Fundraising Fox

Verificient Technologies

Techstars '13

New York City, US Β· Founded 2012 Β· 197 employees on LinkedIn Β· 2 known investors

Verificient provides identity verification and biometric authentication services for remote work, e-learning, and institutional compliance. The company serves academic, government, and private sector organizations globally with AI and machine learning-powered identity solutions.

Also known as Proctortrack Β· Verificient Solutions Private Limited Β· Verificient Technologies Canada, Inc. Β· Verificient Technologies, Inc.

Founders & leadership

Verificient Technologies was founded in 2012 by Rajnish Kumar and Rahul Siddharth.

RKRajnish Kumar
Rajnish KumarCo-founder, CEO
RSRahul Siddharth
Rahul SiddharthCo-founder, COO

Investors Β· 2

Valuation Β· disclosed

Disclosed events
$13.5Mvaluation at SeedNov 2013
filing β†—

Source: SEC prospectus filings, and round valuations the company or its investors disclosed β€” follow each entry's link for the claim.

Company profile

researched Aug 2026

Verificient Technologies, Inc. is a New York City-headquartered company describing itself as a Trusted Identity-as-a-Service (TIaaS) provider. Its patented solutions combine artificial intelligence, machine learning, computer vision and biometrics to perform continuous identity verification, authentication and remote monitoring. The company serves academic, government and private sector institutions, with stated market focus on higher education, HR and recruitment, and remote labor-force management.

The product portfolio centers on Proctortrack, an identity verification and automated digital remote proctoring solution for high-stakes online assessments in higher education that combines automated AI-based proctoring with live proctoring. Veripass provides standalone or paired identity verification, authenticating data collected during exams against a baseline biometric profile built from face, ID and knuckle scans. ProctorTA is an in-classroom browser lock that temporarily converts student laptops into restricted testing terminals on campus, and ProctorDIY is a do-it-yourself live proctoring platform aimed at K-12 that performs automated ID verification and browser lockdown through a Chrome plugin. A DMV-focused offering, MVProctor, is marketed to motor vehicle administrators. Solutions are built for custom integrations with configurable settings and are supported 24/7 via live chat, phone and email.

Company materials cite over 10 million identity verification and monitoring sessions delivered on the corporate site and over 15 million across industries on the Proctortrack site. Referenced customers and users include eCornell, Rutgers University, Broward College Online, Cedar Crest College, St. George's University and Georgia Tech.

Founding story

The company was created as an education technology start-up that engaged branding agency Alignkraft at a very early stage with a vision, product and team but no name; Alignkraft developed the Verificient Technologies name, logo, corporate identity and website, and consulted on the UI/UX and application design of the flagship Proctortrack product. Co-founder and CEO Rajnish Kumar, who holds a Ph.D. in computer science from Georgia Tech and previously served as CTO at Weyond and Teachtalks.tv, is a collaborating inventor of the identity verification and authentication technology and leads research, development and product design. Co-founder and COO Rahul Siddharth is responsible for overall operations, branding and strategy and supports business development.

Business model

Verificient sells software-based identity verification, proctoring and remote monitoring services to institutions and enterprises, delivered as an identity-as-a-service platform with custom integrations, configurable settings and 24/7 support. Products span automated, live and blended proctoring as well as standalone identity verification (Veripass), in-classroom browser lockdown (ProctorTA) and a self-service K-12 platform (ProctorDIY).

Sales are made to institutional and corporate customers through demo requests and direct sales engagement; the company positions its proctoring offering on price leadership at scale across automated, manual and blended proctoring environments. Third-party data estimates annual revenue in the $10M–$25M range as of July 2026.

Traction

The company reports more than 10 million identity verification and monitoring sessions on its corporate site and more than 15 million across industries on the Proctortrack site. Named customers and testimonial sources include eCornell, Rutgers University, Cedar Crest College (five years of use), Broward College Online, St. George's University and Georgia Tech. A third-party profile lists approximately 196 employees across Asia, North America and Europe and estimated revenue of $10M–$25M as of July 2026.

Latest developments

The company appointed Jamee Robinson as Chief Financial Officer in September 2023. In April 2024, MVProctor by Proctortrack (Verificient) announced a platinum sponsorship of an American Association of Motor Vehicle Administrators regional conference, positioning the product for DMV proctoring worldwide. A third-party profile estimates roughly 196 employees and $10M–$25M in annual revenue as of July 2026.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Verificient competes in the remote proctoring and exam-integrity software market alongside ProctorFree, Examity, Mettl, Scantron, Respondus, Proctorio, Questionmark and Honorlock. A branding agency case study describes the remote proctoring space as a nascent subindustry at the time of the company's launch, with Verificient positioned as a feature and technology leader among a small set of early competitors.

The company emphasizes patented continuous identity verification combining multi-factor biometrics (face, ID and knuckle scans) with ongoing facial recognition, a single platform covering automated, manual and blended proctoring environments, seamless integration with major LMSs and browsers, configurable and custom-integrated deployments, and 24/7 support. It also claims first-to-market positions for ProctorTA as an in-classroom browser lock and ProctorDIY as a do-it-yourself live proctoring platform for K-12.

Technology

The platform applies computer vision for automated policy-compliance monitoring at scale, machine learning to refine detection algorithms in real time, and multi-factor biometric authentication at entry with continuous facial recognition throughout a session. Baseline test-taker profiles are built from face, ID and knuckle biometric scans with secure data storage. Reported technology components include MySQL, Apache Cassandra, AngularJS, OpenCV, Linux, Bootstrap, WooCommerce and Gravatar.

