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How VeracityID, Inc. CEO John Macaule grew VeracityID, Inc. 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.

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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.

VeracityID, Inc. Revenue GrowthReported revenue / ARR by year$0$600K$1M$2M$2M$3M2013201520172019202120232024$0$1M$1M$3MSource: GetLatka.com
YearMilestone
2024VeracityID, Inc. Hit $2.7m revenue in October 2024
2023VeracityID, Inc. Hit $1.4m revenue in December 2023
2021VeracityID, Inc. Hit $1.1m revenue in April 2021
2013Launched 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.

VeracityID, Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

VeracityID, Inc. Employees & Team Size

VeracityID, Inc. employs approximately 13 people as of 2026, down from 15 in 2023.

VeracityID, Inc. has 13 total employees in different roles and functions.

VeracityID, Inc. Team GrowthReported headcount over time04812162013201520172019202120232024001313Source: GetLatka.com
YearMilestone
2024Reached 13 employees (October 2024)
2023Reached 15 employees (December 2023)
2022Reached 14 employees (December 2022)
2021Reached 14 employees (December 2021)
2021Reached 13 employees (April 2021)

Founder / CEO

John Macaule

John Macaule is listed as Founder / CEO at VeracityID, Inc..

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Customers

We do not have customer count information for VeracityID, Inc. yet.

Frequently Asked Questions about VeracityID, Inc.

What is VeracityID, Inc.'s revenue?

VeracityID, Inc. generates $2.7M in 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. raised $0.

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.

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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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .