Veriff: Business Overview, Financials & Competitive Analysis
Veriff scores 8/10 on the AskCyborg Cyborg Score (Strong). AI-native identity verification leader expanding from consumer onboarding into enterprise KYB and vertical-specific compliance workflows. Veriff became a unicorn in 2022, reaching the milestone in 7 years. The company has raised a total of $200M over 5 funding rounds and achieved a valuation of $1.5B. Recent strategic moves including the Vespia.
What is Veriff's industry? Veriff (veriff.com) operates in Regtech. AskCyborg classifies Veriff under Regtech in its company registry.
Veriff is an AI-based identity verification software company that protects businesses and customers from online identity fraud. The verification process involves cross-referencing images of the customer with identity ...
Cyborg Score thesis
AI-native identity verification leader expanding from consumer onboarding into enterprise KYB and vertical-specific compliance...
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Get Current Report FreeVeriff Overview
Pro stress-test →Veriff is an AI-based identity verification software company that protects businesses and customers from online identity fraud. The verification process involves cross-referencing images of the customer with identity information held in government databases, face comparison, document validation, video analysis, device and network fingerprinting, and registry checks.
Strategic Profile
Pro stress-test →Veriff's platform offers secure authentication and cross-platform technology that aids in detecting fraud as well as recognizes any website or mobile application to verify drivers' licenses, passports, and other identities. The February 2026 acquisition of Vespia expanded Veriff from verifying individuals to verifying entities, with its KYB stack now covering business verification, AML screening, and database verification across 300+ jurisdictions using data from 5,000 sources.
Competitive Landscape
Pro stress-test →Veriff's competitors include Onfido, OneSpan, AuthenticID, AU10TIX, and Prove Identity. The identity verification market is consolidating around AI-powered platforms with expanded KYB capabilities and vertical-specific solutions. Veriff differentiates through document coverage breadth, biometric technology, and strategic enterprise product packaging.
Industry Context
Veriff operates in Regtech.
Key facts
Founded: 2015 · Headquarters: Tallinn, Estonia · Employees: 537 · Revenue: €36.1M (as of December 2022)