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About Vouched
Industries
Fintech
Cybersecurity
Financial Services
Company Size
51-200
Company Stage
Early VC
Total Funding
$15.6M
Headquarters
Seattle, Washington
Founded
2018
Overview
Vouched.id provides digital identity verification solutions that help businesses confirm customer identities online using artificial intelligence and computer vision. This service is essential for industries like automotive, eCommerce, and finance, where accurate identity checks are necessary to prevent fraud and comply with regulations. Vouched.id differentiates itself with a subscription and usage-based pricing model, charging clients based on successful verifications, which aligns its revenue with the value provided. The company's goal is to enhance the security and efficiency of identity verification for businesses transitioning to online operations.
Simplify's Take
What believers are saying
- Growing demand for remote identity verification boosts Vouched's market potential.
- Partnerships with Lendflow and Trident3 enhance Vouched's service offerings.
- New CEO Peter Horadan brings extensive SaaS innovation experience to Vouched.
What critics are saying
- Emerging startups increase competition in the digital identity verification space.
- Rapid AI advancements may render Vouched's solutions obsolete without continuous innovation.
- Stringent data protection regulations could raise compliance costs for Vouched.
What makes Vouched unique
- Vouched uses patent-pending AI for fast, visual identity verification.
- It supports hundreds of ID types, including U.S., Canada, and Great Britain IDs.
- Vouched's solutions cater to regulated industries like healthcare and financial services.
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Funding
Total Funding
$15.6M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Remote work
Stock options
Flexible PTO
Comprehensive Insurance
401(k)
Growth & Insights and Company News
6 month growth
↓ -2%1 year growth
↓ -7%2 year growth
↓ -9%By partnering with Vouched, Lendflow aims to enhance its identity verification processes, ensuring secure and efficient services.
Peter Horadan, CEO at VouchedWhat You Should Know: – Vouched, the leading provider of AI-powered identity verification solutions for healthcare, banking, and financial services, has announced the appointment of Peter Horadan as its new Chief Executive Officer. – Vouched, founder John Baird will become the company’s Chairman of the Board and Chief Strategy Officer. In this role, he will continue to provide strategic oversight and contribute to the company’s vision and long-term goals.Horadan Bio/BackgroundHoradan brings a wealth of experience to Vouched, having established himself as a successful entrepreneur and technology leader with a proven track record in SaaS (Software as a Service) innovation. Throughout his career, he has played a key role in creating over $20 billion in market capitalization, making him a valuable addition to Vouched’s leadership team.In 2019, Horadan founded Lockstep, the world’s first connected accounting platform, which he grew into a digital network connecting over 26,000 companies. His leadership and strategic vision led to the successful acquisition of Lockstep by The Sage Group, a global leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses.Prior to his success with Lockstep, Horadan was instrumental in the growth of Avalara, a leading provider of transactional tax solutions. During his tenure, he played a key role in developing the company’s technology, contributing to Avalara’s successful IPO. His extensive career also includes leadership positions at Concur Technologies, Scout Analytics, Microsoft, Corillian, and BEA Systems, where he consistently drove innovation and growth.“I have spent my career harnessing technology waves as they transform essential business processes, and I firmly believe the next frontier is identity,” said Peter Horadan, CEO of Vouched
SEATTLE--(BUSINESS WIRE)--Brace yourselves, folks, because Seattle's very own Vouched, the tech startup that deploys AI to solve the complex problem of digital identity verification for banking, healthcare and telemedicine, and other industries, has been crowned "Startup of the Year" by the discerning readers of Hackernoon.com. In a stunning turn of events, this accolade apparently recognizes the brilliant innovation happening in the highly competitive tech startup scene in the Emerald City. Startup of the Year voting was from May 8 to December 31, 2023. Vouched came out on top of a field of 176 startups in the region. OpsHelm and Maestro were runners up. Hackernoon’s announcement can be found at https://hackernoon.com/startups/north-america/north-america-seattle-wa-usa
Former Onfido Leader to Elevate Vouched's Market PresenceSEATTLE, Oct. 16, 2023 /PRNewswire/ -- Vouched , the pioneering AI-driven identity verification platform, proudly announces the appointment of David O'Toole as Vice President of Revenue Growth and Customer Success. David's role will be pivotal in furthering Vouched's revenue acceleration goals and deepening customer engagement.John Baird, CEO and Co-Founder of Vouched, expressed his enthusiasm for this latest addition to the executive team, stating, "As we venture deeper into the AI-driven identity verification realm, a visionary like David is pivotal. His exemplary track record at Onfido and other major industry players resonates with our ethos at Vouched. His insights and vision align with our commitment to delivering trailblazing, efficient, and trustworthy verification solutions.""What drew me to Vouched was the unwavering commitment to customers in every facet of the company's operations." Post thisIn his role as Vice President of Revenue Growth and Customer Success, David will focus on bolstering Vouched's market footprint and strengthening customer relationships. His decision to join Vouched underscores the pivotal phase the identity verification domain is experiencing
Vouched, an AI-driven identity verification platform, announced it will provide identity verification services in support of the launch of FreedomID, a platform designed “to support refugees in their safe passage and settlement anywhere in the world, formed by UK tech company Zenoo.”. Vouched expects to assist in “the verification of hundreds of thousands of Ukrainian refugees by the end of this year.”. John Baird, Co-Founder and CEO, Vouched, said:
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About Vouched
Industries
Fintech
Cybersecurity
Financial Services
Company Size
51-200
Company Stage
Early VC
Total Funding
$15.6M
Headquarters
Seattle, Washington
Founded
2018
There are no jobs for Vouched right now.
Find jobs on Simplify and start your career today
People Also Viewed
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