How Much Did Verifiable Raise?
Funding & Key Investors

Verifiable, a prominent player in the medical credentialing and provider network software sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $47M. This latest infusion of $27M underscores the company's robust growth trajectory and its critical role in modernizing healthcare administrative workflows. By automating complex credentialing and compliance processes, Verifiable has positioned itself as an essential partner for healthcare organizations seeking to optimize provider operations and ensure regulatory adherence in an increasingly digital landscape.

What is Verifiable?

Verifiable
SoftwareHealthcare Software

Headquartered in Austin, Texas, Verifiable provides a sophisticated software platform designed to streamline the lifecycle of healthcare provider management. The company addresses the systemic inefficiencies inherent in manual credentialing, compliance monitoring, and network management. By integrating automated verification protocols, Verifiable enables healthcare providers to reduce administrative overhead while maintaining high standards of quality and safety. Its market position is defined by its ability to bridge the gap between legacy administrative practices and the demand for real-time, data-driven provider network intelligence.

How much funding has Verifiable raised?

Verifiable has raised a total of $47M across 3 funding rounds:

2020

Unspecified

$3M

2021

Series A

$17M

2023

Series B

$27M

Unspecified (2020): $3M with participation from Liquid 2 Ventures L.P, Max Mullen, Sahil Lavingia, Tiger Global Ltd, Struck Capital, Jack Altman, and Soma Capital

Series A (2021): $17M led by The Altman Brothers, Tiger Global Management, and David Sacks

Series B (2023): $27M supported by Cooley, Craft Ventures, Highland Capital Partners, and 137 Ventures

Key Investors in Verifiable

Craft Ventures

Craft Ventures is a venture firm focused on building great companies, particularly in the B2B technology sector, led by former founders and operators.

Highland Capital Partners

Highland Capital Partners is a venture capital firm with a track record of over 50 IPOs and 40 unicorns, managing $7 billion in assets.

137 Ventures

137 Ventures is a multi-stage venture capital firm that provides structured liquidity to founders and executives through direct secondaries and primary financings.

What's next for Verifiable?

With the successful completion of its latest financing round, Verifiable is well-positioned to accelerate its enterprise-level expansion. The company is expected to leverage this capital to enhance its product suite, focusing on deeper integration capabilities and advanced analytics for provider network optimization. As the healthcare industry continues to prioritize digital transformation, Verifiable's strategic roadmap likely includes scaling its sales and engineering teams to meet the growing demand for automated compliance solutions. This phase of growth will be critical in solidifying its leadership in the healthcare technology ecosystem and driving long-term value for its institutional partners.

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Frequently Asked Questions Regarding Verifiable Financial Insights

What are the most recent funding rounds that Verifiable has completed, and what were the funding rounds?
Verifiable has recently completed 3 funding rounds: Series B on Jul 10, 2023, Series A on Aug 31, 2021, Unspecified on Oct 20, 2020.
What is the total amount of funding Verifiable has raised to date?
Verifiable has raised a total of $47M in funding to date.
How many funding rounds has Verifiable completed?
Verifiable has completed 3 funding rounds.
How much funding did Verifiable raise in its most recent funding round?
Verifiable raised $27M in its most recent funding round.
Who are the lead investors in Verifiable's latest funding round?
The lead investor in Verifiable's latest funding round was Cooley. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Verifiable's history?
The largest funding round in Verifiable's history was $27M.
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