About Verita
Verita is a company based in Portsmouth (United States) founded in 2023 was acquired by United Risk in August 2025. It operates as a Commission-Based, and Brokerage / Intermediation. Verita offers products and services including Risk Management Solutions and Underwriting Services. Verita operates in a competitive market with competitors including Sedgwick, Riskonnect, Shift Technology, Planck and Indico Data, among others.
- Headquarter Portsmouth, United States
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Sectors
Financial ServicesTechnology
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Phone
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Website
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Social
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- Legal Name Verita Csg, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
United Risk
(Aug 04, 2025)
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Products & Services of Verita
Verita offers a comprehensive portfolio of products and services, including Risk Management Solutions and Underwriting Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customized risk management solutions are provided for clients.
Specialized underwriting services are offered to various industries.
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Funding Insights of Verita
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Verita
Verita has secured backing from 1 investor. Prominent investors backing the company include United Risk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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United Risk is recognized as a global insurance underwriting platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Verita
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Verita
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Verita Comparisons
Competitors of Verita
Verita 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 Sedgwick, Riskonnect, Shift Technology, Planck and Indico Data, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Claims administration, loss adjusting, and benefits management services are provided.
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| domain | founded_year | HQ Location |
Cloud-based risk management solutions are offered for the insurance sector.
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Provider of AI solutions for insurance underwriting, claims, and risk
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Provider of GenAI-powered risk insights and underwriting solutions for commercial insurance
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| domain | founded_year | HQ Location |
Data processing tasks are automated via AI-driven management solutions.
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| domain | founded_year | HQ Location |
Insurance solutions to mitigate risks and protect assets and liabilities for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Verita
When was Verita founded?
Verita was founded in 2023.
Where is Verita located?
Verita is headquartered in Portsmouth, United States. It is registered at Portsmouth, Virginia, United States.
What does Verita do?
Comprehensive insurance and risk management solutions are offered by Verita, focusing on industry specialization and underwriting expertise. Services are tailored for sectors like real estate, hospitality, leisure, financial institutions, and professional services. Digitization and data intelligence are utilized to optimize risk transfer to insurers and capital markets. Customized approaches are developed to address unique client needs and anticipate future risks in dynamic industries.
Who are the top competitors of Verita?
Verita's top competitors include Sedgwick, Ideal Insurance Brokers and Shift Technology.
What products or services does Verita offer?
Verita offers Risk Management Solutions and Underwriting Services.
Who are Verita's investors?
Verita has 1 investor. Key investors include United Risk.