When was Verisys founded?

Verisys was founded in 1992 and raised its 1st funding round 25 years after it was founded.

Where is Verisys located?

Verisys is headquartered in Alexandria, United States. It is registered at Alexandria, Virginia.

How many employees does Verisys have?

As of Aug 31, 2026, the latest employee count at Verisys is 381.

Is Verisys a funded company?

Verisys is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Mar 14, 2017.

When was the latest funding round of Verisys?

Verisys' latest funding was a $***** PE round on Mar 14, 2017, with participation from 2 investors.

Where does Verisys rank among its competitors?

Verisys ranks 9th amongst 87 active competitors, of which 15 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Intiva Health, which secured $515K in Oct, 2025.

Who are the top competitors of Verisys?

Verisys' top competitors include Medallion, Axuall and MedTrainer. Among them, Intiva Health secured the most recent funding round in October, 2025.

Verisys - 2026 Company Profile, Team, Funding & Competitors

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 87 active competitors, including 15 funded and 9 that have exited. Its top competitors include companies like Medallion, Axuall and MedTrainer.

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

PE, Mar 14, 2017, $*****

Investors

Spectrum Equity & 2 more

Ranked

9^th among 87 active competitors

Employee Count

381 as on Aug 31, 2026

Investment & Acquisitions

Med Advantage & 2 more

Similar Companies

Medallion & 108 more

View Verisys' full profile

Verisys is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VERISYS GLOBAL PRIVATE LIMITED CIN: U72900TG2022FTC160024 , India, Active	Feb 23, 2022	₹10 - ₹50 Cr (As on Mar 31, 2025)	-
VERISYS CORPORATION CIN: 541651292 , United States, Active	Dec 26, 999	-	537 (As on Dec 31, 2024)	-

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 3 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	7498598	PE	4072566	9145180	6922660	5522623

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View details of Verisys's funding rounds and investors

The 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 381 employees as of Aug 26. Here is Verisys's employee count trend over the years:

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Top competitors of Verisys include Medallion, Axuall and MedTrainer. Here is the list of Top 10 competitors of Verisys, ranked by Tracxn score:

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	Spark Capital, Google Ventures & 22 others	62/100
2nd	Axuall 2018, Cleveland (United States), Series B	Offers digital credentialing services for healthcare providers	$41M	Flare Capital Partners, Jumpstart Ventures ... & 16 others	56/100
3rd	MedTrainer 2013, Redlands (United States), Series B	Cloud-based tools for credentialing, learning, and compliance management	$54M	Vista Equity Partners, Telescope Partners	54/100
4th	Hashed Health 2016, Nashville (United States), Series A	Consortium of healthcare companies leveraging blockchain	$10.8M	UPMC Enterprises, Whistler Capital Partners ... & 3 others	51/100
5th	Silversheet 2014, Los Angeles (United States), Acquired	Medical credentialing solutions for healthcare organizations	$10.4M	Rincon Venture Partners, Upfront Ventures ... & 16 others	50/100
6th	andros 2013, New York City (United States), Series B	Provider of healthcare information management services	$47.9M	Questa Capital, Bowery Capital & 10 others	49/100
7th	Intiva Health 2017, Austin (United States), Seed	Healthcare parent company innovating wellness, credentialing, manufacturing, and holistic care	$515K	-	46/100
8th	Certify 2021, New York City (United States), Series B	A provider data technology platform to streamline healthcare management	$69M	Upfront Ventures, Transformation Capital ... & 16 others	45/100
9th	Verisys 1992, Alexandria (United States), Late Stage	Healthcare compliance solutions: real-time data for credentialing, risk mitigation, and compliance	-	Spectrum Equity, BayHawk Capital & 1 others	45/100
10th	Verifiable 2019, Austin (United States), Series B	Cloud based credentials verification and monitoring software for healthcare providers	$50.1M	Craft Ventures, Liquid 2 Ventures & 22 others	45/100

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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	Med Advantage	1993	Orlando (United States)
Mar 06, 2018	Acquisition	Med Advantage	1993	Orlando (United States)
Apr 06, 2015	Investments	TrueCred	2012	Watchung (United States)