VerifyVASP - About the company
VerifyVASP is a public company based in Singapore (Singapore), founded in 2019 by Chia Shih Yun. It operates as a Provider of a platform for virtual asset travel rule compliance. VerifyVASP has raised $5M in funding from FTX. The company has 2356 active competitors, including 301 funded and 225 that have exited. Its top competitors include companies like Symphony, Unify and Vonage.
Company Details
Provider of a platform for virtual asset travel rule compliance. The platform offers tools for secure data sharing and real-time verification. It facilitates compliance with regulations and data privacy standards. The platform supports due diligence on counterparties and helps address transactional issues. It connects regulated entities and unregulated entities.
Key Metrics
Founded Year
2019
Location
Singapore, Singapore
Stage
Public
Total Funding
$5M in 1 round
Latest Funding Round
Ranked
102nd among 2356 active competitors
Employee Count
8 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Public
Legal entities associated with VerifyVASP
VerifyVASP is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VerifyVASP Pte. Ltd. CIN: 201921674H , Singapore, Active | Jul 04, 2019 | - | - |
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VerifyVASP's funding and investors
VerifyVASP has raised a total funding of $5M over 1 round. Its latest funding round was a Series A round on Sep 08, 2022 for $*****. 3 investors participated in its latest round. VerifyVASP has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of VerifyVASP:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 08, 2022 | 4883697 | Series A | 4810863 | 3175555 | 5145665 | 8547940 |
View details of VerifyVASP's funding rounds and investors
VerifyVASP's founders and board of directors
Founder? Claim ProfileThe founders of VerifyVASP is Chia Shih Yun.
Here are the details of VerifyVASP's key team members:
- Chia Shih Yun: Co-Founder of VerifyVASP. They serve on the board of 1 company.
VerifyVASP's Board of Directors
VerifyVASP's board has 3 active members. Chia Shih Yun is part of team and Yong Lee and Park Kwang Bum are independent board members.Here is the list of VerifyVASP's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 0m | |
Independent board member | - | Current | 5y 11m | |
gfqabpi | Independent board member | - | Current | 4y 6m |
uqer{we | Independent board member | - | Past | 7y 1m |
View details of VerifyVASP's Founder profiles and Board Members
VerifyVASP's employee count trend
VerifyVASP has 8 employees as of Mar 26. Here is VerifyVASP's employee count trend over the years:
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VerifyVASP's Competitors and alternates
Top competitors of VerifyVASP include Symphony, Unify and Vonage. Here is the list of Top 10 competitors of VerifyVASP, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Symphony 2014, New York City (United States), Series E | Compliance management solutions for financial institutions | $461M | 76/100 | |
2nd | Software based Enterprise Unified Communications | - | 76/100 | ||
3rd | Vonage 2001, Holmdel (United States), Acquired | Provider of contact center business communication solutions | $645M | 74/100 | |
4th | Cloud based platform for unified communication management | $1.01M | 74/100 | ||
5th | Loom 1944, San Francisco (United States), Acquired | Video based communication solution | $214M | 74/100 | |
6th | Cloud based employee communication platform provider | $102M | 73/100 | ||
7th | Goldcast 2020, Cambridge (United States), Acquired | Cloud based platform offering virtual event management solutions | $42M | 71/100 | |
8th | Behavox 2014, London (United Kingdom), Series B | Provider of AI-driven platform for regulatory compliance and risk management | $168M | 71/100 | |
9th | EXIGER 2013, New York City (United States), Acquired | Provider of supply chain risk management and compliance software solutions | $80M | 71/100 | |
10th | GoTo.com 1997, Los Angeles (United States), Series A | Cloud-based enterprise collaboration platform for web conferencing | $6M | 71/100 | |
102nd | VerifyVASP 2019, Singapore (Singapore), Public | Provider of a platform for virtual asset travel rule compliance | $5M | 52/100 |
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VerifyVASP's Investments and acquisitions
VerifyVASP has made 1 investment in Recoveris and acquired Sygna Bridge.News related to VerifyVASP
Media has covered VerifyVASP for a total of 2 events in the last 1 year.
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Zug Fintech Recoveris Secures 1 Million Francs From VerifyVaspFine News•Sep 08, 2025•VerifyVASP, Recoveris
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VerifyVASP Raises Series A Funding at $100M Valuation Led by FTX VenturesFinTechnews•Sep 08, 2022•VerifyVASP, FTX, Peak
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Tokenize Xchange Joins VerifyVASP Alliance, Pursues Seamless Digital Asset ExperienceCrowdfund Insider•Mar 31, 2022•VerifyVASP, Tokenize Exchange
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BitMEX Joins VerifyVASP as Crypto Travel Rule Deadline is LoomingFinance Magnates•Mar 09, 2022•BitMEX, VerifyVASP
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VerifyVASP and Lambda256 Announce 'Travel Rule' Solution and 12 Alliance PartnersBusinesskorea•Aug 07, 2020•VerifyVASP
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