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§ Private Profile · San Francisco, CA, USA
API for healthcare compliance
Verifiable has raised $47.0M across 3 funding rounds.
Key people at Verifiable.
Verifiable was founded in 2019 by Nick Macario (Founder) and Viv Rajkumar (Founder).
Verifiable has raised $47.0M in total across 3 funding rounds.
Verifiable offers an API-first platform for real-time credential verification and network management within healthcare. This system streamlines crucial administrative tasks like credentialing, onboarding, and licensing. By centralizing data and automating verification, Verifiable helps healthcare organizations achieve audit-ready compliance and enhance operational efficiency across their provider networks.
Founded in 2019 by Vivekanand Rajkumar and Nick Macario, the company's insight stemmed from pervasive administrative inefficiencies and manual complexities in provider credentialing. They recognized a critical need for modern infrastructure to simplify and expedite these essential operations for both payers and providers.
Verifiable serves healthcare provider and payer organizations, including various health and dental plans. Its mission focuses on improving efficiency, quality, and compliance throughout the healthcare ecosystem by building a contemporary infrastructure for provider network management, thereby reducing administrative waste.
Key people at Verifiable.
Verifiable is a healthcare technology company that provides an API-driven platform to automate and streamline healthcare provider credentialing and compliance processes. Its product serves healthcare organizations, health plans, and provider networks by verifying provider credentials, licenses, and compliance status in real time, significantly reducing the time and cost associated with manual credentialing. By integrating with primary data sources and platforms like Salesforce, Verifiable helps healthcare organizations maintain up-to-date provider data, ensuring regulatory compliance and operational efficiency. The company has demonstrated strong growth, nearly doubling its employee count and customer base recently, with clients including Humana, Lyra Health, and Talkspace, and has tripled its revenue in the past year[1][2][3][5].
Founded in the early 2020s, Verifiable was created to address the persistent challenges in healthcare credentialing—namely, the slow, error-prone, and costly manual verification processes that delay provider onboarding and network management. The founders, experienced in healthcare and technology, recognized the need for an API-first, automated solution that could integrate seamlessly with existing healthcare IT systems. Early traction came from partnerships with behavioral health companies and health plans, which validated the platform’s ability to scale credentialing operations and improve compliance. The company evolved its focus from small providers to enterprise customers, securing major clients like Humana and expanding its product suite to include network monitoring and Salesforce integrations[1][3][5].
Verifiable rides the wave of digital transformation in healthcare, addressing the critical need for automation in provider credentialing amid growing regulatory complexity and the expansion of virtual care. The timing is crucial as healthcare organizations face increasing pressure to reduce costs, accelerate provider onboarding, and maintain compliance with standards like NCQA and HIPAA. By leveraging APIs and real-time data integration, Verifiable helps healthcare providers and payers scale their networks efficiently, supporting the broader trend toward virtual care and value-based healthcare models. Its technology reduces administrative burdens and operational costs, enabling faster access to care and improved patient outcomes. The company’s partnerships with major health plans and behavioral health providers underscore its influence in shaping modern healthcare operations[1][3][4][5].
Looking ahead, Verifiable is well-positioned to expand its footprint in enterprise healthcare markets by deepening integrations with major healthcare IT platforms and broadening its compliance and network management capabilities. Trends such as the rise of telehealth, increasing regulatory scrutiny, and the demand for real-time data accuracy will continue to drive adoption of automated credentialing solutions. Verifiable’s emphasis on API-first design and scalable automation will likely enable it to maintain competitive advantage and influence industry standards. As healthcare ecosystems become more interconnected, Verifiable’s role as a trusted source of verified provider data will be critical in enabling seamless, compliant care delivery at scale[1][3][6].
Verifiable has raised $47.0M across 3 funding rounds. Most recently, it raised $27.0M Series B in July 2023.
Verifiable was founded in 2019 by Nick Macario (Founder) and Viv Rajkumar (Founder).
Verifiable has raised $47.0M in total across 3 funding rounds.
Verifiable's investors include Craft Ventures, Abstract Ventures, Alt Capital, AngelPad, FPV Fund, Harrison Metal, Matrix, Merus Capital, Openview Venture Partners, SciFi VC, Y Combinator, Aaron Levie.
