Veridion Raises $20M Series A to Expand Live Company Data Graph

Veridion Raises $20M Series A

Veridion, a Bucharest-based business intelligence company, has raised $20 million in Series A funding. The round was led by Hoxton Ventures, with participation from Day One Capital, Underline Ventures, Launchub Ventures, OTB Ventures, and Gapminder VC.

What the Company Does

Veridion maintains what it describes as a continuously updated digital replica of the business world. Rather than selling periodic snapshots of company data, the company re-derives company records as conditions change — keeping its dataset live rather than static.

Its live company graph tracks more than 640 million companies across roughly 250 countries. Each company is resolved into:

• Legal registrations
• Operating locations
• Corporate hierarchy

The graph carries 461 attributes per company, drawn from a combination of sources:

• Web crawls
• Public registries
• Regulatory filings
• News signals

Company Background

Veridion was founded in 2019 and was formerly known as Soleadify. The company operates with a team of more than 60 people across Europe and North America.

Customer Base

Veridion serves over 100 organizations across several workflow categories:

• Market intelligence
• Insurance and risk
• Credit
• Procurement
• Supply chain

Its customer roster includes Experian, according to the company.

Why the Live-Data Approach Matters

Traditional business intelligence providers often deliver company records as point-in-time snapshots, which can go stale as registrations change, entities relocate, or corporate structures shift. Veridion's model is built around re-deriving records as conditions change, which is particularly relevant for risk, credit, and supply-chain use cases where outdated entity data creates exposure.

The breadth of the graph — hundreds of millions of companies across nearly every country — combined with a deep attribute set positions Veridion as infrastructure for organizations that need entity-level intelligence at scale.

Round Summary

• Company: Veridion
• Former Name: Soleadify
• Founded: 2019
• Headquarters: Bucharest
• Round: Series A
• Amount: $20,000,000 USD
• Lead Investor: Hoxton Ventures
• Participating Investors: Day One Capital, Underline Ventures, Launchub Ventures, OTB Ventures, Gapminder VC
• Coverage: 640M+ companies, ~250 countries, 461 attributes
• Customers: 100+ organizations, including Experian
• Team: 60+ people across Europe and North America

For acquirers and strategic investors tracking data infrastructure, Veridion represents a live company-graph asset with broad geographic coverage, a diversified customer base across risk and procurement workflows, and a European engineering footprint.