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VerifyMe

NASDAQ: VRME

Rochester, US · Nevada corporation · 3 known investors

Find your way into VerifyMe

VerifyMe is a Nigerian company that provides identity verification and background checks, founded after its founder's family was harmed by an employee using a false identity. It helps individuals and organizations confirm the identities and employment histories of people they engage.

CybersecurityFintechSaaS

Founders & leadership

NA
Norman A GardnerCo-founder
OOOlutunji Oluwole
Olutunji Oluwole
TV
Thatham VasanExecutive
PWPatrick White
Patrick WhiteExecutive
ASAdam Stedham
Adam StedhamChief Executive Officer and President
JCJennifer Cola
Jennifer ColaChief Financial Officer
JW
Jack WangChief Information Officer and Senior Vice President of Technology

Board

MG
Marshall GellerBoard director
CR
Claudio R BallardBoard director
HG
Howard GoldbergBoard director
PK
Paul KlapperBoard director
LG
Lawrence G SchafranBoard director

Investors · 3

Consonance Investment ManagersEbene
V8 Capital PartnersLagos

Also in the syndicate · 1

Consonance

Reported raises · per SEC filings

Form D private placements

$13.6M disclosed across 7 of 8 rounds · 2016–2025

▶$1.1MraisedSep 2023 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nancy MeyersExecutive Officer
  • Scott GreenbergExecutive Officer, Director
  • David EdmondsDirector
  • Adam StedhamExecutive Officer, Director
  • Curt KoleExecutive Officer
  • Fred Volk IIIExecutive Officer
  • Paul RyanExecutive Officer
  • Marshall GellerDirector
  • Jack WangExecutive Officer
  • Arthur LafferDirector
  • Howard GoldbergDirector
Offering amount
$1.5M
Amount sold
$1.1M
First sale
Aug 2023
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedApr 2022 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Nancy MeyersExecutive Officer
  • Christopher GardnerDirector
  • Howard GoldbergDirector
  • Sandy FlidermanExecutive Officer
  • Patrick WhiteExecutive Officer, Director
  • Marshall GellerDirector
  • Margaret GezerlisExecutive Officer
  • Arthur LafferDirector
  • Adam H. StedhamDirector
  • Scott GreenbergExecutive Officer, Director
  • Keith GoldsteinExecutive Officer
Offering amount
$5M
Amount sold
$5M
Sales commissions
$340K
Placement agents
Maxim Group LLC
First sale
Apr 2022
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedMar 2020 · 25 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Marshall GellerDirector
  • Howard GoldbergDirector
  • Scott GreenbergDirector
  • Arthur LafferDirector
  • Margaret GezerlisExecutive Officer
  • Sandy FlidermanExecutive Officer
  • Keith GoldsteinExecutive Officer
  • Patrick WhiteExecutive Officer, Director
  • Norman GardnerDirector
  • Chris GardnerDirector
Offering amount
$2M
Amount sold
$2M
Sales commissions
$178K
Proceeds to insiders
$380K
Placement agents
Carter, Terry & Company, Inc., Emerging Growth Equities, Ltd.
First sale
Feb 2020
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$600KraisedOct 2019 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Arthur LafferDirector
  • Keith GoldsteinExecutive Officer
  • Margaret GezerlisExecutive Officer
  • Sandy FlidermanExecutive Officer
  • Howard GoldbergDirector
  • Norman GardnerDirector
  • Chris GardnerDirector
  • Marshall GellerDirector
  • Patrick WhiteExecutive Officer, Director
Offering amount
$1.2M
Amount sold
$600K
Minimum investment
$270K
Sales commissions
$86.4K
Placement agents
Maxim Group LLC
First sale
Sep 2019
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.8MraisedApr 2018 · 18 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • James CardwellExecutive Officer
  • Norman GardnerDirector
  • Laurence J BlickmanDirector
  • Harvey EisenDirector
  • Patrick WhiteExecutive Officer, Director
  • Marshall GellerDirector
  • Carl BergDirector
  • Lawrence SchafranDirector
  • Howard GoldbergDirector
Amount sold
$1.8M
Proceeds to insiders
$1.8M
First sale
Feb 2018
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.1MraisedJan 2018 · 33 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Norman A GardnerDirector
  • Claudio R BallardDirector
  • Howard GoldbergDirector
  • Marshall GellerDirector
  • Thatham VasanExecutive Officer
  • Paul KlapperDirector
  • Patrick WhiteExecutive Officer, Director
  • Lawrence G SchafranDirector
  • Laurence J BlickmanDirector
Offering amount
$2.6M
Amount sold
$2.1M
Proceeds to insiders
$200K
First sale
Jul 2017
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedFeb 2016 · 16 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lawrence SchafranDirector
  • Claudio BallardDirector
  • Ben BurrellExecutive Officer
  • Jonathan WeinbergerDirector
  • Paul DonfriedExecutive Officer, Director
Offering amount
$3M
Amount sold
$1M
First sale
Feb 2016
Incorporated
Corporation, Nevada
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$10.4Mvaluation at IPOJun 2020 · $4.59/share · 424B4
filing ↗

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

Competitors · 1

by search overlap
CLEAR6 shared keywordsAn identity company that enables frictionless experiences for users across various contexts and touchpoints.

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

In the news

VerifyMe Raises $4.7M Through Warrant Exercise Agreement, Issues New Warrants at Higher Price | VRME Stock Newsstocktitan.net · Jan 2025VerifyMe Raises Series A Investment Led by Consonance Investment Managers - Tech In Africatechinafrica.com · Jan 2020Nigeria's VerifyMe Raises Series A Funding From Consonance To Boost Its KYC Productweetracker.com · Jan 2020Nigerian KYC startup VerifyMe raises Series A funding round - Disrupt Africadisruptafrica.com · Jan 2020Buy VerifyMe, Inc. Stock – VRME Stock Quote Today & Investment Insights - Public.compublic.com

Frequently asked questions

What does VerifyMe do?
VerifyMe is a Nigerian company that provides identity verification and background checks, founded after its founder's family was harmed by an employee using a false identity. It helps individuals and organizations confirm the identities and employment histories of people they engage.
Who founded VerifyMe?
VerifyMe was founded by Norman A Gardner, Olutunji Oluwole.
Who are VerifyMe's investors?
VerifyMe's investors include Consonance Investment Managers, V8 Capital Partners.
How much funding has VerifyMe raised?
VerifyMe has disclosed $13.6M raised across 7 of its 8 known rounds.
Where is VerifyMe headquartered?
VerifyMe is headquartered in Rochester, US.