Veridion provides real-time business data enrichment through APIs that deliver granular firmographic insights, enabling organizations to maintain accurate supplier information and monitor changes in business activities. This technology addresses the issue of outdated and inaccurate supplier data, which can lead to missed opportunities and increased risk in procurement and risk management processes.
Funding
$7.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LVFounders
Product
Problem
Organizations face challenges in maintaining accurate and up-to-date supplier information, leading to missed opportunities and increased risks in procurement and risk management. Outdated and inaccurate business data can result in poor decision-making and inefficiencies across various business functions.
Solution
Veridion provides real-time business data enrichment through APIs, delivering granular firmographic insights to maintain accurate supplier information and monitor changes in business activities. The platform offers a comprehensive data universe, providing a fresh source of truth for company data. By using AI-driven matching and enrichment capabilities, Veridion streamlines data unification, helping organizations achieve accurate and unified data records. The APIs facilitate supplier discovery, streamline data unification, and improve third-party risk management by providing real-time updates and dynamic watchlists.
Target Audience
Veridion primarily serves organizations in procurement, insurance, SMB lending, market intelligence, and ESG, seeking to improve business validation, oversee markets automatically, and monitor risk in real-time.
Features
- Real-time APIs for accessing up-to-date business data
- Granular firmographic insights for accurate supplier information
- AI-driven matching and enrichment capabilities for data unification
- Complex Search API to find companies by name, industry, keywords, and more
- Match & Enrich API to query with company details and receive a full company profile
- Real-time risk monitoring solutions with customizable risk parameters
- Access to ESG policies and commitments for sustainable business practices