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Veryfi converts bills, receipts, invoices and other documents into structured data to eliminate manual entry and speed downstream workflows. It delivers this via AI-powered APIs and SDKs that combine…

Veryfi converts bills, receipts, invoices and other documents into structured data to eliminate manual entry and speed downstream workflows. It delivers this via AI-powered APIs and SDKs that combine…
What they do: AI-powered APIs/SDKs that convert documents (receipts, invoices, IDs, etc.) into structured data in real time
Founded: 2016/2017 (company presents founded year 2017; official start December 2016 noted)
Headquarters: San Mateo, California
Security & compliance: SOC 2 Type II (also lists GDPR, HIPAA, CCPA)
Tech: In-house model training on NVIDIA H100/DGX infrastructure; deploys on AWS
B2B SaaS / API with pay-as-you-go or custom pricing
Document-to-data extraction / Intelligent Document Processing (receipts, invoices, IDs, checks, medication labels)
2017
Software Development
12000000
Round reported as $12M (announced April 26, 2021) with participation from TI Platform, the Willard Family and Act One Ventures
“Company has multiple institutional investors (e.g., NewView Capital, Act One Ventures, Transpose Platform Management, Y Combinator listed among investors)”
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