What is iVerify?
iVerify operates in the critical domain of mobile security, offering a privacy-respecting platform that integrates advanced threat detection and mobile forensics capabilities. The company's solution is designed for easy deployment and provides automated response and remediation features. This comprehensive approach addresses the escalating challenges of mobile device security for enterprises, positioning iVerify as a key player in a rapidly evolving cybersecurity landscape.
How much funding has iVerify raised?
iVerify has raised a total of $16M across 2 funding rounds:
Angel/Seed
$4M
Series A
$12M
Angel/Seed (2023): $4M with participation from Mantis Venture Capital, Altman Investment Management, Boxgroup Ventures, Mischief Ventures, and Parameter Ventures
Series A (2024): $12M led by Boxgroup Ventures, Shine Capital Management, and Parameter Ventures
Key Investors in iVerify
Mantis Venture Capital
Mantis Venture Capital is an early-stage venture fund that partners with The Chainsmokers to invest in innovative startups across sectors like fintech, healthcare, gaming, and AI, aiming to support entrepreneurs and foster growth.
Altman Investment Management
Altman Investment Management, based in Princeton, New Jersey, offers investment management and financial guidance for individuals and multi-generational families, focusing on a value-oriented investment philosophy and superior long-term performance.
Boxgroup Ventures
BoxGroup is an early stage investment fund focusing on technology companies in climate, fintech, and software, investing in solo founders and innovative ideas, having backed notable companies like Ramp and Plaid.
What's next for iVerify?
The recent major strategic investment signals a pivotal phase for iVerify, likely enabling accelerated product development, market expansion, and enhanced sales and marketing efforts. With substantial backing, the company is poised to further solidify its position in the enterprise-level mobile security market. Future developments may include expanding its threat intelligence capabilities and forging strategic partnerships to broaden its reach and impact.
See full iVerify company page
