Veriff cut 12% of its workforce, or 66 people, across teams globally.
SourceAI-powered identity verification solution for fraud prevention.
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Veriff is a global identity verification and authentication company that helps businesses onboard users, prevent fraud, and meet KYC/AML compliance requirements using AI-native identity checks, liveness detection, and human review where needed.
Primary product
AI-native identity verification and authentication platform
Founded
2015
Headquarters
New York, United States
Team size
201-500
Industry
Software Development
Sub-industry
Identity Verification / KYC / Fraud Prevention
Offices
Business model
Stage
Series C
Total raised
$192.3M
Latest round
Series C · Jan 2022
Latest amount
$100M
Jan 2022 · Tiger Global and Alkeon
Apr 2021 · IVP and Accel
Jul 2020 · NordicNinja VC
Jun 2018 · Mosaic Ventures
Jan 2018 · Y Combinator
Leadership
Kaarel Kotkas
Founder and CEO
Philippe de Passorio
Chief Revenue Officer
Rob Brazier
Chief Product Officer
Carly Brantz
Chief Marketing Officer
Founders
Co-founder
Public sources emphasize AI-native trust infrastructure, profitable growth, global expansion, and a product/culture centered on fraud prevention, accuracy, and reducing friction in onboarding and authentication.
Compensation
No public compensation bands were found in the reviewed primary sources; staffing reductions in 2023 suggest cost discipline after aggressive hiring.
Pricing
Not publicly disclosed; likely enterprise contract pricing with usage/volume-based components.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$100M+ (company stated it did over $100M revenue in 2025); historical public estimates also place annual revenue around EUR 36.1M in mid-2026 third-party data, but this conflicts with Veriff’s own 2025 statement.
Estimated monthly visits
665.2K
Traffic estimate as of Jun 2026
Veriff cut 12% of its workforce, or 66 people, across teams globally.
SourceVeriff filed a collective redundancy notice in Estonia for 55 jobs, with additional reductions abroad; total cuts were described as about 1/5 of the workforce.
SourceVeriff acquired Vespia to expand KYB capabilities and move toward a unified trust platform.
SourceVeriff · Jun 2026
Veriff named Adyen veteran Philippe de Passorio as Chief Revenue Officer to build a repeatable commercial engine and deepen enterprise growth.
Veriff · Jun 2026
Veriff says it was named a Leader for the Summer 2026 Identity Verification Grid and highlights a 4.5/5 user rating plus strong scores for AI Document Check, Liveness Detection, and Standards Compliance.
Veriff · Apr 2026
Veriff said it earned FIDO Alliance Document Authenticity certification for Full Auto IDV, a third-party validation of document verification performance and security.
Veriff · Mar 2026
Leadership update strengthening product leadership.
Veriff · Feb 2026
Veriff launched an upgraded marketplace suite for gig, mobility, and e-commerce platforms, combining biometrics, liveness checks, and ID verification for dual-sided trust.
7 jobs at Veriff