About VRIFY
VRIFY is a company based in Vancouver (Canada) founded in 2017 by Steve De Jong. It operates as a AI-as-a-Service, and Subscription Services. VRIFY has raised $14.72 million across 2 funding rounds from investors including Tiny VC, LGVP and Resource Capital Funds. VRIFY offers products and services including AI-Assisted Mineral Discovery Platform and 3D Visualization Tools. VRIFY operates in a competitive market with competitors including Prezi, Pitch, Gamma, Matik and JigSpace, among others.
- Headquarter Vancouver, Canada
- Founders Steve De Jong
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Sectors
TechnologyNatural Resources
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.72 M (USD)
in 2 rounds
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Latest Funding Round
$8.72 M (USD), Series B
Feb 27, 2025
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Investors
Tiny VC
& 3 more
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Employee Count
Employee Count
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Products & Services of VRIFY
VRIFY offers a comprehensive portfolio of products and services, including AI-Assisted Mineral Discovery Platform and 3D Visualization Tools. 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.
AI platform used for mineral exploration data analysis.
Tools used for creating 3D investor presentations.
Unlock access to complete
Funding Insights of VRIFY
VRIFY has successfully raised a total of $14.72M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8.72 million completed in February 2025. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $8.7M
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First Round
First Round
(30 May 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series B - VRIFY | Valuation | LGVP | |
| May, 2023 | Amount | Series A - VRIFY | Valuation | Resource Capital Funds , Beedie Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 VRIFY
VRIFY has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Tiny VC, LGVP and Resource Capital Funds. 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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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity investments in metals and mining sectors.
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Founded Year | Domain | Location | |
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Beedie Capital is recognized as a multi-strategy direct investment 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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Founded Year | Domain | Location |
Investments & Acquisitions by VRIFY
| 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 - VRIFY
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Vrify Comparisons
Competitors of VRIFY
VRIFY 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 Prezi, Pitch, Gamma, Matik and JigSpace, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform is provided for collaborative presentation creation.
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| domain | founded_year | HQ Location |
Presentations and content are collaborated on via an open platform.
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| domain | founded_year | HQ Location |
AI tools are utilized for creating presentations in enterprise collaboration.
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| domain | founded_year | HQ Location |
Cloud-based software is used to automate content for business presentations.
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| domain | founded_year | HQ Location |
Provider of SaaS and app-based platform for 3-dimensional presentations
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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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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vrify
Frequently Asked Questions about VRIFY
When was VRIFY founded?
VRIFY was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is VRIFY located?
VRIFY is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of VRIFY?
Steve De Jong is the current CEO of VRIFY. They have also founded this company.
Is VRIFY a funded company?
VRIFY is a funded company, having raised a total of $14.72M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on May 30, 2023.
What does VRIFY do?
VRIFY is known for its AI-Assisted Mineral Discovery Platform, which transforms vast datasets into actionable insights for mineral exploration. The platform is supported by expert geoscientists and integrates proprietary AI and deep-learning models. It serves the mining and exploration sector by providing purpose-built solutions for CEOs, geologists, and investors. Advanced algorithms are utilized to standardize data, identify high-potential mineralization areas, and enable iterative analysis for discovery. Additionally, 3D visualization tools are offered to enhance stakeholder communication.
What products or services does VRIFY offer?
VRIFY offers AI-Assisted Mineral Discovery Platform and 3D Visualization Tools.
Who are VRIFY's investors?
VRIFY has 4 investors. Key investors include Tiny VC, LGVP, Resource Capital Funds, and Beedie Capital.