Go-to-market

The company markets directly via its website and demo requests, integrates with major learning management systems and browsers, and has pursued channel and technology partnerships, including with the Canvas LMS, Edsby for K-12 in Canada, CyberSecOp for data security and privacy awareness, and the International Institute of Innovations in Ukraine. It also exhibits at and sponsors industry events such as the World Education Summit and AAMVA regional conferences.

Institutions of higher education, K-12 schools, government bodies including motor vehicle administrators, test delivery platforms, and private-sector employers using pre-employment assessments and remote workforce management.

Geography

Headquarters in New York City (1250 Broadway, 36th Floor, New York, NY 10001), with the Proctortrack site also listing a Princeton, New Jersey address; a Canadian entity, Verificient Technologies Canada, Inc., in Hamilton, Ontario; and Verificient Solutions Private Limited in Viman Nagar, Pune, India. Customers and partners span higher education in the United States, Canada, India and Ukraine, and a third-party profile lists employees across Asia, North America and Europe.

History

After launching the Verificient brand and Proctortrack product, the company secured a place in the Kaplan TechStars EdTech incubator and raised a $1.9 million initial seed round, alongside a partnership with the Canvas learning management system and early clients including St. George's University, Rutgers and Georgia Tech. A new version of Proctortrack was released in June 2019, and the company exhibited at the World Education Summit in Delhi that August. In October 2020 Verificient detected a security breach and shut down Proctortrack systems; in November 2020 it partnered with CyberSecOp on data security and privacy awareness, and in February 2021 a lawsuit was filed in Cook County alleging violations of the Illinois Biometric Information Privacy Act. Partnerships followed with Edsby for K-12 in Canada (April 2021) and the International Institute of Innovations for high-stakes exams in Ukraine. Jamee Robinson was named Chief Financial Officer in September 2023, and in April 2024 the MVProctor offering was a platinum sponsor of an AAMVA regional conference.

Risks & controversies

Verificient detected a security breach in October 2020 and shut down Proctortrack systems; subsequent reporting referenced emails containing racial slurs and false statements linked to the breach. In February 2021, attorneys with Wolf Haldenstein Adler Freeman & Herz filed suit in Cook County Circuit Court accusing the company of violating the Illinois Biometric Information Privacy Act. Biometric data handling and privacy compliance are recurring themes across the company's own messaging and third-party coverage.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJul 2026196 employees
Estimated annual revenueJul 2026$10M - $25M
HeadcountAug 2026197
Identity verification and monitoring sessions deliveredJan 202610,000,000 sessions
Identity verification and monitoring sessions delivered (across industries)Jan 202615,000,000 sessions
Total funding raisedJul 2026$1.9M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Competitors Β· 2

by search overlap

Companies competing with Verificient Technologies for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 12

launches, deals, and filings
Apr 2024
Platinum sponsorship of 2024 AAMVA conference

MVProctor by Proctortrack (Verificient), an online proctoring provider for DMVs, announced platinum sponsorship of the 2024 American Association of Motor Vehicle Administrators regional conference.

source β†—

Sep 2023
Jamee Robinson named Chief Financial Officer

Verificient Technologies hired Jamee Robinson as Chief Financial Officer.

source β†—

Apr 2021
Proctortrack and Edsby partner for K-12 online test integrity in Canada

Proctortrack announced a partnership with Edsby, a K-12 learning management system, to deliver online exam integrity across Canada.

source β†—

Feb 2021
Illinois Biometric Information Privacy Act lawsuit filed

Attorneys with Wolf Haldenstein Adler Freeman & Herz filed suit in Cook County Circuit Court accusing Verificient of violating the Illinois Biometric Information Protection Act (BIPA).

source β†—

Jan 2021
Partnership with International Institute of Innovations to bring proctored exams to Ukraine

Verificient Technologies partnered with the International Institute of Innovations and YaVkursi on a project intended to initiate development of a national standard for conducting trusted high-stakes exams in Ukraine.

source β†—

Nov 2020
Partnership with CyberSecOp on data security and privacy awareness

Proctortrack by Verificient partnered with CyberSecOp, a Stamford, CT and New York City based cybersecurity consulting firm, to build and deliver a data security and privacy awareness program focused on online proctoring.

source β†—

Oct 2020
Security breach detected; Proctortrack systems shut down

Verificient announced it had detected a security breach and shut down Proctortrack systems.

source β†—

Aug 2019
RemoteDesk exhibits at ILTACON 2019

RemoteDesk exhibited at ILTACON 2019, held from August 18 at the WDW Swan and Dolphin Resort in Orlando, Florida.

source β†—

Aug 2019
Proctortrack exhibits at 14th World Education Summit in Delhi

Proctortrack by Verificient exhibited its remote proctoring and identity verification software at the 14th World Education Summit on August 9-10, 2019 in Delhi, India.

source β†—

Jun 2019
New version of Proctortrack released

Verificient rolled out a new version of its Proctortrack remote proctoring product.

source β†—

Jan 2019
Strategic partnership with Canvas learning management system

Verificient established a partnership with the Canvas learning management system and added clients including St. George's University, Rutgers and Georgia Tech.

source β†—

Nov 2013
Raised $1.9M initial seed round

Verificient raised $1.9 million in an initial seed round, with a reported valuation of $13.5 million. The company also earned a place in the Kaplan TechStars EdTech incubator.

$1.9M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Verificient Technologies do?
Verificient Technologies provides biometric identity verification and remote proctoring software, including Proctortrack, for exams and remote work.
Who founded Verificient Technologies?
Verificient Technologies was founded by Rajnish Kumar, Rahul Siddharth in 2012.
Who are Verificient Technologies's investors?
Verificient Technologies's investors include Expansion Venture Capital, Techstars.
Where is Verificient Technologies headquartered?
Verificient Technologies is headquartered in New York City, US.