Veriff – Identity Verification Solution. At Veriff we believe that your identity is who you are, it’s your most valuable asset. Therefore you deserve real safety, real protection, real transparency. Veriff is dedicated to keeping transparency at the heart of every online interaction. We’re a diverse and collaborative team of experts across the globe, and both our products and teams reflect our mission for a safer internet for everyone.
Making the internet a safer place
At Veriff we are passionate about creating a safer environment online. We believe that more accountability and transparency is needed online. Everyone deserves to know that the person they are interacting with online is the person they say they are.
Where are we going?
Our mission is to bring transparency to the digital world — making it safer for everyone online. We’re constantly building towards global digital transparency, and even with 45 supported languages and over 11,000 recognized documents, we know this is just the beginning.
WHO ARE WE?
Veriff is the industry leader in online identity verification, helping businesses achieve greater levels of trust and making the internet a better place for everyone. Our intelligent decision engine analyzes thousands of technological and behavioral variables linked to government IDs from over 190 countries.
Founded in 2015, Veriff serves a global portfolio of organizations across the fintech, crypto, and mobility sectors. Veriff’s investors include Tiger Capital and Alkeon. Veriff’s latest $100 million investment round brings its total funding to $200 million and its valuation to $1.5 billion. With offices in the United States, United Kingdom Spain, and Estonia, and 550 people from 60 different nationalities, every day we’re dedicated to helping businesses and individuals build a more secure world.
WHY OUR CLIENTS CHOOSE US
Veriff helps companies onboard as many honest customers as possible from anywhere in the world. Veriff is as easy to use as it is to set up, allowing companies to focus on what they do best while we take care of online identity verification. Here are a few reasons why our clients choose us:
Top-performing clients get pass rates up to 95%
We support over 190 countries and 45 languages
We process more than 10,200 government issued IDs across the globe
Real-time feedback guides users through the process
No device or OS left behind, our software plays nice with everyone
SHORT INCREDIBLE HISTORY
Technological innovation often starts with solving real-life issues. Veriff’s story is no different. At the age of 14, the founder of Veriff, Kaarel Kotkas, was living on a farm on the Estonian island Hiiumaa. For making hay for the cows, they used blue twine to tie up the hay bales. As the twine was non-biodegradable, Kaarel started looking for environmentally sound alternatives. He found it from an online store. Kaarel tried to buy it but the purchase was declined due to his young age. Instead of giving up, he photoshopped the data on his ID and changed his birth year. It worked and the biodegradable twine was shipped to Hiiumaa. Kaarel realized that even global conglomerates have intimidatingly low barriers to secure online identification.
Several years later when Kaarel was graduating from high school, he was also conducting a case study for Wise. His task was to find potential backdoors to access Wise with a false ID. Kaarel kept developing his case study and wrote code.
On October 20th, 2015 Veriff was registered as a one-man company. That’s how it all got started. A year later, the Co-Founder of Wise Taavet Hinrikus invested in Veriff.
THE CORE TEAM
FOUNDERS
Kaarel Kotkas, Founder & CEO
Kaarel is the strategic thinker and visionary behind Veriff. He keeps Veriff’s team one step ahead of fraud and competition in the dynamic world of online identification. With plenty of energy and enthusiasm, he encourages the Veriff team to stand for honesty in the digital world. In March 2020, Kaarel was named the EY Entrepreneur of the Year in Estonia. Also, Nordic Business Report named Kaarel one of the 25 most influential young entrepreneurs in Northern Europe in 2018.
Janer Gorohhov, Co-Founder & CPO
Janer is in charge of Veriff’s product and innovation to make sure that our verification engine is a trend-setter and outperforms every other solution on the market. He is a tech-savvy innovation enthusiast who started his career as a full-stack developer. Before joining Veriff, he gained experience in project management, and worked with fundraising and finance. He holds a degree in computer and information science from the University of Tartu.
