About Verificient Technologies
Verificient Technologies is an Education company based in New York (United States) founded in 2012 by Rahul Siddharth. It operates as an online proctoring solutions are provided for identity verification in assessments. It operates in the Education and Technology sectors. Verificient Technologies has raised $3.64 million across 3 funding rounds from investors including Techstars, Expansion Venture Capital and Kaplan EdTech Accelerator. The company has 151 employees. Its website verificient.com draws about 91 thousand monthly visits. Verificient Technologies offers products and services including Proctortrack, ProctorDIY, ProctorTA, and Veripass. Its focus areas include EdTech, Higher Education Tech, Tech for Teachers and Online Proctoring. Its legal entity is Verificient Technologies Inc. Its competitors include Renaissance, Entrust, TeleSign, Signicat and Examity and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Verificient Technologies was founded in 2012 and is headquartered in New York, United States. Online proctoring solutions are offered through ProctorTrack, where identity verification is conducted via face scans and photo ID scans. These services support higher education institutions by maintaining the integrity of high-stakes online assessments. Operations focus on the education technology sector, with tools designed for secure remote testing environments.
- Headquarters New York, United States
- Employees 151
- Founders Rahul Siddharth
- SectorsEducationTechnology
- Website verificient.com
- Social LinkedIn X Facebook
- Legal Name Verificient Technologies Inc
- Total Equity Funding$3.64M (USD)
in 3 rounds
- Latest Funding Round$1.8M (USD), Seed
Jan 2014
- InvestorsTechstars
& 2 more
- Employee Count151
Associated legal entities of Verificient Technologies
Verificient Technologies is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Verificient Solutions Private Limited CIN U72200PN2018FTC180905 | Active | 20 Dec 2018 | Pune, Maharashtra | ₹17.0 Cr | 318 | 3 | View details |
| Verificient Technologies Private Limited CIN U74999PN2017PTC170265 | Active | 03 May 2017 | Pune, Maharashtra | – | 53 | 2 | View details |
Products & Services of Verificient Technologies
Verificient Technologies offers a comprehensive portfolio of products and services, including Proctortrack, ProctorDIY, ProctorTA, and Veripass.
Automated identity verification and remote monitoring for online exams.
Do-it-yourself platform for K12 exam integrity and student privacy.
Browser lock for secure in-classroom testing environments.
Authenticates data for exam integrity against baseline profiles.
Funding Insights of Verificient Technologies
Verificient Technologies has successfully raised a total of $3.64M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in January 2014. 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.
- Total Funding $3.64M
- Total Rounds 3
- Last Round Seed — $1.8M
- First Round $20,000
(Jun 2013)
- Investors Count 3
All 3 funding rounds of Verificient Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2014 | $1.8M | Seed | – | – | |
| Jun 2013 | $1.82M | Seed | – | – | |
| Jun 2013 | $20,000 | Seed | – | – |
3 investors in total: 3 institutional.
Investors in Verificient Technologies
Verificient Technologies has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Techstars, Expansion Venture Capital and Kaplan EdTech Accelerator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused VC firm investing in early and growth stage companies in the US | – | expansionvc.com | New York, United States | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Education startups are accelerated via a 3-month New York program. | – | kaplanedtechaccelerator.com | New York, United States |
Investor details for Verificient Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Verificient Technologies
The boards of the 2 registered companies of Verificient Technologies currently have 5 directors; the longest-serving is Apratim Dutta, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Apratim Dutta DIN 07779775 | Director | 03 May 2017 | 9 yrs 5 mo | Verificient Technologies Private Limited |
| Sanjay Kanwar DIN 08243187 | Additional Director | 01 Sep 2018 | 8 yrs 1 mo | Verificient Technologies Private Limited |
| Hemanta Kumar DIN 06716413 | Director | 20 Dec 2018 | 7 yrs 10 mo | Verificient Solutions Private Limited |
| Vikash Sharma DIN 07171210 | Director | 20 Dec 2018 | 7 yrs 10 mo | Verificient Solutions Private Limited |
| Rishabh Ashwin Lalwani DIN 08220263 | Director | 20 Dec 2018 | 7 yrs 10 mo | Verificient Solutions Private Limited |
People of Verificient Technologies
31 people are tracked at Verificient Technologies (7 in leadership, 24 in team); the tracked headcount is 151.
| Name | Role | Group |
|---|---|---|
Rahul Siddharth | Co-Founder | Leadership |
Rajnish Kumar | Co-Founder & CEO | Leadership |
| Executive Director | Leadership | |
Rahul | Co-Founder & COO | Leadership |
Jamee R. | Chief Financial Officer | Leadership |
Vandana Muley | Executive Assistant To Chief Executive Officer | Leadership |
Himanshu Chaubey | Product Head | Director Of Automation | Lead Computer Vision Developer | Leadership |
Anoop Prabhakaran | Software Tester | Team |
Jonathan Pino | Account Manager / Customer Success | Team |
Usha Tyagi | HR - Specialist | Team |
Shrutika More | Marketing Lead | Team |
Shruti More | Business Development Team Lead | Team |
Utkarsh Pathak | Full Stack Developer | Team |
Pankaj Kusmade | Desktop Support Engineer | Team |
Shrinivas Hekale | Senior Escalations Manager And QA Lead | Team |
Priyanka Patil | Support Shift Lead | Team |
Dnyaneshwar Mane | Software Developer | Team |
Ujjawal Kumar | Computer Vision Engineer | Team |
Saket Kshirsagar | Data Analyst | Team |
Akshay Peddi | Associate Team Lead | Team |
11 more people are available in the full profile.
