What is Verato?
Founded in 2013 and headquartered in McLean, VA, Verato operates a sophisticated cloud-based matching platform designed to link and match identities across disparate data sources with exceptional accuracy. The company's core technology leverages an extensive, self-learning database of U.S. identities, serving as a universal reference key. This advanced approach positions Verato as a key player in the data integrity and identity management sector, addressing critical needs for businesses requiring precise and reliable identity resolution.
How much funding has Verato raised?
Verato has raised a total of $35M across 3 funding rounds:
Series A
$12.5M
Series B
$12.5M
Series C
$10M
Series A (2015): $12.5M with participation from Columbia Capital and Bessemer Venture Partners
Series B (2017): $12.5M led by Columbia Capital and Bessemer Venture Partners
Series C (2019): $10M supported by Blue Heron Capital, Bessemer Venture Partners, California Health Care Foundation, and Columbia Capital
Key Investors in Verato
Columbia Capital
Columbia Capital is a venture capital firm based in Alexandria, VA, with a history of partnering with executives in communications, media, and technology companies since 1989. They manage significant capital and actively invest in growth-stage businesses.
Bessemer Venture Partners
Bessemer Venture Partners is a long-standing venture capital firm with a global presence, established in 1911. They invest in a wide range of technology companies, providing capital and strategic guidance.
Blue Heron Capital
Blue Heron Capital is an early-stage growth equity firm that focuses on innovative companies within healthcare and enterprise technology, offering both financial capital and operational expertise.
What's next for Verato?
With a major strategic investment bolstering its resources, Verato is poised for accelerated expansion and innovation. The substantial enterprise-level funding suggests a focus on scaling operations, enhancing its platform capabilities, and potentially broadening its market reach. This capital infusion will likely enable Verato to further solidify its position in the competitive identity resolution landscape, driving advancements in accuracy and data linkage for its enterprise clients. The company's trajectory indicates a strong emphasis on technological development and market penetration.
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