Veridas

Veridas is an AI and machine learning company based in Spain. Established in 2017, the company's slogan "Just be you!" embodies their mission to simplify access for legitimate users while enhancing security measures against digital attacks and physical breaches. Veridas' biometric algorithm, validated by NIST testing, has secured a top-three placement among hundreds of competitors across various tests, showcasing its elite status in the industry. One of Veridas' key features is its ability to positively identify individuals remotely or in person, a highly sought-after solution in today's security landscape. Moreover, the company distinguishes itself by addressing the critical issue of privacy, safeguarding customers from potential reputational harm and substantial fines associated with data privacy law breaches. Their success in the European market, where numerous banks, retailers, government agencies, and other organizations rely on their identity technology, underscores the reliability and effectiveness of their solutions. With 250 customers across 25 countries, Veridas has established a strong foundation, but their ambitions extend further. Their recent €15.00M Series A investment on 17 April 2023 propels them into a global expansion phase, aiming to make their proven technology accessible to a wider audience. As the demand for seamless and secure identity technology continues to rise, Veridas' growth prospects appear promising, positioning them as a notable player in the evolving landscape of security and identity solutions.