Veridium Revenue and Competitors

Boston, MA USA

Location

$16.7M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Veridium's estimated annual revenue is currently $4.5M per year.(i)
  • Veridium received $16.5M in venture funding in July 2018.
  • Veridium's estimated revenue per employee is $98,800
  • Veridium's total funding is $16.7M.

Employee Data

  • Veridium has 46 Employees.(i)
  • Veridium grew their employee count by -8% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$42.9M275-4%$191.2MN/A
#2
$0.3M4N/AN/AN/A
#3
$67.8M37428%$5MN/A
#4
$14.6M101N/AN/AN/A
#5
$279.3M13590%$128.3M$1.7B
#6
$13.5M9327%N/AN/A
#7
$1M12N/AN/AN/A
#8
$5.2M45N/AN/AN/A
#9
$5M43N/AN/AN/A
#10
$123.6M47714%$87.9MN/A
#11
$0.4M6N/AN/AN/A
#12
$1.3M15N/AN/AN/A
#13
$58.6M261N/AN/AN/A
#14
$2.6M26N/AN/AN/A
#15
$1.6M1880%N/AN/A
#16
$12.2M84N/AN/AN/A
#17
$2.8M28N/AN/AN/A
#18
$2.8M28N/AN/AN/A
#19
$4.4M400%$15.8MN/A
#20
$3M37N/AN/AN/A
Add Company

Veridium's software can reduce or eliminate identity as a major attack vector, by replacing the vulnerable password with biometric authentication. Powered by an unmatched legacy of biometrics R&D, Veridium solutions will increase your company's security, reduce fraud and cut the costs associated with passwords and tokens. Whether it's nation-state spies intent on stealing information or cybercriminals looking to make a buck, hackers are prowling the web looking for security weaknesses to exploit. The most common attack method remains weak or stolen passwords. According to a recent report by Verizon, 63 percent of data breaches would have been stopped, or hackers would have been forced to change tactics if a suitable replacement to passwords had been used. Passwords are flawed. That's why Veridium has assembled an all-star team of developers and computer scientists with a singular mission: eliminate passwords completely. Instead, your face, your fingerprints, and your voice are your passwords. Veridium is a leader in single-step multi-factor biometric authentication, designed to safeguard enterprises most critical assets, their employees and data. Veridium's solutions are secure, flexible and enterprise-ready. Isnt it time you protected your company with Veridium

keywords:Human Resources Hr

$16.7M

Total Funding

46

Number of Employees

$4.5M

Revenue (est)

-8%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Veridium News

2022-04-17 - Passwordless Authentication Software Professional Market ...

Veridium; Secret Double Octopus; ReachFive; Trusona; IDEE GmbH; HYPR; Groove id; Ping Identity; Identite; Privakey; cidaas. Final Report will...

2022-03-22 - Veridium Appoints Damon Ebanks as Vice President of ...

NEW YORK--(BUSINESS WIRE)--Veridium, a leading developer of frictionless, passwordless authentication solutions, today announced the...

2019-02-26 - Mobile security platform combines biometrics and behavior to enhance security

Multi-factor authentication specialist Veridium is launching a new behavior analytics feature to better protect user identities and prevent malicious activity. Incorporated in the VeridiumID authentication platform, InMotion increases the reliability of all native biometrics for authentication ...

2018-07-02 - Veridium Raises $16.5M in Strategic Series B Funding Round

Veridium, a Quincy, Mass.-based leader in authentication solutions using biometrics instead of passwords and tokens, closed its Series B funding round of $16.5m. The round was led by Michael Spencer, with participation from Citrix Systems and Michael Powell. Michael Spencer, who is the Group Ch ...

2018-07-01 - Veridium Closes $16.5M Strategic Series B Funding Round

QUINCY, Mass.--(BUSINESS WIRE)--Veridium, a leader in strong authentication solutions using biometrics instead of passwords and tokens, today announced that it has closed its Series B funding round of $16.5 million. The investment round was led by UK entrepreneur and philanthropist, Michael Spen ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$4.9M46-52%$8.3M
#2
$10.1M4631%N/A
#3
$4.9M46-21%$50M
#4
$4.9M4610%$56.9M
#5
$5.3M46N/AN/A

Veridium Funding

DateAmountRoundLead InvestorsReference
2018-07-02$16.5MBCitrix Systems, IncArticle