Verivend Overview
- Year Founded
-
2019
- Status
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Acquired/Merged
- Employees
-
13
- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
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6
Verivend General Information
Description
Developer of an electronic transaction platform intended to raise and deploy capital. The company's platform provides customized accounting tool integration with existing platforms to reduce friction and risks between accounts payable and accounts receivable through an invoicing system, enabling suppliers to gain predictability and reliability of cash flow and to overcome late payments and receivable challenges in business transactions.
Contact Information
Website
www.verivend.com(Operating Subsidiary)
Corporate Office
- 1 Seneca Street, 24th Floor
- Buffalo, NY 14203
- United States
Corporate Office
- 1 Seneca Street, 24th Floor
- Buffalo, NY 14203
- United States
Verivend Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Verivend Comparisons
Industry
Financing
Details
Verivend Competitors (2)
One of Verivend’s 2 competitors is Sydecar, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sydecar | Venture Capital-Backed | San Francisco, CA | ||||
| Allocations | Venture Capital-Backed | Miami, FL |
Verivend Signals
Verivend Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Verivend FAQs
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When was Verivend founded?
Verivend was founded in 2019.
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Where is Verivend headquartered?
Verivend is headquartered in Buffalo, NY.
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What is the size of Verivend?
Verivend has 13 total employees.
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What industry is Verivend in?
Verivend’s primary industry is Other Capital Markets/Institutions.
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Is Verivend a private or public company?
Verivend is a Private company.
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What is Verivend’s current revenue?
The current revenue for Verivend is .
-
How much funding has Verivend raised over time?
Verivend has raised $4.5M.
-
Who are Verivend’s investors?
43North, Band of Angels, GrowthX Capital, Launch NY, and are 5 of 7 investors who have invested in Verivend.
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Who are Verivend’s competitors?
Sydecar and Allocations are competitors of Verivend.
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When was Verivend acquired?
Verivend was acquired on 12-May-2025.
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Who acquired Verivend?
Verivend was acquired by Ialta.
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