Veryfi builds powerful APIs and software for extracting structured data from documents such as invoices, receipts, bank statements, and forms. The platform is widely used by fintech firms, consumer packaged goods (CPG) brands, backoffice automation providers, and other industries requiring ultra-fast, secure, and accurate data processing. Its headquarters is in San Mateo, California, and the company has between 51–200 employees.
Founded in 2017 by Dmitry Birulia and Ernest Semerda, both engineers previously at Coupons.com, Veryfi emerged from a desire to automate and eliminate manual data entry—a costly, persistent problem for modern businesses. As a Y Combinator alum (W17), Veryfi quickly gained traction in the AI-powered OCR sector by advancing document intelligence and integrating deep learning vision models to enhance data capture for any document type.
Veryfi has raised $12 million over three rounds, with its most significant Series A financing occurring in April 2021. The round was led by NewView Capital and included TI Platform, Willard Family, and Act One Ventures. This investment is directed at scaling operations and driving product innovation in enterprise AI for document transformation. The company has maintained profitability and is privately held.
OCR (Optical Character Recognition) APIs that transform receipts, invoices, bank and credit card statements, compliance documents, checks, and identity cards into structured data with industry-leading speed and accuracy.
Veryfi Lens: A mobile SDK enabling in-app document capture, hands-free long receipt stitching, and secure credit card scanning.
∀Docs (Universal Document OCR): Comprehensive extraction beyond totals, including line-items, vendor info, tax, currencies, and languages.
Fraud detection systems that flag duplicates and altered documents.
Advanced developer tools for integrating Veryfi within ERP platforms, backoffice automation, and RPA (robotic process automation) platforms.
Coverage for 91+ currencies and 38 languages.
its expansion has largely been organic—continually introducing new SDKs and platform-specific solutions to address emerging challenges in fintech, construction, healthcare, real estate, and compliance-heavy sectors. Veryfi's product line continues to evolve with integrations for popular automation and enterprise software tools.
Veryfi fosters a vibrant, inclusive, and innovation-driven workplace. Its values revolve around empathy (active listening to customers and peers), trust, trailblazing curiosity, and having fun. The company champions work-life balance, offering attractive compensation/equity, medical benefits, unlimited vacation, paid parental leave, flexible hours, and professional development opportunities. There’s a strong emphasis on authenticity, collaboration, and adventurous spirit in problem-solving.
Veryfi’s user base spans enterprise-level organizations in fintech, CPG, construction, healthcare, and real estate, with a focus on developers and automation teams. Customers regularly cite lightning-fast, accurate extraction, exceptional customer support, and powerful fraud prevention as differentiators. Community engagement includes feature feedback loops and direct success support, with customers often experiencing significant ROI improvements due to Veryfi’s automation.
