VeracityID, Inc.
2024 Revenue
$2.7M
Funding
$0
YOY
89.3%
Team
13
Founded
2013
How VeracityID, Inc. CEO John Macaule grew to $2.7M revenue with a 13 person team in 2024.
VeracityID, Inc. is a SaaS, 'big data' company focused on providing real-time fraud detection and intervention services to the financial services industry - with a focus on the personal lines/small business insurance sectors.
VeracityID's idFusion solution enables financial institutions such as insurance carriers to automate the detection, measurement and mitigation of fraud risks at the point of sale - and then continuously monitor changes in risk level throughout the product/policy lifecycle.
Our deep understanding of the industry - combined with our leading-edge work developing anti-fraud solutions - has enabled us to design and deliver a purpose built, sophisticated and robust solution to the problem of detecting, measuring and mitigating fraud risks before they become fraud losses.
VeracityID is headquartered in Reno, NV with offices in Cupertino, CA , London, UK and development offices in Romania.
About the idFusion Solution
The idFusion platform offers a revolutionary approach.
Last updated
VeracityID, Inc. Revenue
In 2024, VeracityID, Inc.'s revenue reached $2.7M. The company previously reported $1.4M in 2023. Since its launch in 2013, VeracityID, Inc. has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | VeracityID, Inc. Hit $2.7m revenue in October 2024 | |
| 2023 | VeracityID, Inc. Hit $1.4m revenue in December 2023 | |
| 2021 | VeracityID, Inc. Hit $1.1m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
VeracityID, Inc. Valuation, Funding Rounds
VeracityID, Inc. is a bootstrapped Analytics Platforms startup. Founded in 2013, VeracityID, Inc. has grown to $2.7M in revenue without raising any venture capital or outside funding.
As a self-funded Analytics Platforms SaaS company, VeracityID, Inc. has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for VeracityID, Inc. yet.
VeracityID, Inc. Employees & Team Size
VeracityID, Inc. employs approximately 13 people as of 2026, down from 15 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 13 employees (October 2024) |
| 2023 | Reached 15 employees (December 2023) |
| 2022 | Reached 14 employees (December 2022) |
| 2021 | Reached 14 employees (December 2021) |
| 2021 | Reached 13 employees (April 2021) |
Frequently Asked Questions about VeracityID, Inc.
What is VeracityID, Inc.'s revenue?
VeracityID, Inc. generates an estimated $2.7M in annual revenue.
Who founded VeracityID, Inc.?
VeracityID, Inc. was founded by John Macaule.
Who is the CEO of VeracityID, Inc.?
The CEO of VeracityID, Inc. is John Macaule.
How much funding does VeracityID, Inc. have?
VeracityID, Inc. is bootstrapped and has not raised outside funding.
How many employees does VeracityID, Inc. have?
VeracityID, Inc. has 13 employees.
Where is VeracityID, Inc. headquarters?
VeracityID, Inc. is headquartered in Reno, Nevada, United States.
Compare VeracityID, Inc. to the industry
VeracityID, Inc. operates across multiple industries. Browse revenue, funding, and growth data for VeracityID, Inc. in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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