Veriff is a global identity verification company founded in 2015 by Kaarel Kotkas, headquartered in Tallinn, Estonia. The company was established to create a more secure and reliable online identity verification process after Kotkas encountered difficulties with online identification as a minor, which inspired him to develop better verification methods. The company’s first product launched in 2016, initially serving clients in Estonia and quickly expanding internationally.
Veriff specializes in online identity verification services aimed at making digital interactions safer by ensuring that individuals are who they claim to be online. Their technology supports over 48 languages and recognizes more than 12,000 document types globally, providing broad coverage and accessibility. The company has grown significantly, opening offices in major cities such as New York, London, and Barcelona, and expanding into Latin America with hubs in Colombia, Brazil, and Mexico.
Throughout its history, Veriff has secured substantial investment, including $8.3 million in Series A funding and $69 million in Series B, and achieved unicorn status with a $1.5 billion valuation following a $100 million Series C round. Veriff works closely with government bodies like the Estonian Ministry of Finance and Ministry of the Interior to maintain data privacy and security standards.
The company’s mission centers on creating a safer internet environment with more accountability and transparency online. Their solutions are used by various industries and online businesses worldwide to combat identity fraud and enhance digital trust.