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Veryfi: Raises $12M in Series A Financing

April 28, 2021

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