API for healthcare compliance
Verifiable has raised $47.0M across 3 funding rounds.
Key people at Verifiable.
Verifiable was founded in 2019 by Nick Macario (Founder) and Viv Rajkumar (Founder).
Verifiable has raised $47.0M in total across 3 funding rounds.
Key people at Verifiable.
Verifiable is a healthcare technology company that provides an API-driven platform to automate and streamline healthcare provider credentialing and compliance processes. Its product serves healthcare organizations, health plans, and provider networks by verifying provider credentials, licenses, and compliance status in real time, significantly reducing the time and cost associated with manual credentialing. By integrating with primary data sources and platforms like Salesforce, Verifiable helps healthcare organizations maintain up-to-date provider data, ensuring regulatory compliance and operational efficiency. The company has demonstrated strong growth, nearly doubling its employee count and customer base recently, with clients including Humana, Lyra Health, and Talkspace, and has tripled its revenue in the past year[1][2][3][5].
Founded in the early 2020s, Verifiable was created to address the persistent challenges in healthcare credentialing—namely, the slow, error-prone, and costly manual verification processes that delay provider onboarding and network management. The founders, experienced in healthcare and technology, recognized the need for an API-first, automated solution that could integrate seamlessly with existing healthcare IT systems. Early traction came from partnerships with behavioral health companies and health plans, which validated the platform’s ability to scale credentialing operations and improve compliance. The company evolved its focus from small providers to enterprise customers, securing major clients like Humana and expanding its product suite to include network monitoring and Salesforce integrations[1][3][5].
Verifiable rides the wave of digital transformation in healthcare, addressing the critical need for automation in provider credentialing amid growing regulatory complexity and the expansion of virtual care. The timing is crucial as healthcare organizations face increasing pressure to reduce costs, accelerate provider onboarding, and maintain compliance with standards like NCQA and HIPAA. By leveraging APIs and real-time data integration, Verifiable helps healthcare providers and payers scale their networks efficiently, supporting the broader trend toward virtual care and value-based healthcare models. Its technology reduces administrative burdens and operational costs, enabling faster access to care and improved patient outcomes. The company’s partnerships with major health plans and behavioral health providers underscore its influence in shaping modern healthcare operations[1][3][4][5].
Looking ahead, Verifiable is well-positioned to expand its footprint in enterprise healthcare markets by deepening integrations with major healthcare IT platforms and broadening its compliance and network management capabilities. Trends such as the rise of telehealth, increasing regulatory scrutiny, and the demand for real-time data accuracy will continue to drive adoption of automated credentialing solutions. Verifiable’s emphasis on API-first design and scalable automation will likely enable it to maintain competitive advantage and influence industry standards. As healthcare ecosystems become more interconnected, Verifiable’s role as a trusted source of verified provider data will be critical in enabling seamless, compliant care delivery at scale[1][3][6].
Verifiable was founded in 2019 by Nick Macario (Founder) and Viv Rajkumar (Founder).
Verifiable has raised $47.0M in total across 3 funding rounds.
Verifiable's investors include Abstract Ventures, Alt Capital, AngelPad, Craft Ventures, FPV Fund, Harrison Metal, Matrix, Merus Capital, Openview Venture Partners, SciFi VC, Y Combinator, Aaron Levie.
