Verituity - About the company
Verituity is a series B company based in Mclean (United States), founded in 2020 by Chris Smith. It operates as a Cloud-based platform for connecting banks, payers, and payees for digital payouts. Verituity has raised $29.8M in funding from investors like ForgePoint Capital, Sandbox Industries and Ardent Venture Partners. The company has 46 active competitors, including 10 funded and 8 that have exited. Its top competitors include companies like Fiserv, Arcus and Volante Tech.
Company Details
Cloud-based platform for connecting banks, payers, and payees for digital payouts. It provides modernization tools for bank treasury services. It unifies and automates identity verification, payment choice, payment account verification, and verified payment orchestration.
- Website
- verituity.com
- Email ID
- *****@verituity.com
Key Metrics
Founded Year
2020
Location
Mclean, United States
Stage
Series B
Total Funding
$29.8M in 2 rounds
Latest Funding Round
Investors
Ranked
11th among 46 active competitors
Employee Count
27 as on May 31, 2026
Sign up to download Verituity's company profile
Verituity's funding and investors
Verituity has raised a total funding of $29.8M over 2 rounds. Its first funding round was on May 25, 2021. Its latest funding round was a Series B round on Apr 15, 2024 for $*****. 4 investors participated in its latest round. Verituity has 4 institutional investors.
Here is the list of recent funding rounds of Verituity:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 15, 2024 | 3423941 | Series B | 7161238 | 9095650 | 3292371 | 6013556 |
May 25, 2021 | 5085472 | Series A | 6379799 | 5566220 | 4026156 |
View details of Verituity's funding rounds and investors
Verituity's founders and board of directors
Founder? Claim ProfileThe founders of Verituity is Chris Smith. Ben Turner is the CEO of Verituity.
Here are the details of Verituity's key team members:
- Chris Smith: Co-Founder & COO of Verituity. Contact Info: 1 email address
View details of Verituity's Founder profiles and Board Members
Verituity's employee count trend
Verituity has 27 employees as of May 26. Here is Verituity's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Verituity's Competitors and alternates
Top competitors of Verituity include Fiserv, Arcus and Volante Tech. Here is the list of Top 10 competitors of Verituity, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Fiserv 1984, Milwaukee (United States), Public | Provider of technology and services to the financial services industry | - | 79/100 | |
2nd | Arcus 2013, New York City (United States), Acquired | Payment-as-a-service-solutions for merchants | $9.73M | 69/100 | |
3rd | Volante Tech 2001, Jersey City (United States), Series C | Payment facilitation solutions for financial institutions | $116M | 69/100 | |
4th | Sola 1996, Brooklyn (United States), Late Stage | Provider of integrated payment processing solutions for businesses | - | 56/100 | |
5th | Infinicept 2014, Denver (United States), Series A | Payment facilitator solutions for merchants | $23.2M | 54/100 | |
6th | Payrix 2015, Hollywood (United States), Acquired | Payment facilitation platform for businesses | $72M | 50/100 | |
7th | Natural 2025, San Francisco (United States), Series A | Developer of payment processing solutions for interactions between agents and businesses | $39.8M | 46/100 | |
8th | Fortis 2010, Novi (United States), Late Stage | Payment facilitation solutions for businesses | - | 44/100 | |
9th | BHMI 1986, Omaha (United States), Unfunded | Financial products and services for processing payments | - | - | 44/100 |
10th | Datacap Systems 1983, Chalfont (United States), Unfunded | POS and mPOS software solutions for businesses | - | - | 44/100 |
11th | Verituity 2020, Mclean (United States), Series B | Cloud-based platform for connecting banks, payers, and payees for digital payouts | $29.8M | 42/100 |
Looking for more details on Verituity's competitors? Click here to see the top ones
Verituity's Investments and acquisitions
Verituity has made no investments or acquisitions yet.
Reports related to Verituity
Here is the latest report on Verituity's sector:
News related to Verituity
•
•
Verituity Raises $18.8M to Accelerate its B2B and B2C Verified Payout PlatformBusiness Wire•Jun 21, 2024•Verituity, Sandbox Industries, ForgePoint Capital, Ardent Venture Partners and 1 other
•
•
•
•
BNY Mellon Launches New Payment Platform Vaia for Payee-Choice DisbursementsVerituity•Oct 25, 2022•Verituity, BNY
•
BNY Mellon: Launches New Payment Platform Vaia for Payee-Choice DisbursementsFintechinshorts•Oct 25, 2022•BNY Mellon, Verituity
•
•
•
Are you a Founder ?
FAQs about Verituity
Explore our recently published companies
- BIA Home Care Service - Pittsburgh based, 2021 founded, Unfunded company
- JK Auto & Truck Repair - Marlton based, Unfunded company
- Lippert - Elkhart based, 1956 founded, Unfunded company
- AMZ Tech Solutions - Cedar Rapids based, Unfunded company
- ItsGuru - Houston based, 2006 founded, Unfunded company
- Anh Totti Nguyen - Unfunded company