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Valuation

$1.5B

2024 Revenue

$41.6M(Est.)

Customers

40

Funding

$92.3M

Avg ACV

$1M

Team · 2025

501

Founded

2015

Veriff Revenue, Valuation & Funding (2024)

Provider of a web and mobile identity verification platform intended to offer web-based identification services. The company's platform offers a secure authentication, cross-platform technology that helps to detect fraud as well as helps any website or mobile application to verify drivers license, passport and other identities, enabling the commercial sectors to improve fraud prevention and compliance with KYC regulations.

Last updated

Veriff Revenue

In 2024, Veriff's revenue reached $41.6M. The company previously reported $20.2M in 2023. Since its launch in 2015, Veriff has shown consistent revenue growth.

Veriff Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$10M$20M$30M$40M$50M201520172019202120232024$0$13.5M$41.6MSource: GetLatka.com
YearMilestoneSource
2024Veriff Hit $41.6m revenue in October 2024Estimated
2023Veriff Hit $20.2m revenue in December 2023Estimated
2021Veriff Hit $13.5m revenue in April 2021
2015Launched with $0 revenue

Veriff Valuation, Funding Rounds

Veriff's most recent disclosed valuation is $1.5B.

Veriff has raised $92.3M in total funding across 4 rounds, with its most recent round in 2021.

Veriff Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$20M$0.4$40M$0.6$60M$0.8$80M$1$100M2015201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Funding round$69M--
2020Funding round$15.5M--
2018Funding round$7.7M--
2018Funding round$120K--

Founder / CEO

Kaarel Kotkas

CEO

Kaarel Kotkas is listed as CEO at Veriff.

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Customers

Veriff serves 40 customers.

Veriff Employees & Team Size

Veriff employs approximately 501 people as of 2026, up from 410 in 2024. It serves 40 customers that rely on its solutions.

Veriff Team GrowthReported headcount over time012525037550062520152017201920212023202500501501Source: GetLatka.com
YearMilestoneSource
2025Reached 501 employees (November 2025)
2024Reached 410 employees (December 2024)
2024Reached 399 employees (October 2024)
2023Reached 464 employees (December 2023)
2023Reached 464 employees (July 2023)
2022Reached 526 employees (December 2022)
2021Reached 372 employees (December 2021)
2021Reached 246 employees (April 2021)

Frequently Asked Questions about Veriff

What is Veriff's revenue?

Veriff generates an estimated $41.6M in annual revenue.

Who founded Veriff?

Veriff was founded by Kaarel Kotkas.

Who is the CEO of Veriff?

The CEO of Veriff is Kaarel Kotkas.

How much funding does Veriff have?

Veriff raised $92.3M across 4 rounds.

How many employees does Veriff have?

Veriff has 501 employees.

Where is Veriff headquarters?

Veriff is headquartered in Tallinn, Harjumaa, Estonia.

Compare Veriff to the industry

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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