Verifiable has raised $47.0M across 3 funding rounds. Most recently, it raised $27.0M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2023 | $27.0M Series B | Abstract Ventures, Alt Capital, AngelPad, Craft Ventures, FPV Fund, Harrison Metal, Matrix, Merus Capital, Openview Venture Partners, SciFi VC, Y Combinator, Aaron Levie, Cristina Cordova, Frederic Kerrest, Immad Akhund, Jared Leto, Jeremy Stoppelman, Jon Brelig, Kyle Vogt, Melissa Tan, Mike Hennessey, Saran Chari, Zack Kanter | |
| Aug 1, 2021 | $17.0M Series A | 20VC, Abstract Ventures, Kevin Hartz, Acequia Capital, AirAngels, Alt Capital, Alumni Ventures, Andreessen Horowitz, AngelPad, Archetype, Audacity, Awesome People Ventures, Banana Capital, Battery Ventures, Bling Capital, Buckley Ventures, Chapter One Ventures, CoinFund, Craft Ventures, Divergence Ventures, Earl Grey Capital, Electric Ant, Electric Capital, Ethereal Ventures, Founders Fund, FPV Fund, Future Perfect Ventures, Goat Capital, Greylock, Hack VC, Harrison Metal, Hashed, Hatteras Venture Partners, Hyper, Infinity Ventures Crypto, Insight Partners, Jude Gomila Rolling Fund, Kearny Jackson, Kleiner Perkins, LGF, Lightspeed Venture Partners, M34 Capital, Makers Fund, Matrix, Menlo Ventures, Meritech Capital Partners, Merus Capital, Mischief Venture Capital, Nascent, Not Boring Capital, Offline Ventures, Openview Venture Partners, Outrun Ventures, Pareto Holdings, Pioneer Fund, Plaid, Playfair Capital, Point Nine Capital, Rebel Fund, Redpoint Ventures, Robot Ventures, Rubicon VC, Saga, SciFi VC, Seed Club Ventures, Sequoia Capital, Seven Seven Six, SID Venture Partners, Solana Ventures, Sound Ventures, Stripe, The Hit Forge, Todd and Rahul's Angel Fund, Version One Ventures, Weekend Fund, WndrCo LLC, WPP Ventures, Y Combinator, YLEM, Aaron Levie, Adam Gross, Adam Jackson, Akshay Kothari, Alex Pack, Aliaksandr Hudzilin, Alice Lloyd George, Anastasia Andrianova, Andrew Steinwold, Balaji Srinivasan, Biz Stone, Bo Shao, Brad Holden, Cristina Cordova, Dan Wright, David Nage, David Petersen, Do Kwon, Dylan Field, Eric Ries, Eric Wu, Frank Westermann, Frederic Kerrest, Gokul Rajaram, Gordon Wintrob, Immad Akhund, Imran Khan, James Beshara, Jared Leto, Jeff Morris, Jeremy Cai, Jeremy Stoppelman, Jess Sloss, John Abele, Jon Brelig, Jon Runyan, Kevin Lin, Kyle Vogt, Luis Cuende, Mathilde Collin, Max Mullen, Melissa Tan, Mike Hennessey, Nathaniel Whittemore, Nick Caldwell, Nicolas Pinto, Oleg Rogynskyy, Paul Rios, Ravi Mehta, Regan Bozman, Rene Reinsberg, Ryan Carlson, Ryan Chan, Sam Altman, Sam Palmisano, Saran Chari, Scott Belsky, Scott Heiferman, Sina Habibi, Siqi Chen, Stani Kulechov, Steve Weinstein, Tegan Kline, Tony Xu, Trevor McFedries, Tyler Scott Ward, Vivek Garipalli, Yancey Strickler, Zack Kanter | |
| Oct 1, 2020 | $3.0M Seed | Abstract Ventures, Acequia Capital, Alt Capital, Andreessen Horowitz, AngelPad, CapitalX, Craft Ventures, Earl Grey Capital, Founders Fund, General Catalyst, Greylock, Insight Partners, Matrix, Merus Capital, Openview Venture Partners, Pioneer Fund, Prototype Capital, Redpoint Ventures, Sequoia Capital, Vibe Capital, Weekend Fund, Adam Gross, Akshay Kothari, Cristina Cordova, Dylan Field, Gokul Rajaram, Immad Akhund, Jon Brelig, Melissa Tan, Mike Hennessey, Parker Conrad, Ryan Chan, Saran Chari, Zack Kanter |
