VeriSmart

company

About

Identity blockchain and AI based startup, Working on building. Global Trust engine for businesses making KYC process autonomous.

Details

Last Funding Type
Seed
Last Funding Money Raised
$140K
Industries
Artificial Intelligence,Blockchain,Financial Services,FinTech,Information Technology,Software
Founded date
Mar 1, 2015
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Metawing Technologies inc

We are an Identity blockchain platform creating global trust platform for instant Identity sharing by automating the KYC (Know your customer ) and compliance process for institutions like banks, Tel-com, Money exchanges, Insurance. We create an end to end en-ability so the user need not do the repetitive KYC process again and again across multiple platforms. It becomes google signup for Verified identity, which can be plug and play easily with any digital platform. At the same time, the institutions need not repeat the back end regulatory compliances because of three-way handshake mechanism (IP).


We have got significant traction in India, UAE and US market and progressing on creating syndicate with banks, tel-coms and other digital platforms, Where we have been the part of 10+ bank syndicate in India, Building syndicate of 15+ banks in UAE, amongst which we have already added 5 banks for same, In conversation with Fidelity, Charles Schwab and Citi Bank to lead the syndicate for US.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
8
$705K
VeriSmart has raised a total of $705K in funding over 2 rounds. Their latest funding was raised on Feb 22, 2020 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 22, 2020 Seed 1 MOX Detail
Nov 1, 2018 Non-Equity Assistant 1 Detail
Jun 1, 2018 Seed $40K 1 Detail
May 1, 2018 Seed $200K 2 Detail
Oct 1, 2017 Seed $75K 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
7
VeriSmart is funded by 7 investors. MOX and DIFC FinTech Hive are the most recent investors.
Investor Name Lead Investor Funding Round
MOX Yes Seed
DIFC FinTech Hive Non-Equity Assistant
3S Landing Pad Seed
StartersHub Seed
Startupbootcamp Smart City Dubai Seed
Piyush Gupta Pre-seed
Saurabh Gupta Pre-seed

Employee Profiles

Number of Employee Profiles
3
VeriSmart has 3 current employee profiles, including Executive Piyush Gupta
Executive
Executive
Advisor

Acquisition

VeriSmart has acquired 1 organizations. Their most recent acquisition was DolphinChat on Sep 27, 2022. They acquired DolphinChat for 0.

Date Company Name
Industry Acquisition Type Price
Sep 27, 2022 DolphinChat
Artificial Intelligence acquisition Detail