Verdata secures $8m series A to expand risk data platform

By Vriti Gothi

Verdata has raised $8 million in Series A funding, led by Continental Investors with participation from 1st & Main Growth Partners, Front Porch Venture Partners, Overline Venture Capital, and a consortium of industry leaders.

The investment underscores Verdata’s pivotal role in reshaping how businesses assess and manage trust, risk, and compliance in a rapidly evolving digital economy. Leveraging its expansive network of over 20 million U.S. businesses, Verdata delivers actionable intelligence on business identity, financial resilience, service reliability, and regulatory compliance.

Purpose-built for today’s interconnected financial ecosystem, Verdata’s solutions empower organisations to seamlessly verify business identities, mitigate fraud risk, safeguard brand integrity, and optimise compliance processes. By enabling smarter prioritisation of high-impact workflows, the platform supports confident decision-making and sustainable revenue growth across diverse sectors, including SMB lending, point-of-sale financing, commercial insurance, and embedded finance.

Paul Purcell, Principal at Continental Investors, said, “Team Continental is pleased to lead this round. Verdata’s collaborative approach aggregates fragmented commercial data into proprietary insights that improve customer acquisition, decision-making, and industry-wide efficiency.”

Mike Mondelli, Chief Executive Officer of Verdata, said, “Verdata is redefining how trust is established in B2B relationships. This funding accelerates product innovation, strengthens support for our customers, and extends our reach across key industries.”

With this strategic funding, Verdata is set to advance product innovation and expand its market footprint, reinforcing its mission to deliver trusted, customer-centric solutions that enable the financial services industry to navigate risk with confidence.