About Verituity
Verituity is a company based in Mclean (United States) founded in 2020 by Chris Smith and Ben Turner. Verituity has raised $29.8 million across 2 funding rounds from investors including Sandbox Industries, Forgepoint Capital and Ardent Venture Partners. Verituity offers products and services including Verituity Payouts Platform. Verituity operates in a competitive market with competitors including Fiserv, Arcus, Volante Tech, Tilled and Infinicept, among others.
- Headquarter Mclean, United States
- Founders Chris Smith, Ben Turner
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Sectors
Financial 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 Verituity, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$29.8 M (USD)
in 2 rounds
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Latest Funding Round
$19.8 M (USD), Series B
Apr 15, 2024
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Investors
Sandbox Industries
& 3 more
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Employee Count
Not available
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Products & Services of Verituity
Verituity offers a comprehensive portfolio of products and services, including Verituity Payouts Platform.
Enables secure verified payouts and intelligent payment choices to reduce fraud.
People of Verituity
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Funding Insights of Verituity
Verituity has successfully raised a total of $29.8M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $19.8 million completed in April 2024. 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 Verituity
Verituity has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Sandbox Industries, Forgepoint Capital and Ardent Venture Partners.
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Early-stage US venture capital investments are made by Sandbox Industries.
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Investments are directed toward early-stage cybersecurity startups.
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Investments in AI-native apps, vertical SaaS, and B2B fintech across the U.S.
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Investor details for Verituity
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Investments & Acquisitions by Verituity
Investment portfolio details for Verituity
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Financial Statements - Verituity
Detailed financials for Verituity
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Verituity Comparisons
Peer comparison for Verituity
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Competitors of Verituity
Verituity 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 Fiserv, Arcus, Volante Tech, Tilled and Infinicept, among others.
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Diversified financial solutions for business processing and management are provided.
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Payment-as-a-service solutions are delivered to merchants for financial product creation.
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Payment facilitation and cloud solutions are provided for financial institutions.
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Payment solutions are facilitated for businesses and merchants.
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Payment facilitator solutions for merchants
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Detailed competitors of Verituity
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Latest news on Verituity
Complete news archive for Verituity
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Frequently Asked Questions about Verituity
Verituity was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Verituity is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
Ben Turner is the current CEO of Verituity. They have also founded this company.
Verituity is a funded company, having raised a total of $29.8M across 2 funding rounds to date.
Verituity was founded in 2020 and is headquartered in McLean, United States. Operations focus on the fintech sector, where a cloud-based platform is utilized to link banks, payers, and payees for digital payout processing. Modernization tools are supplied for bank treasury services. Identity verification, payment selection options, account validation, and payment orchestration are unified and automated through these services.
Verituity's top competitors include Fiserv, Arcus and Volante Tech.
Verituity offers Verituity Payouts Platform.
Verituity has 4 investors. Key investors include Sandbox Industries, Forgepoint Capital, Ardent Venture Partners, and MTech Capital.