Vericred
New York, New York, United States
How Vericred hit $6.4M revenue and 300 customers in 2023.
Developer of a data platform intended for the digital distribution of health insurance and employee benefits. The company's platform comprises plan design and rate data, provider-network data and formulary data, enabling insurtech and digital health companies to solutions for rapidly changing data that currently exists in non-standard and non-structured formats.
2014
Founded
$6.4M
2023 Revenue
11.8%
YOY
$34.1M
Funding
Vericred Revenue
In 2023, Vericred revenue run rate hit $6.4M in revenue.
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2023
Vericred hit $6.4M in revenue in 2023
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2021
Vericred hit $5.2M in revenue in 2021
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2014
Vericred launched in 2014 with $0 revenue
Vericred Funding History
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2021
Vericred raised a of in April, 2021
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2019
Vericred raised a of in April, 2019
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2017
Vericred raised a of in May, 2017
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2016
Vericred raised a of in January, 2016
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2014
Vericred raised a of in November, 2014
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 13 2021 | |||
| April, 22 2019 | |||
| May, 22 2017 | |||
| January, 11 2016 | |||
| November, 11 2014 |
Team
Vericred has 109 total employees. They have 300 customers
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 109 |
Founder / CEO
Michael Levin
Founded in 2014, Vericred provides a complete and accurate health insurance data platform which includes benefit design and rate data, provider-network data and formulary data. He is responsible for creating the company’s vision and strategic direction. Vericred serves the health insurance industry with a mission to enable innovation in healthcare through data. As an advocate for healthcare transparency and choice, he was recently named one of the top ‘30 People to Watch in 2017’ by Employee Benefit Advisor and spoke on the Data Aggregators panel at InsureTech Connect in 2016. Before founding Vericred, he served as Chief Operating Officer for Affiliates Risk Management Services (ARMS), an insurance, risk management and e-learning services provider for healthcare professionals. He recruited a new leadership team, transformed and upgraded financial operations and audit systems, and led business plan development. He also founded Media Sciences, Inc. to disrupt the aftermarket color printer supply business, bringing quality, value and choice to a market dominated by expensive, proprietary supplies. Today and throughout his career, he continue to drive innovation, bringing quality and choice to new markets.
Q&A
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Customers
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Vericred Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Michael Levin | CEO | [email protected] | - |
Vericred Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Michael Levin | CEO | [email protected] | - |
Frequently Asked Questions about Vericred
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When was Vericred founded?
Vericred was founded in 2014.
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How much revenue does Vericred generate?
Vericred generates $6.4M in revenue.
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Who is the CEO of Vericred
The CEO of Vericred is Michael Levin.
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How much funding does Vericred have?
Vericred raised $34.1M.
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How many employees does Vericred have?
Vericred has 109 employees.
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Where is Vericred headquarters?
Vericred is headquartered at New York, New York, United States
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