THE MANAGEMENT TEAM
Jaanus Kivistik, Chief Technical Officer
Jaanus manages Veriff’s current and future tech solutions. Working in startups since 2003, Jaanus is a technical leader with hands-on skills and was formerly in charge of operating Core Services at Skype. He enjoys designing and running end-to-end platforms that blend hardware or software clients with cloud-based back-ends. He has a great operational mindset for technology that knows how to handle a crisis.
Indrek Heinloo, Chief Operating Officer
Indrek’s leadership experience and strategic mindset ensure that our teams are aligned to achieve our ambitious goals. He has 15+ years of experience working as a leader, strategist, and consultant in 20 countries on 3 continents, with companies including Luminor Bank, Jumia, McKinsey and others. Indrek believes in Agile Leadership philosophies, investing in and growing talent, and working smart with a good focus. High-performing teams can achieve pretty much anything, as long as there is a clear shared dream they want to achieve. He’ll be crucial in preparing the company for what challenges will come with 3x, 5x, 10x growth, and beyond.
Amish Mody, Chief Financial Officer
Amish is in charge of financial operations at Veriff. Before joining Veriff, he was working as VP of Finance at Monese for five years responsible for the accounting; financial planning and analysis; business intelligence and treasury functions. He oversaw the company’s rapid development from pre-launch to headcount of several hundred with operations in four countries. Prior to Monese Amish was an investment banker for 10 years working on mergers and acquisition, capital raising and strategic advisory projects in Central and Eastern Europe.
Caroline Mogford, Chief Marketing Officer
Caroline leads Marketing at Veriff. Prior to Veriff, she spent 15 years at Google and experience management company Qualtrics in London and Singapore. Caroline built and led both EMEA and global partner marketing at Qualtrics. She is an economist by training with degrees from Cambridge and the London School of Economics, and started her career at the Bank of England.
THE BOARD OF DIRECTORS
Jules Maltz, General Partners at IVP
Jules Maltz joined IVP in August 2008 and has over 15 years of venture capital and startup experience. He focuses on later-stage venture investments in rapidly-growing software and Internet companies. Jules was recognized by Forbes Magazine as one of the top 100 venture capitalists in the world by his inclusion in the 2020, 2019, and 2018 Midas Lists. Jules led IVP’s investments in Buddy Media, Checkr, Dropbox, Eightfold, G2, Grammarly, Hims & Hers, Hopin, Indiegogo, MuleSoft, NerdWallet, Nextdoor, Oportun, RetailMeNot, Slack, SteelBrick, Tala, TransferWise, TuneIn, Zendesk, and Zenefits. Jules currently serves as a Board Director or Board Observer for Eightfold, G2, Grammarly, Hims & Hers, Hopin, Indiegogo, Tala, and Wise.
Matt Weigand, Partner at Accel
Matt Weigand joined Accel in 2013 and focuses on enterprise software and security businesses. Matt represents Accel on the Board of Veriff, Snyk, and Cognite and is actively involved with Accel’s investments in Cornershop, G2Crowd, MessageBird, Xero, and GoFundMe. Prior to joining Accel, Matt worked with William Blair’s technology investment banking group.
Simon Levene, Co-founder and Partner, Mosaic Ventures
Simon Levene is a co-founder and partner of Mosaic Ventures, a London-based venture capital fund focused on early stage investing. Previously Simon was a partner at Accel, and served as VP Corp Dev at Yahoo, and Dir Corp Dev at Excite@Home and its predecessor, @Home. His recent Series A investments include Nexar, Clue, Blockstream, and Number Four; and previously Etsy, Fotolia, Squarespace, Shapeways, ResearchGate, and MyHeritage.
Taavet Hinrikus
Taavet Hinrikus is the Chairman of Wise, which he co-founded in 2010. Prior to starting Wise, Taavet was Skype’s director of strategy until 2008, starting as its first employee. He recently launched a new health tech company Certific which uses science and technology to make the world a safer place for live events, sports, travel and social gatherings. He’s also an angel investor and advisor with investments including Zego, Cleo, Uncapped, Meatable, Bolt and many others.
VERIFF TEAM
Over 550 people in Tallinn, Tartu, Estonia; New York, the USA, London, the UK; Barcelona, Spain.
People from 60 nationalities
44% women & 56% men