Complete people profiles for Verificient Technologies
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Financials of Verificient Technologies
Figures of Verificient Solutions Private Limited, the primary company behind Verificient Technologies, for FY 2024. Revenue was ₹16.99 Cr (-17% year on year). Net profit was ₹7.6 Lakh (0% margin). EBITDA was ₹34.2 Lakh (2% margin). Revenue has grown at a compounded annual rate of +9% over three years.
- ₹16.99 CrRevenue · FY 2024 · -17% YoY
- ₹7.6 LakhNet profit · 0% margin
- ₹34.2 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- 318Employees (provident fund records)
- +9%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Verificient Solutions Private Limited are on its company page.
Detailed financial statements for Verificient Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Verificient Technologies
3 dated milestones of Verificient Technologies across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Verificient Technologies is founded.
- Funding First funding round of $20K.
- Funding Latest funding round, Seed, of $1.8M.
Competitors of Verificient Technologies
Verificient Technologies has 9 listed competitors in our database, 7 of them funded. They include Renaissance, Entrust, TeleSign, Signicat and Examity, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| renaissance.com | 1986 | Wisconsin Rapids, United States | $40M | 1,361 | Cloud-based K-12 assessments in reading, math, and writing are delivered. | |
| entrust.com | 1969 | Dallas, United States | – | 108 | Provider of digital identity management solutions | |
| telesign.com | 2005 | Los Angeles, United States | $78.4M | 192 | Cloud-based API for user verification and risk assessment is provided. | |
| signicat.com | 2006 | Trondheim, Norway | $2.09M | 150 | Software solutions for identity management are provided via APIs. | |
| examity.com | 2012 | Needham, United States | $114M | 126 | Proctored examination provider | |
| masteryconnect.com | 2009 | Salt Lake, United States | $33.85M | 147 | Assessment and data solutions are developed for K-12 education. | |
| mettl.com | 2010 | Gurugram, India | $5.19M | 456 | Online assessments for pre-hires and employees' skills are conducted. | |
| webid-solutions.com | 2012 | Berlin, Germany | – | – | Online identity verification and digital signature services are offered. | |
| incode.com | 2015 | San Francisco, United States | $259.98M | – | AI-powered biometric verification and authentication solutions are delivered globally. |
Detailed competitors of Verificient Technologies
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Web traffic of Verificient Technologies
The website of Verificient Technologies (verificient.com) receives about 91.3K visits a month.
- Monthly visits91.3K
▲ 11.1% vs previous month
Websites whose visitors overlap most with Verificient Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| proctortrack.com | 100% | 48.8K | #707,421 | View details | |
online.duke.edu | online.duke.edu | 63% | – | – | – |
| humber.ca | 60% | 2.7M | #17,105 | View details | |
| northwestern.edu | 58% | 7.8M | #9,640 | View details | |
| distancelearningportal.com | 58% | – | #277,853 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Verificient Technologies
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Top companies in Education Technology Platforms
10 companies that operate in the same segment as Verificient Technologies (Education Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Online educational resources and test preparation for exams are provided. | 2016 | Noida, Uttar Pradesh, India | USD 275 M | USD 415.66 M | 15,046 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
AI-powered robots are provided as companions for children. | 2015 | Mumbai, Maharashtra, India | USD 107.78 M | – | – | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | 521 | |
Integrated edtech systems are provided for K-12 schools. | 2012 | Mumbai, Maharashtra, India | USD 172.33 M | USD 43.22 M | 1,140 | |
Cloud-based learning management systems are provided for educational courses. | 1999 | Salt Lake City, Utah, United States | USD 88.85 M | – | – | |
High-quality K-12 curriculum and assessments are provided by Amplify. | 2000 | Brooklyn, New York, United States | USD 215 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Related news about Verificient Technologies
Complete news archive for Verificient Technologies
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Frequently Asked Questions about Verificient Technologies
Verificient Technologies was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Verificient Technologies is headquartered in New York, United States. It is registered at New York, New York, United States.
Verificient Technologies is a funded company, having raised a total of $3.64M across 3 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on Jun 2013.
Verificient Technologies has 151 employees.
Verificient Technologies was founded in 2012 and is headquartered in New York, United States. Online proctoring solutions are offered through ProctorTrack, where identity verification is conducted via face scans and photo ID scans. These services support higher education institutions by maintaining the integrity of high-stakes online assessments. Operations focus on the education technology sector, with tools designed for secure remote testing environments.
Verificient Technologies's top competitors include Signicat, Renaissance and Entrust.
Verificient Technologies offers Proctortrack, ProctorDIY, ProctorTA, and Veripass.
Verificient Technologies has 3 investors. Key investors include Techstars, Expansion Venture Capital, and Kaplan EdTech Accelerator.
Verificient Technologies is associated with 2 legal entities: Verificient Technologies Private Limited, Verificient Solutions Private Limited.
The legal entities of Verificient Technologies currently have 5 directors, including Sanjay Kanwar, Apratim Dutta, Hemanta Kumar and others.