Veryfi Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 58

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $12M

  • Investors
  • 10

Veryfi General Information

Description

Developer of a data extraction platform intended to extract and transform documents into business intelligence. The company's platform utilizes optical character recognition and intelligent character recognition technologies to extract and categorize data from invoices, receipts, and other financial documents, offering features like automated data capture, real-time processing, and integration with accounting software, enabling businesses and individuals to streamline data entry tasks, improve financial recordkeeping accuracy, and gain valuable insights from their financial documents.

Contact Information

Website
www.veryfi.com
Formerly Known As
IQBoxy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 210 South B Street
  • San Mateo, CA 94401
  • United States
+1 (650)
Primary Industry
Financial Software
Other Industries
Application Software
Business/Productivity Software
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning, Mobile
Corporate Office
  • 210 South B Street
  • San Mateo, CA 94401
  • United States
+1 (650)

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Veryfi Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series A) 06-Apr-2021 $12M Completed Generating Revenue
2. Seed Round Completed Generating Revenue
1. Accelerator/Incubator 21-Mar-2017 $120K $120K Completed Startup
To view Veryfi’s complete valuation and funding history, request access »

Veryfi Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1
Series A 2,264,277 $0.000100 $5.3 $5.3 1x $5.3 13.79%
To view Veryfi’s complete cap table history, request access »

Veryfi Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a data extraction platform intended to extract and transform documents into business intelligence. The comp
Financial Software
San Mateo, CA
58 As of 2024

London, United Kingdom
 

Provo, UT
 
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Veryfi Competitors (24)

One of Veryfi’s 24 competitors is Dext, a Private Equity-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Dext Private Equity-Backed London, United Kingdom
iPayables Private Equity-Backed Provo, UT
ABBYY Private Equity-Backed Milpitas, CA
Slyp Venture Capital-Backed Sydney, Australia
InventBill Corporation Bengaluru, India
You’re viewing 5 of 24 competitors. Get the full list »

Veryfi Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Veryfi Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Act One Ventures Venture Capital Minority
Alex Bresler Angel (individual) Minority
Jazmin Medina Angel (individual) Minority
Michael Silton Angel (individual) Minority
NewView Capital Venture Capital Minority
You’re viewing 5 of 10 investors. Get the full list »

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Veryfi FAQs

  • When was Veryfi founded?

    Veryfi was founded in 2016.

  • Where is Veryfi headquartered?

    Veryfi is headquartered in San Mateo, CA.

  • What is the size of Veryfi?

    Veryfi has 58 total employees.

  • What industry is Veryfi in?

    Veryfi’s primary industry is Financial Software.

  • Is Veryfi a private or public company?

    Veryfi is a Private company.

  • What is the current valuation of Veryfi?

    The current valuation of Veryfi is .

  • What is Veryfi’s current revenue?

    The current revenue for Veryfi is .

  • How much funding has Veryfi raised over time?

    Veryfi has raised $12.8M.

  • Who are Veryfi’s investors?

    Act One Ventures, Alex Bresler, Jazmin Medina, Michael Silton, and NewView Capital are 5 of 10 investors who have invested in Veryfi.

  • Who are Veryfi’s competitors?

    Dext, iPayables, ABBYY, Slyp, and InventBill are some of the 24 competitors of Veryfi.

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