Veriff
Also a provider — view Veriff’s profile →“Can a vertically-integrated identity verification platform out-execute orchestration-layer KYC vendors globally?”
Founded2015
HQTallinn, Estonia
FoundersKaarel Kotkas, Janer Gorohhov
Total raised~$200M
Latest roundSeries C, 2022
Valuation$1.5B (2022)
IndustryInfrastructure / KYC
The story
Founded in 2015 in Estonia as an identity verification platform. Veriff has scaled from a single-product IDV vendor into a multi-product identity infrastructure company covering document verification, biometric authentication, AML/PEP screening, KYB, age estimation, proof of address and fraud intelligence. Positions itself as a vertically-integrated alternative to orchestration-layer competitors (Onfido, Sumsub, Jumio, Persona, Incode, AU10TIX), emphasizing in-house core models (liveness, face match, document forensics) versus rebranded third-party tech.
Last 12 months
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Product timeline
2015
Company established on October 20th in Tallinn, Estonia· founding
2016
First identity verification product launched· product_launch
2017
Expanded to 30+ countries with 10 supported languages· expansion
2019
New York office opened· expansion
2020
London office opened· expansion
2022
Became a unicorn following $100M Series C at $1.5B valuation· funding
The stack
3 layers disclosed in Veriff’s embedded-finance stack
Payments / PSP
Card network
in the full report
KYC
in the full report
Accounting gap: none
8 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.