FinTechFunding

Veryfi: Raises $12M in Series A Financing

  • 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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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