Key Takeaways:
- Verifiable, an Austin-based startup, secures $27M in Series B funding, bringing their total funding amount to $47M.
- The funding round was led by Craft Ventures, with participation from 137 Ventures, Highland Capital Partners, and Struck Capital.
- Verifiable develops a real-time credential verification platform designed to verify licenses, sanctions, and other vital records.
- The new funding will facilitate Verifiable’s mission to bring a new level of transparency and efficiency to healthcare industry operations.
Austin, Texas – Healthtech startup Verifiable has successfully secured $27M in a Series B fundraising round, pushing its total funding to an impressive $47M. This funding round, led by Craft Ventures, underscores the company’s robust growth trajectory and the increasing demand for real-time credential verification in the healthcare industry. The round also saw participation from 137 Ventures, Highland Capital Partners, and Struck Capital.
This latest capital injection comes as Verifiable continues to disrupt the health care industry with its groundbreaking real-time credential verification platform. The Austin-based startup provides a solution that verifies licenses, sanctions, and other important records. This mission-critical service aims to streamline a traditionally time-consuming and resource-heavy process, enabling healthcare organizations to focus more on patient care.
With four successful funding rounds under its belt, Verifiable shows no signs of slowing down. The recent Series B funding underscores investor confidence in the company’s vision and the vast potential of its innovative platform. Craft Ventures led this round, further cementing their commitment to supporting disruptive technology that can revolutionize industries.
Verifiable’s Crunchbase profile highlights its rapidly ascending journey, from its inception to the recent successful fundraising. With a strong presence in the health care, real-time, and software industries, the startup is uniquely positioned to redefine credential verification processes in the healthcare landscape.
This new funding propels Verifiable closer to achieving its goal of reshaping the healthcare industry’s operations. As the demand for efficient, transparent, and reliable credential verification continues to rise, Verifiable stands at the forefront, ready to deliver real-time solutions for the benefit of healthcare organizations and patients alike.
The $27M Series B funding announcement by Verifiable underscores a significant stride in the healthtech industry and illuminates the future of real-time credential verification. Keep an eye on Verifiable as it continues its journey towards transforming the way the healthcare sector verifies credentials.
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