Veridion
Founded 2019 · 60 employees on LinkedIn · 5 known investors
Veridion builds a continuously updated data graph of global companies, tracking what businesses exist, what they do, and how they change over time. It provides company intelligence with traceable, sourced signals designed to integrate into customers' data stacks.
Also known as Soleadify
Founders & leadership
Veridion was founded in 2019 by Mihai Vinaga and Florin Tufan.
Investors · 5
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$6M disclosed across 1 of 3 rounds · 2020–2023
- $6MraisedFeb 2023 · 5 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Veridion is a Bucharest-based company data provider that builds and maintains a continuously refreshed graph of businesses worldwide. Rather than distributing periodic snapshots, it models each company as a living record: legal registrations, operating locations and corporate hierarchy are linked into a single connected entity, and change signals such as hiring, product launches and certifications are surfaced as they are detected. Every attribute is presented with a traceable path back to its underlying source and reasoning.
The company's pipeline runs in four stages. Stateless crawlers acquire pages from the open and deep web at a stated rate of roughly 1.4 billion pages per month, supplemented by registry ingestion, public data assets and long-tail fallback sources. Unchanged content is filtered against cache; new or changed pages are passed to a language model that converts them into structured company records with name, address and a concise summary. Extracted records are matched against existing entities, with ambiguous cases resolved by a dedicated resolution model before being written to the graph, and records that change materially are fully re-derived. Public figures cited on its site include 693 million companies tracked across 250 countries and territories, 1.3 billion products and services, 173 million physical addresses, 120+ firmographic attributes per entity, and a match rate above 96%.
Veridion positions its data for insurance and risk underwriting, supply chain and supplier discovery, revenue operations, ESG and compliance monitoring, and market intelligence. Historically its extraction covered company names, primary and secondary locations, business activities, contact details, technologies used, revenue and employee estimates, product and service offerings, sustainability information, and industry classifications including NAICS, NACE and SIC.
Founding story
Veridion was founded in 2019. One source names the founders as Florin Tufan, Mihai Vinaga and Sorina Vlasceanu; Florin Tufan serves as CEO and Mihai Vinaga as chief technology officer. The business initially traded as Soleadify, whose first product was an AI-updated business search engine used for sales and marketing.
Business model
Veridion sells data as a service to businesses, delivering company intelligence through APIs — a Complex Search API for discovering businesses by activity, capability, product or service, and a Matching & Enrichment API for appending, deduplicating and refreshing customers' existing company records. Alongside enterprise engagements, the company has released self-service APIs intended to shorten integration time for smaller data-centric software buyers. Caplight classifies the company as B2B with data-as-a-service and usage-based SaaS customer profiles.
Revenue comes from commercial access to its company data through enrichment, matching and search APIs, characterised externally as data-as-a-service with usage-based SaaS pricing. The company reported more than a 3x increase in recurring revenue in 2022 with no client churn.
Traction
Reported metrics include 693 million companies indexed across 250 countries, 1.3 billion products and services, 173 million physical addresses, 400+ sources monitored, and entity growth of 1,284x since 2020. Earlier documentation cited more than 80 million operating entities across 240+ countries updated weekly. At the time of its 2023 raise the company reported over 60 data points on more than 80 million businesses, over 3x recurring revenue growth in 2022 and zero client churn. Caplight lists an employee count of 56 and total funding raised of $7.5 million.
Latest developments
Veridion's site reports 693 million companies tracked across 250 countries with continuous full-graph refresh, roughly 1.4 billion pages crawled per month and approximately 100 million model predictions per day, and describes 2025 as the year it added behavioral signals and 2026 as an intelligence-infrastructure phase. It publishes developer documentation and a match API (POST /match/v6/companies) returning structured firmographics including registered name, address, NAICS classification, company type, business model, employee count, revenue, operational footprint, year founded and match confidence.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Veridion competes in the firmographic or business information data market, which its 2023 announcement described as valued at $211 billion in 2022 and projected to reach $291 billion by 2027. It named Dun & Bradstreet as the largest incumbent and Delphai, Planck Data and Grata — which it said had collectively raised over $110 million — as newer competitors covering 10–20 million company records, against its own claim of over 70 million records within its first two years. Caplight lists Datasharp Group, Coresignal and Crustdata as comparable companies.
