Veriff

Veriff YC Application

Winter 2018Active

Veriff went through Y Combinator in the Winter 2018 batch as a B2B company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Winter 2018
Industry
B2BEngineering, Product and Design
Team size
5
Status
Active
Launched
2017

Founders

  • Kaarel Kotkas
    Kaarel KotkasFounder/CEO

What Veriff does

Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. Veriff’s intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 10,000 government-issued IDs from over 190 countries. Veriff serves a global portfolio of organizations across fintech, crypto, and mobility sectors. Founded in 2015 by Kaarel Kotkas, today Veriff serves a global portfolio of internet businesses including fintech companies, sharing economy providers and marketplaces in the USA, Europe and other places in the world. Veriff is an alumnus of the startup accelerator Y Combinator and employs 350 people in its locations in Tallinn and Tartu in Estonia; New York, in the USA, London in the UK and Barcelona in Spain.

Veriff's YC application, reconstructed

Y Combinator application

Veriff, Winter 2018 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Veriff

Describe what your company does in 50 characters or less.

AI-powered identity verification solution

What is your company going to make? Please describe your product and what it does or will do.

We built an online identity verification system that uses AI to analyze thousands of technological and behavioral variables from identity documents and user actions to match people to over 10,000 government-issued IDs across 190+ countries. Our product helps fintech, crypto, and mobility companies automatically verify customers in seconds, reducing fraud and enabling trust remotely.

Where do you live now, and where would the company be based after YC?

We live in Tallinn, Estonia, but also have team members in New York, London, and Barcelona. After YC, we'll keep our base in Tallinn while expanding globally from there.

Explain your decision regarding location.

Tallinn is where the company started and where our core technical team is. It allows us to operate efficiently while reaching global customers remotely. Our presence in major business hubs helps us sell internationally.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Veriff YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Veriff's public data (launch notes, founder backgrounds, product description). It shows how a company like Veriff would present itself to YC, not the text they submitted.

What YC batch was Veriff in?

Veriff was part of the Y Combinator Winter 2018 batch.

Who founded Veriff?

Veriff was founded by Kaarel Kotkas.

What does Veriff do?

AI-powered identity verification solution for fraud prevention.

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Veriff's application, and every other YC batch, is in YC Insights.

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