Veryfi

Veryfi is an AI-powered Intelligent Document Processing (IDP) company based in San Mateo, California.

Founded in 2017, it specializes in transforming unstructured documents such as receipts, invoices, and checks into structured business data quickly and efficiently. The company aims to automate manual data extraction from financial documents, enhancing productivity for its clients. Veryfi offers a range of services, including the Veryfi OCR API for scanning and extracting data from various document types, and the Veryfi Lens mobile SDK for real-time expense tracking. Its technology utilizes advanced AI and Optical Character Recognition (OCR) to ensure accurate data parsing. The company serves mid-market to enterprise clients across sectors like FinTech, healthcare, construction, and accounting, providing solutions that integrate seamlessly with existing financial systems. With a strong focus on security and compliance, Veryfi adheres to standards such as SOC2 Type II and HIPAA, ensuring the safe handling of sensitive data. The company is committed to delivering real-time accuracy and fraud protection, making it a valuable partner for businesses looking to streamline their financial processes.