Verify, an Amsterdam, Netherlands-based artificial intelligence startup, has raised €1 million in funding.
Investors
The investment was from serial entrepreneurs Niels Bouwman and Chris Hall, who made an angel investment. Google has also invested in Verify and included the company in its Google for Startups Cloud Program.
Verify Use of Funds
The company will use the funds to hire skilled AI developers and data scientists. Verify plans to focus on directly expanding in Europe and the United States through its channel partner network, which includes Bynder and Lytho.
About Verify
Founded in 2022, Verify is an AI-driven SaaS company that aims to build a digital world you can trust. The company is committed to leading the charge in the Digital Asset Management (DAM) revolution by providing its innovative new fingerprint technology to DAM platforms, enabling them to manage files not just internally but externally. Verify have developed its own AI algorithm that embeds an invisible fingerprint in images and videos. Its initial clients include Vinci Energies, Erasmus University, and the Dutch national union FNV.
Funding Details
Company: Verify
Raised: €1M
Round: Unknown
Funding Month: April 2024
Investors: Niels Bouwman, Chris Hall, Google
Company Website: https://www.joinverify.com/
Software Category: Fingerprint Solution
Source: https://www.eu-startups.com/2024/04/amsterdam-based-verify-snaps-e1-million-to-expand-its-invisible-fingerprint-solution/