Predict your next investment

Verato company logo
INTERNET | Internet Software & Services / Compliance
verato.com

See what CB Insights has to offer

Founded Year

2012

Stage

Series C | Alive

Total Raised

$35M

Last Raised

$10M | 3 yrs ago

Mosaic Score

+10 points in the past 30 days

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

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.

Verato Headquarter Location

1751 Pinnacle Drive Suite 1700

McLean, Virginia, 22102,

United States

703-650-5155

Latest Verato News

Verato appoints Clay Ritchey as CEO

May 8, 2021

Verato appoints Clay Ritchey as CEO Verato announced that effective April 30, 2021, Clay Ritchey has been appointed as the Company’s Chief Executive Officer. He succeeds Mark LaRow who is retiring to the company’s Board of Directors after serving as CEO of Verato since January of 2015. LaRow’s retirement has been planned since the fall of 2019. “We are pleased to welcome Clay to Verato. After an extensive search process, we feel fortunate to have found someone with Clay’s successful experience in healthcare and software-as-a-service (SaaS). We are confident that, under Clay’s leadership, Verato will further its mission to help transform the landscape of healthcare with more complete and trusted patient information,” LaRow said. “It’s been an incredible six years at Verato, and I’m proud to have witnessed and been a part of its dramatic growth in that time. With a strong foundation in place, I know the team will continue to succeed for many years to come.” Ritchey brings a wealth of expertise and experience to the Verato CEO role, having served in a number of senior leadership capacities over the last three decades across the healthcare and technology/software space. He most recently served as CEO of Evariant, a healthcare SaaS CRM and big data analytics company, propelling hyper growth of the organization and leading them to a successful merger with Healthgrades in January 2020. Ritchey’s prior roles also include Chief Marketing Officer at Imprivata , CEO at Maryland-based Equinox Healthcare, and Vice President of Marketing and Strategy at Hill-Rom IT Solutions. Ritchey received his MBA from Harvard Business School and his BSEE, with Highest Distinction, from The Pennsylvania State University. “I truly believe that Verato’s unique referential identity matching technology is a critical linchpin in the healthcare digital transformation journey,” said Ritchey. “Having a trusted one-to-one match between patient identities and their digital health information is seminal to achieving the promise of the digital healthcare revolution that is upon us.” Continued Ritchey, “I look forward to leading Verato through their next phase of rapid growth by doubling down on our commitment to customer success and innovation by serving our amazing customers across the care continuum, from healthcare providers, payers, life sciences, healthcare IT companies and government organizations.” Verato’s next-generation enterprise master person index (EMPI) solution integrates patient data collected across the healthcare system and beyond, to provide a complete and trusted picture of each individual. Its cloud-native technology allows client organizations to integrate their solutions for CRM, analytics, clinical, and digital experience faster and with lower overall cost than any other technology. “Verato has continued to rapidly scale its business and operations while delivering over 50 percent annualized growth over the last three years,” commented board member and investor Kent Bennent, partner at Bessemer Venture Partners. “We are grateful for Mark’s leadership and are excited for the baton to be passed to Clay for the next phase of company growth and innovation.” More about

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

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 6 Expert Collections, including Identity Management.

I

Identity Management

156 items

Cybersecurity companies leading in Identity & Access Management with a core product to determine identity, and/or authenticate credentials, and/or authorize appropriate access to digital and/or physical assets.

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

R

Regtech

1,342 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

S

Startups Streamlining Healthcare Administrative Costs

349 items

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

C

Conference Exhibitors

5,149 items

Verato Patents

Verato has filed 4 patents.

The 3 most popular patent topics include:

  • Computer security
  • Data security
  • Electronic health records
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

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

00/00/0000

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

Application Date

5/26/2017

00/00/0000

00/00/0000

00/00/0000

Grant Date

8/14/2018

00/00/0000

00/00/0000

00/00/0000

Title

Subscribe to see more

Subscribe to see more

Subscribe to see more

Related Topics

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

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Grant

Subscribe to see more

Subscribe to see more

Subscribe to see more

Verato Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Verato Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.