Verisys - About the company
Verisys is a late stage company based in Alexandria (United States), founded in 1992 by John P. Benson. It operates as a Healthcare compliance solutions: real-time data for credentialing, risk mitigation, and compliance. Verisys has raised an undisclosed amount in funding from Spectrum Equity. The company has 70 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like Medallion, Certify and Verifiable.
Company Details
Healthcare compliance solutions: real-time data for credentialing, risk mitigation, and compliance. They empower healthcare organizations with verified data solutions, ensuring patient safety and streamlining hiring processes. Their advanced tools manage payment integrity and enhance clinical compliance. They offer comprehensive data coverage across all provider types, scaling seamlessly to meet credentialing requirements and manage provider documents. Automated data updates ensure continuous compliance and prevent credentialing lapses. They consolidate data across systems, replacing point solutions with a unified compliance management platform, reducing operating costs and supporting quality patient care. Services include FACIS screening, licensure monitoring, credentialing, and payment integrity verification. They provide master provider data management, data cleansing, normalization, and augmentation. They meet NCQA, The Joint Commission, and URAC credentialing standards. They offer real-time eligibility checks and pre-hire screening. They are a B2B company offering SaaS and software solutions.
- Website
- verisys.com
- Social
- Registered Address
- Alexandria, Virginia
Key Metrics
Founded Year
1992
Location
Alexandria, United States
Stage
Late Stage
Latest Funding Round
Investors
Ranked
9th among 70 active competitors
Employee Count
406 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Verisys
Verisys is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VERISYS CORPORATION CIN: 541651292 , United States, Active | Dec 26, 999 | - | 537 (As on Dec 31, 2024) | - |
VERISYS GLOBAL PRIVATE LIMITED CIN: U72900TG2022FTC160024 , India, Active | Feb 23, 2022 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
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Verisys's funding and investors
Verisys has raised funding over 1 round. Its latest funding round was a PE round on Mar 14, 2017 for $*****. 2 investors participated in its latest round. Verisys has 2 institutional investors.
Here is the list of recent funding rounds of Verisys:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 14, 2017 | 1041610 | PE | 2632364 | 2729815 | 6075088 | 8849943 |
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Verisys' founders and board of directors
Founder? Claim ProfileThe founders of Verisys is John P. Benson.
Here are the details of Verisys' key team members:
- John P. Benson: Co-Founder & COO of Verisys and founder of 1 other company.
View details of Verisys's Founder profiles and Board Members
Verisys' employee count trend
Verisys has 406 employees as of Jun 26. Here is Verisys's employee count trend over the years:
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Verisys's Competitors and alternates
Top competitors of Verisys include Medallion, Certify and Verifiable. Here is the list of Top 10 competitors of Verisys, 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 | 57/100 | |
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 | Hashed Health 2016, Nashville (United States), Series A | Consortium of healthcare companies leveraging blockchain | $10.8M | 51/100 | |
6th | Silversheet 2014, Los Angeles (United States), Acquired | Medical credentialing solutions for healthcare organizations | $10.4M | 50/100 | |
7th |  andros 2013, New York City (United States), Series B | Provider of healthcare information management services | $47.9M | 48/100 | |
8th | Intiva Health 2017, Austin (United States), Seed | Healthcare parent company innovating wellness, credentialing, manufacturing, and holistic care | $515K | - | 46/100 |
9th | Verisys 1992, Alexandria (United States), Late Stage | Healthcare compliance solutions: real-time data for credentialing, risk mitigation, and compliance | - | 44/100 | |
10th |  MedTrainer 2013, Redlands (United States), Series B | Cloud-based tools for credentialing, learning, and compliance management | $54M | 42/100 |
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Verisys's Investments and acquisitions
Verisys has made 1 investment in TrueCred and acquired Med Advantage and Med Advantage.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 19, 2021 | Acquisition | 1993 | Orlando (United States) | |
Mar 06, 2018 | Acquisition | 1993 | Orlando (United States) | |
Apr 06, 2015 | Investments | 2012 | Watchung (United States) |
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Here is the latest report on Verisys's sector:
News related to Verisys
Filter this listMedia has covered Verisys for 1 event in last 1 year, It was about partnerships.
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ID.me and Verisys partner to streamline Medicaid provider identity verification and credentialingBiometricUpdate.com•May 18, 2026•Verisys, ID.me
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Asurint Introduces the Comprehensive Provider Profile Powered by VerisysGlobeNewswire•May 27, 2025•Verisys, Asurint
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Verisys Corporation Recognized by Comparably as Best Company for Leadership 2020PR Newswire•Jul 22, 2020•Verisys
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Verisys - Dedicated To Preventing Fraud, Waste And Abuse For Leading OrganizationsTech Company News•Dec 06, 2017•Verisys
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Verisys Corporation's John Benson Makes Comparably's 2017 Best CEOs ListCitybizlist•Nov 30, 2017•Verisys
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Joe Montler Joins Verisys Corporation as Senior Vice President of SalesPR Newswire•Aug 17, 2017•Verisys
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