Veryfi, Inc.

Veryfi, Inc., formerly known as IQB Labs and IQBoxy, is a B2B company based in San Mateo, CA, USA. With a team of 60, Veryfi operates in the finance and accounting sub-industry, providing AI-powered solutions for automating expense management, AP/Bill Pay, bookkeeping, and market research. The company is part of the Y-Combinator W17 batch and serves regions including the United States, America/Canada, and remote locations. Trusted by leading organizations such as Navan, Rippling, Merkle, Square, Volvo, Abbott, and PepsiCo, Veryfi offers a fully integrated suite of data transformation products designed for secure capture, extraction, and transformation of financial documents like receipts, invoices, W-2s, checks, and credit cards into structured data. Their product offerings include an OCR Data Extraction API, Mobile Capture Framework, and an Expense Management App, all of which comply with global bank-grade security standards such as SOC 2 Type 2, GDPR, HIPAA, CCPA, and ITAR. Veryfi also provides free SDKs for multiple programming languages, including C Sharp, Dart, Go, Java, Kotlin, Node.JS, PHP, Python, Ruby, Rust, JavaScript, and Swift. The company’s solutions cater to various industries, including Fintech, CPG Loyalty, Insurance Claims, and AP Automation, and feature capabilities like processing invoices, bills, and POs in seconds, automating expense receipt data entry, and understanding consumer spend in FMCG/CPG through receipt data. Additionally, Veryfi offers a product matching API, a fraud detection API, and a mobile document capture framework named ‘Lens’ for mobile and browser platforms. They provide a free 14-day trial with no credit card required for sign-up.