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VerifyTX is a cloud-based platform that provides instant insurance verification for the behavioral health industry.
Last updated
In 2024, VerifyTX's revenue reached $2.8M. The company previously reported $1.4M in 2023. Since its launch in 2016, VerifyTX has shown consistent revenue growth.
VerifyTX is a bootstrapped Insurance Software startup. Founded in 2016, VerifyTX has grown to $2.8M in revenue without raising any venture capital or outside funding.
As a self-funded Insurance Software SaaS company, VerifyTX has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
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VerifyTX serves 1K customers.
VerifyTX employs approximately 19 people as of 2026, up from 16 in 2023. It serves 1K customers that rely on its solutions.
VerifyTX generates an estimated $2.8M in annual revenue.
VerifyTX was founded by Jonathan Wagner.
The CEO of VerifyTX is Jonathan Wagner.
VerifyTX is bootstrapped and has not raised outside funding.
VerifyTX has 19 employees.
VerifyTX is headquartered in Delray Beach, Florida, United States.
VerifyTX operates across multiple industries. Browse revenue, funding, and growth data for VerifyTX in each sector below.
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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2024 Revenue
$2.8M(Est.)
Customers
1K
Funding
$0
Avg ACV
$2.8K
Team
19
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | VerifyTX Hit $2.8m revenue in October 2024 | Estimated |
| 2023 | VerifyTX Hit $1.4m revenue in December 2023 | Estimated |
| 2021 | VerifyTX Hit $923.1k revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 19 employees (October 2024) | |
| 2023 | Reached 16 employees (December 2023) | |
| 2022 | Reached 14 employees (December 2022) | |
| 2021 | Reached 13 employees (December 2021) | |
| 2021 | Reached 11 employees (April 2021) |
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