🏆 Deal of the Week · CW 4/2022
Veriff raised USD 100 million in a Series C round in January 2022, reaching a post-money valuation of USD 1.4 billion. The round was co-led by Tiger Global Management and Alkeon Capital.
Veriff — key deal facts
| Company | Veriff |
| Founded | 2015 |
| Headquarters | Tallinn, Estonia |
| Amount raised | USD 100M |
| Valuation | USD 1.4B |
| Round | Series C |
| Investors | Accel (https://www.accel.com/) Alkeon Capital (https://www.alkeoncapital.com/) Institutional Venture Partners (https://www.ivp.com/) Tiger Global Management (https://www.tigerglobal.com/) |
| Sectors | Cyber Security |
Who invested in Veriff?
The Series C was co-led by Tiger Global Management and Alkeon Capital, with participation from Accel and Institutional Venture Partners. The syndicate combines growth-stage specialists Tiger Global and Alkeon with established technology-focused funds Accel and IVP, reflecting broad institutional confidence in the identity verification sector.
What does Veriff do?
Veriff is an AI-driven identity verification company founded in 2015 by Kaarel Kotkas and Janer Gorohhov and headquartered in Tallinn, Estonia. Its platform analyzes over 1,000 signals per verification session to confirm user identity, support KYC compliance, and detect fraud. Core products include automated identity verification, behavioral-signal-based fraud prevention, and Know Your Business (KYB) solutions covering government-issued IDs from more than 230 countries and territories.
Veriff valuation & multiples
Explore the benchmarks: Series C Cyber Security.
Frequently asked questions
How much did Veriff raise in its Series C?
Veriff raised USD 100 million in its Series C round in January 2022.
What is Veriff's valuation?
Veriff's valuation was USD 1.4 billion at the time of its Series C funding round.
Who invested in Veriff?
The round was co-led by Tiger Global Management and Alkeon Capital, with Accel and Institutional Venture Partners also participating.
When was Veriff founded and where is it based?
Veriff was founded in 2015 and is headquartered in Tallinn, Estonia.
Source: original announcement — read the full report.