Verafin Revenue and Competitors

Claim your profile

St. John's, NL CAN

Location

$454M

Total Funding

Estimated Revenue & Valuation

  • Verafin's estimated annual revenue is currently $170.9M per year.(i)
  • Verafin's estimated revenue per employee is $207,350
  • Verafin's total funding is $454M.

Employee Data

  • Verafin has 824 Employees.(i)
  • Verafin grew their employee count by 23% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$170M93415%N/AN/A
#2
$36.4M22825%N/AN/A
#3
$97.2M536N/AN/AN/A
#4
$69.2M41941%$108.2MN/A
#5
$2.2M22-24%N/AN/A
#6
$3.8M33N/AN/AN/A
#7
$131.1M7052%$760.4M$800M
#8
$2.7M27N/AN/AN/A
#9
$11.7M59N/AN/AN/A
#10
$75.4M416N/AN/AN/A
#11
$66M364N/AN/AN/A
#12
$120.5M6712%$15.8MN/A
#13
$3.8M33N/AN/AN/A
#14
$0.6M8N/AN/AN/A
#15
$70M42456%$474.8M$1.8B
#16
$0.3M4N/AN/AN/A

Verafin is a leader in cloud-based, cross-institutional Fraud Detection and Anti-Money Laundering (FRAMLx) collaboration software with a customer base of 1700 financial institutions across North America. With proven expertise in financial crime analytics, Verafin helps financial institutions stay a step ahead of numerous types of fraud as well as the BSA, USA PATRIOT Act, and FACTA compliance landscape. Verafin's innovative crime-fighting solution includes FRAMLxchange, the industry's largest secure 314(b) information sharing network, that facilitates collaboration between investigators at more than 1400 financial institutions, and is available to any 314(b)-registered institution. As the exclusive provider of fraud detection and BSA/AML software for the Texas Bankers Association, California Bankers Association, Florida Bankers Association, Illinois Bankers Association, Massachusetts Bankers Association, CUNA Strategic Services, and a preferred service provider of the Independent Community Bankers of America, Verafin has industry endorsements in 47 states across the U.S. For more information, visit www.verafin.com, email info@verafin.com or call 866.781.8433.

keywords:Banking,Finance,Human Resources Hr,Information Security,Security

$454M

Total Funding

824

Number of Employees

$170.9M

Revenue (est)

23%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Verafin News

2022-04-17 - Nasdaq Reports First Quarter 2022 Results; Delivers Strong Growth in Solutions Segments Revenue

Solutions segments2 revenues increased 15%, including 13% organic growth and 4% contribution from the acquisition of Verafin,...

2022-04-17 - Nasdaq Reports Record Revenue

“By bringing together all Nasdaq's anti-financial crime solutions, including Verafin, and our market and trade surveillance solutions under...

2022-04-06 - Genesis 25th Pitch and Pick

Verafin, 18 Hebron Way, St. John's. The amazing companies in our intensive Evolution program have been working hard for eight weeks.

2019-09-25 - Verafin Closes C$515M Equity and Debt Recapitalization

Verafin, a St. John’s-Canada-based financial crime management software company, completed a C$515m equity and debt recapitalization. New equity financing was provided by Spectrum Equity’s current investing fund and Information Venture Partners’ (IVP) new fund with participation by new backers N ...

2019-09-25 - St. John’s-based Verafin closes massive $515 million in financing

Verafin, a financial crime management company based in St. John’s, Newfoundland and Labrador, has closed a record-setting $515 million CAD in equity and debt recapitalization. This represents the largest-ever venture capital deal in Canadian history. “Verafin is in the very early innings of its ...