Valuation
$1.5B
2024 Revenue
$41.6M
Customers
40
Funding
$92.3M
YOY
106.4%
Avg ACV
$1M
Team
501
Founded
2015
How Veriff CEO Kaarel Kotkas grew Veriff to $41.6M revenue and 40 customers in 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.
| Year | Milestone |
|---|---|
| 2024 | Veriff Hit $41.6m revenue in October 2024 |
| 2023 | Veriff Hit $20.2m revenue in December 2023 |
| 2021 | Veriff Hit $13.5m revenue in April 2021 |
| 2015 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2021 | Funding round | $69M | - | - |
| 2020 | Funding round | $15.5M | - | - |
| 2018 | Funding round | $7.7M | - | - |
| 2018 | Funding round | $120K | - | - |
Veriff Employees & Team Size
Veriff employs approximately 501 people as of 2026, up from 410 in 2024.
Veriff has 501 total employees in different roles and functions. They have 40 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2025 | Reached 501 employees (November 2025) |
| 2024 | Reached 410 employees (December 2024) |
| 2024 | Reached 399 employees (October 2024) |
| 2023 | Reached 464 employees (December 2023) |
| 2023 | Reached 464 employees (July 2023) |
| 2022 | Reached 526 employees (December 2022) |
| 2021 | Reached 372 employees (December 2021) |
| 2021 | Reached 246 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Veriff acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about Veriff
What is Veriff's revenue?
Veriff generates $41.6M in 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.
How many employees does Veriff have?
Veriff has 501 employees.
Where is Veriff headquarters?
Veriff is headquartered in Tallinn, Harjumaa, Estonia.
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Compare Veriff to the industry
Veriff operates across multiple industries. Browse revenue, funding, and growth data for Veriff 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.
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