About Veriff
Veriff is a company based in Tallinn (Estonia) founded in 2015 by Kaarel Kotkas and Janer Gorohhov. Veriff has raised $192.32 million across 5 funding rounds from investors including Accel, Alkeon Capital Management and Tiger Global. The company has 260 employees as of September 30, 2024. Veriff offers products and services including Identity Verification, Fraud Protect, and Age Validation. Veriff operates in a competitive market with competitors including PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.
- Headquarter Tallinn, Estonia
- Employees 260 as on 30 Sep, 2024
- Founders Kaarel Kotkas, Janer Gorohhov
- Stage Unicorn
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Veriff Oü
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Annual Revenue
$38 M (USD)154as on Dec 31, 2022
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$192.32 M (USD)
in 5 rounds
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Latest Funding Round
$100 M (USD), Series C
Jan 26, 2022
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Investors
Accel
& 14 more
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Employee Count
260
as on Sep 30, 2024
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Products & Services of Veriff
Veriff offers a comprehensive portfolio of products and services, including Identity Verification, Fraud Protect, and Age Validation.
AI-powered service to verify user identities and prevent fraud effectively.
Tool that uses AI and human checks to block fraudulent activities quickly.
Service for verifying user ages to ensure regulatory adherence and security.
People of Veriff
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Funding Insights of Veriff
Veriff has successfully raised a total of $192.32M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in January 2022. 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 Veriff
Veriff has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, Alkeon Capital Management and Tiger Global.
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Venture and private equity investments are managed with global diversification.
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VC fund focused on equity markets
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Growth in technology companies is supported through venture capital.
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Investor details for Veriff
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Investments & Acquisitions by Veriff
Investment portfolio details for Veriff
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Financial Statements - Veriff
Detailed financials for Veriff
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Veriff Comparisons
Peer comparison for Veriff
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Competitors of Veriff
Veriff 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 PayPal, Zscaler, Chainalysis, Synchrony and New York Life Insurance, among others.
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Online payment solutions are offered to consumers and businesses.
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Cybersecurity and zero trust solutions are delivered for secure networks.
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Blockchain data platform insights for cryptocurrency are delivered.
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Synchrony is engaged in providing credit cards and banking services.
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Mutual life insurance and asset management services are provided.
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Hybrid cloud infrastructure solutions are delivered for business management.
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Detailed competitors of Veriff
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Latest news on Veriff
Complete news archive for Veriff
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Frequently Asked Questions about Veriff
Veriff was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Veriff is headquartered in Tallinn, Estonia.
Kaarel Kotkas is the current CEO of Veriff. They have also founded this company.
Veriff is a funded company, having raised a total of $192.32M across 5 funding rounds to date.
As of Sep 30, 2024, the latest employee count at Veriff is 260.
Annual revenue of Veriff is $38M as on Dec 31, 2022.
Veriff was founded in 2015 in Tallinn, Estonia, within the identity verification sector. AI-driven software is utilized to support fraud prevention and compliance. Verification processes are conducted through cross-referencing of customer images against government databases, alongside face comparisons, document validation, video analysis, device fingerprinting, and registry checks. These services are extended to online businesses for enhanced customer protection.
Veriff offers Identity Verification, Fraud Protect, and Age Validation.
Veriff has 15 investors. Key investors include Accel, Alkeon Capital Management, Tiger Global, IVP, and Y Combinator.
The valuation of Veriff is $1.5B as of Jan 2022.