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Verato

verato.com

Founded Year

2012

Stage

Series C | Alive

Total Raised

$35M

Last Raised

$10M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+20 points in the past 30 days

About Verato

Verato is a software-as-a-service provider that focuses on trusted transactions that enable businesses to restore confidence in their electronic interchange with employees, customers, and business partners. Verato offers a comprehensive platform for trusted supply chains, identities, transactions, and the reduction of risk associated with insider threats and data integrity.

Headquarters Location

1751 Pinnacle Drive Suite 1700

McLean, Virginia, 22102,

United States

703-650-5155

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Research containing Verato

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Verato in 1 CB Insights research brief, most recently on Jul 7, 2021.

Expert Collections containing Verato

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Verato is included in 7 Expert Collections, including Regtech.

R

Regtech

1,341 items

Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements in FIs. Regulatory technology helps FIs and regulators address challenges ranging from traditional compliance and risk management to data reporting and transmission.

F

Fintech 250

248 items

H

Health IT

2,749 items

Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.

C

Conference Exhibitors

5,302 items

F

Fintech

7,750 items

US-based companies

D

Digital Health

13,069 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Verato Patents

Verato has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

5/26/2017

8/14/2018

Health informatics, Electronic health records, Computer security, Data security, Software testing

Grant

Application Date

5/26/2017

Grant Date

8/14/2018

Title

Related Topics

Health informatics, Electronic health records, Computer security, Data security, Software testing

Status

Grant

Latest Verato News

State of Mississippi Selects Verato’s Healthcare MDM Platform for Identity Management

Dec 13, 2022

The state’s Division of Medicaid and Department of Human Services to deploy Verato’s next-generation healthcare master data management (hMDM) platform to clean and strengthen beneficiary identity data December 13, 2022 09:13 AM Eastern Standard Time MCLEAN, Va.--( BUSINESS WIRE )-- Verato , the identity experts for healthcare, today announced that the state of Mississippi’s Division of Medicaid (DOM) and the Mississippi Department of Human Services (MDHS) will partner with Verato to deploy the Verato Universal Identity™ platform, the company’s next-generation healthcare master data management (hMDM) platform, to establish and maintain accurate identities across the department’s enterprise. Many health agencies, including Medicaid departments across the country, rely on multiple systems to contribute to multiple identities in across the agency. Medicaid beneficiary identity data can include name, gender, date of birth, race and ethnicity, Social Security numbers, current addresses and contact information, insurance information or medical records numbers. Challenges arise when there is no single source of truth in identifying persons across the enterprise. The implementation of the Verato Universal Identity platform will allow the Mississippi DOM to assign each Medicaid beneficiary a unique identifier so they are represented only once across the multiple DOM systems that comprise the enterprise. The DOM and the MDHS make up two of the key agencies in the Health and Human Services environment for the State of Mississippi. These agencies partner together to improve services, coordination, and lower cost for Mississippi’s citizens. “We are honored that the state of Mississippi is entrusting us with the management and matching of person records,” said Clay Ritchey, CEO at Verato. “The intent is for higher accuracy so that all healthcare organizations can best serve their populations.” The Verato Universal Identity platform introduces the industry’s first hMDM to provide a complete and trusted single source of truth for consumer, patient and provider identity. The company’s cloud-native hMDM platform leverages an unparalleled nationwide dataset and AI technology to resolve, manage, and enrich healthcare identities for people and organizations. For more information on Verato, visit www.verato.com . About Verato Verato, the identity experts for healthcare, enables smarter growth, improved care quality and efficiency, and better population health by solving the problem that drives everything else—knowing who is who. Over 70 of the most respected brands in healthcare rely on Verato for a complete and trusted 360-degree view of the people they serve to accelerate the success of their digital health initiatives and fully understand consumers’ preferences, risks, and needs from the beginning and throughout their care journey. Only the Verato HITRUST-certified, next-generation cloud identity platform enables interoperability across the complex digital health ecosystem with unprecedented accuracy, ease, and time-to-value. With an enterprise-wide single source of truth for identity, Verato ensures that you get identity right from the start. For more information, visit Verato.com . Contacts

Verato Frequently Asked Questions (FAQ)

  • When was Verato founded?

    Verato was founded in 2012.

  • Where is Verato's headquarters?

    Verato's headquarters is located at 1751 Pinnacle Drive, McLean.

  • What is Verato's latest funding round?

    Verato's latest funding round is Series C.

  • How much did Verato raise?

    Verato raised a total of $35M.

  • Who are the investors of Verato?

    Investors of Verato include Columbia Capital, Bessemer Venture Partners, Blue Heron Capital and California Health Care Foundation.

  • Who are Verato's competitors?

    Competitors of Verato include HealthVerity and 1 more.

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