Canada · Funded startup

Who invested in Verafin

3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity

Funding summaryUpdated 26 Oct 2026

$454Mraised across 3 rounds since 2009, from 3 sources

$5.5MVenture$60MGrowth$389MDebt
Latest round
Debt, $389MSept 2019
Led by
Spectrum Equity and Information Venture Partners
Step-upi
6.5×
Investors
7 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20112013201520172019
$5.5MVenture$60MGrowth$389MDebt
First round
Venture, $5.5M
Sept 2009
Biggest round
$389M
Debt · Sept 2019
Usual gap between rounds
5.3 years
the median of 2

The rounds

  1. Sept 2019
  2. May 2014
    Growth$60M1 new

    From a historical funding record

  3. Sept 2009
    Venture$5.5M

    No investor was named in the report.

    Reported by finsmes.com

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Spectrum EquityPrivate equity2rounds, led 1
Information Venture PartnersVC firm1round, led 1
BDC CapitalPrivate credit1round
Northleaf Capital PartnersPrivate equity1round
Scotia CapitalInvestment bank1round
Teralys CapitalVC firm1round
Wells Fargo Capital FinanceInvestment firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Verafin as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Killick CapitalPrivate equityPer its own site
GenesisAcceleratorPer its own site

Quick answers about Verafin

Who invested in Verafin?

Verafin's investors include Spectrum Equity, Information Venture Partners, BDC Capital, Northleaf Capital Partners and Scotia Capital, and 2 more on record. Spectrum Equity led its latest round.

How much has Verafin raised?

Verafin has raised $454M across 3 rounds since 2009.

When did Verafin last raise?

Verafin's most recent round was a Debt of $389M in Sept 2019, led by Spectrum Equity.

What was Verafin's biggest round?

Its most recent round, $389M in Sept 2019, is also its largest on record.

Who backed Verafin first?

Verafin's first round on record, in May 2014, was backed by Spectrum Equity.

What stage is Verafin at?

Verafin's latest named round is a Debt, in Sept 2019.

Where is Verafin based?

Verafin is based in Canada.

Who led Verafin's rounds?

Spectrum Equity led the Debt in 2019.

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