Veriff Raises $69M in Series B Funding

Veriff's founders Kaarel Kotkas and Janer Gorohhov
Veriff’s founders Kaarel Kotkas and Janer Gorohhov

Veriff, a Tallinn, Estonia- and NYC-based global identity verification provider, secured $69m in Series B financing.

The round, which brought Veriff’s total secured funding to date to $92.8m, was led by IVP and Accel. In conjunction with the funding, Jules Maltz of IVP and Matt Weigand of Accel will also join Veriff’s Board of Directors.

The company intends to use the funds to continue grow in the U.S.

Founded in 2015 by Kaarel Kotkas, CEO, Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. Its intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 9,000 government-issued IDs from over 190 countries. The company serves a global portfolio of organizations across fintech, crypto, and mobility sectors.

Veriff has a team of more than 250 people from 34 different nationalities.