Funding profile · Provider credentialing software
Verifiable
Three priced rounds and $47 million raised. Two Form D filings line up with the announcements, and both reached EDGAR before the press.
$47MTotal raised, reported (TechCrunch 2023, Fierce 2026)
$46.94MConfirmed in SEC Form D filings, 2021 and 2023
$27MSeries B, July 2023, led by Craft Ventures
0Form D filings since June 2023
Data as of September 21, 2026.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Oct 2020 | Seed | $3M | Tiger Global, Liquid2 Ventures, Struck Capital, