquisitions by Veri5Digital

Investments
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Investment portfolio details for Veri5Digital

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Financial Statements - Veri5Digital

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Detailed financials for Veri5Digital

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Veri5digital Comparisons

Veri5Digital Primary company
Description
Identity verification & user onboarding solutions
Location
Bengaluru, India
Founded Year
2011
Annual Revenue
$1.49 M (USD)
Net Profit
-$51.52 K (USD)
EBITDA
$22.33 K (USD)
Employees
Not available
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Peer comparison for Veri5Digital

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Competitors of Veri5Digital

Veri5Digital operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, IDnow, Signicat, Riskified and Onfido, among others.

Company Name Domain Founded year HQ Location Description
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Provides financial technology solutions for data analysis and verification globally.
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Automated and expert-led identity verification services are provided.
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Software solutions for identity management are provided via APIs.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity verification solutions are provided, including document and biometric authentication.
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Cloud-based physical identity and access management systems are developed.
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Detailed competitors of Veri5Digital

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Latest news on Veri5digital

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Complete news archive for Veri5Digital

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Frequently Asked Questions about Veri5Digital

Veri5Digital was founded in 2011 and raised its 1st funding round 8 years after it was founded.

Veri5Digital is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sam Caldwell is the current CEO of Veri5Digital. They have also founded this company.

Veri5Digital is a funded company, having raised a total of $2M across 1 funding round to date.

Annual revenue of Veri5Digital is $1.49M as on Mar 31, 2023.

Veri5Digital was founded in 2011 in Bengaluru, India, within the fintech sector. Identity verification and user onboarding solutions are offered, ensuring compliance with KYC, AML, and UIDAI standards. Aadhar-based verification methods are utilized, including hosted options for licensed entities. Machine learning and artificial intelligence are employed to support these verification processes across operations.

Veri5Digital's top competitors include IDnow, Perfios and Riskified.

Veri5Digital offers Video KYC, Digital KYC, Aadhaar OKYC, eSign, and eNACH.

Veri5Digital has 1 investor. Key investors include Khosla Ventures.

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