Verifiable - About the company
Verifiable is a series B company based in Austin (United States), founded in 2019 by Vivekanand Rajkumar and Nick Macario. It operates as a Cloud based credentials verification and monitoring software for healthcare providers. Verifiable has raised $50.1M in funding from investors like Y Combinator, Tiger Global Management and The Altman Brothers, with a current valuation of $*****. The company has 70 active competitors, including 14 funded and 10 that have exited. Its top competitors include companies like Medallion, Certify and Axuall.
Company Details
Verifiable provides cloud-based credentials verification and monitoring software for healthcare providers. The verification software tracks actions with an audit trail to confirm where data was. The monitoring software lets users add providers and continuously track credentials, sanctions, and more.
- Website
- verifiable.com
- Email ID
- *****@verifiable.com
- Registered Address
- 9901 Brodie Lane, Ste 160 #1077 Austin, Texas 78748
Key Metrics
Founded Year
2019
Location
Austin, United States
Stage
Series B
Total Funding
$50.1M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 24, 2023
Investors
Ranked
3rd among 70 active competitors
Employee Count
134 as on Apr 30, 2026
Legal entities associated with Verifiable
Verifiable is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERIFIABLE INC CIN: 7559687 , United States, Active | Aug 12, 2019 | - | 46 (As on Dec 31, 2022) | - |
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Verifiable's funding and investors
Verifiable has raised a total funding of $50.1M over 4 rounds. Its first funding round was on 2020. Its latest funding round was a Series B round on Jun 10, 2023 for $*****. 6 investors participated in its latest round. Verifiable has 13 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Verifiable:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 10, 2023 | 3629614 | Series B | 2243411 | 5407434 | 3159543 | 5538673 |
Jul 08, 2021 | 4596217 | Series A | 6191020 | 7970414 | 4595781 | |
Oct 03, 2020 | 6691340 | Seed | 4923871 | 7099667 |
View details of Verifiable's funding rounds and investors
Verifiable's founders and board of directors
Founder? Claim ProfileThe founders of Verifiable are Vivekanand Rajkumar and Nick Macario. Nick Macario is the CEO of Verifiable.
Here are the details of Verifiable's key team members:
- Vivekanand Rajkumar: Co-founder & CTO of Verifiable. They serve on the board of 1 company.
- Nick Macario: Co-Founder & CEO of Verifiable and founder of 1 other company. Contact Info: 2 email addresses
Verifiable's Board of Directors
Verifiable's board has 7 active members. Jack Altman, Brian Murray, Vivekanand Rajkumar, Elina Cadouri, Nicholas Macario, Will Su and Stephen Kline are independent board members.Here is the list of Verifiable's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 4y 10m | |
fbqrstz | Independent board member | - | Current | 5y 8m |
{wiwmxa | Independent board member | - | Current | 3y 2m |
klthuhv | Independent board member | - | Current | 6y 4m |
mdmbudv | Independent board member | - | Current | 7y 4m |
budyvvw | Independent board member | - | Current | 7y 9m |
pttghdv | Independent board member | - | Current | 6y 5m |
View details of Verifiable's Founder profiles and Board Members
Verifiable's employee count trend
Verifiable has 134 employees as of Apr 26. Here is Verifiable's employee count trend over the years:
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Verifiable's Competitors and alternates
Top competitors of Verifiable include Medallion, Certify and Axuall. Here is the list of Top 10 competitors of Verifiable, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Medallion 2011, California City (United States), Series D | Cloud-based solution for licensing, credentialing, and other practice management for healthcare providers | $130M | 63/100 | |
2nd | Certify 2021, New York City (United States), Series B | A provider data technology platform to streamline healthcare management | $69M | 58/100 | |
3rd | Verifiable 2019, Austin (United States), Series B | Cloud based credentials verification and monitoring software for healthcare providers | $50.1M | 57/100 | |
4th | Axuall 2018, Cleveland (United States), Series B | Offers digital credentialing services for healthcare providers | $41M | 56/100 | |
5th | MedTrainer 2013, Redlands (United States), Series B | Cloud-based tools for credentialing, learning, and compliance management | $54M | 54/100 | |
6th | Hashed Health 2016, Nashville (United States), Series A | Consortium of healthcare companies leveraging blockchain | $10.8M | 51/100 | |
7th | Verge Health 2001, Charleston (United States), Acquired | SaaS based solution to manage hospital processes, personnel and asses physician performance | $15.7M | 51/100 | |
8th | Silversheet 2014, Los Angeles (United States), Acquired | Medical credentialing solutions for healthcare organizations | $10.4M | 50/100 | |
9th | andros 2013, New York City (United States), Series B | Provider of healthcare information management services | $47.9M | 49/100 | |
10th | Intiva Health 2017, Austin (United States), Seed | Healthcare parent company innovating wellness, credentialing, manufacturing, and holistic care | $515K | - | 46/100 |
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Verifiable's Investments and acquisitions
Verifiable has made no investments or acquisitions yet.
Reports related to Verifiable
Here is the latest report on Verifiable's sector:
News related to Verifiable
Media has covered Verifiable for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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Verifiable Raises $27M in Series B FundingFinSMEs•Jul 11, 2023•Verifiable, Craft Ventures, Highland Capital Partners, Altmanfoundation and 3 others
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Verifiable validates its healthcare credentialing software with another $27MTechCrunch+•Jul 10, 2023•Verifiable, Struck Capital, Altmanfoundation, Cooley and 3 others
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Verifiable has filed a notice of an exempt offering of securities to raise $26,999,987.00 in New Equity Investment.intelligence360•Jun 26, 2023•Verifiable, Talkspace, Lyra Health, Verge Health and 2 others
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Austin-based Verifiable raises $3 million for its API toolkit to verify healthcare credentialsTechCrunch+•Oct 20, 2020•Verifiable, Tiger Global Management, Liquid 2 Ventures, Struck Capital and 1 other
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