- Veryfi, a San Mateo, Calif.-based AI-based data transformation platform for enterprise and technology corporations, raised $12M in Series A financing
- The round was led by NewView Capital, with participation from TI Platform Management and existing investor Act One Ventures
- With the funding, Jazmin Medina of NewView Capital will be joining the Veryfi board
- The company intends to use the funds to continue to expand operations and its business reach
- Veryfi provides a suite of data transformation APIs designed to securely capture, extract, and transform unstructured data into business intelligence in seconds
- Veryfi serves companies delivering financial services and tools, such as expense management, bookkeeping, accounts payable, and B2B payments
