Fundraising Fox

VerifyMe

NASDAQ: VRME

Rochester, US · Nevada corporation · 1 known investors

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.

Cybersecurity Fintech SaaS

Founders & leadership

NA

Norman A GardnerCo-founder

OO

Olutunji Oluwole

Olutunji Oluwole

TV

Thatham VasanExecutive

PW

Patrick WhiteExecutive

Board

MG

Marshall GellerBoard director

CR

Claudio R BallardBoard director

HG

Howard GoldbergBoard director

PK

Paul KlapperBoard director

LG

Lawrence G SchafranBoard director

LJ

Laurence J BlickmanBoard director

Investors · 1

Consonance Investment ManagersEbene

Reported raises · per SEC filings

Form D private placements

$13.6M disclosed across 7 rounds · 2016–2023

▶$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.

Competitors · 1

by search overlap

CLEAR6 shared keywordsCLEAR provides identity verification services that let members move faster through airport security lanes and eGates using biometric identification. It offers a mobile app, a premium CLEAR+ membership, and concierge travel services for travelers.

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

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.
How much funding has VerifyMe raised?: VerifyMe has disclosed $13.6M raised across 7 rounds.
Where is VerifyMe headquartered?: VerifyMe is headquartered in Rochester, US.