Veridion frames its differentiation around deploying AI for data acquisition at scale rather than licensing government registry data or relying on simple web scraping, which it says yields deeper coverage of long-tail, private and SMB companies invisible to traditional bureau sources, along with product-level and retail-location detail and industry-specific attributes such as underwriting and supplier risk signals. It also emphasises continuous refresh instead of quarterly cycles, source-and-reasoning traceability for every data point, and API-level control over confidence scores. In its own 2023 comparison, it contrasted its global, multi-taxonomy coverage against Delphai (private-market M&A and sourcing), Planck Data (US-only commercial underwriting), Grata (deal sourcing) and Dun & Bradstreet.
Technology
The system combines its own crawl fleet with registry ingestion and public data assets, deduplicates unchanged content against a cache, and uses language models to convert pages into structured company records. A candidate-matching step attaches clear matches to existing entities while a resolution model adjudicates ambiguous cases before writing to the company graph; change detection triggers full re-derivation of records from all sources. Machine learning models identify first-party business content and extract attributes such as locations, business activities, contact details, technologies, revenue, headcount, offerings, sustainability data and NAICS/SIC classifications, with source validation applied to prioritise credible sources.
Go-to-market
Veridion sells to enterprise data, risk, procurement and intelligence teams via APIs and custom data solutions, having validated its data with large clients in commercial insurance underwriting, supplier discovery and private market analysis before broadening to self-service API access aimed at data-centric SaaS companies and earlier-stage buyers. It also runs content and community activity, including careers, initiatives for builders, researchers and educators, and sponsorship of hackathons and meetups.
Enterprise data, risk, procurement and intelligence teams. Named or described customer types include tier-1 consultancies with procurement and insurance practices, one of the largest global insurtech platforms, procurement platforms, market intelligence firms, commercial insurance underwriters, supply chain and sourcing teams, revenue operations, and ESG and compliance functions.
Geography
The company is headquartered in Bucharest, Romania, and announced plans to open a New York office in 2023 to serve US clients. Its data coverage is global, stated at 250 countries and territories (earlier documentation cited 240+).
History
The company was founded in 2019 and originally operated as Soleadify, whose first product was a business search engine used for sales and marketing by hundreds of companies. Its own timeline places a platform launch in 2020 with roughly 500,000 entities indexed, web crawling at scale in 2021, registry partnerships in 2022, a second-generation entity resolution system in 2023 (about 80 million entities), a global source network in 2024, behavioral signals in 2025, and 693 million entities by 2026. It raised $1.5 million in seed funding from European venture firms in 2020, rebranded to Veridion in February 2023 alongside a $6 million round, and said it would open a New York office that year.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsVeridion announced a $6 million round with participation from LAUNCHub Ventures, OTB Ventures, Underline Ventures and existing investors Day One Capital and GapMinder Venture Partners, to fund its AI models and scale firmographic data APIs.
$6M source ↗
The company announced it had changed its name from Soleadify to Veridion, stated as reflecting its positioning as a single source of truth for company data.
After validating data with enterprise clients in commercial insurance underwriting, supplier discovery and private market analysis, the company said it was releasing self-service APIs for faster data integration.
Veridion stated plans to build its US footprint by opening a New York office in 2023 to support its client base in the region.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Veridionveridion.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Veridion do?
- Bucharest-based Veridion runs an AI pipeline that maintains a continuously refreshed global graph of company data delivered via APIs.
- Who founded Veridion?
- Veridion was founded by Mihai Vinaga, Florin Tufan in 2019.
- Who are Veridion's investors?
- Veridion's investors include Day One Capital, OTB Ventures, Underline Ventures, LAUNCHub Ventures.
- How much funding has Veridion raised?
- Veridion has disclosed $6M raised across 1 of its 3 known rounds.




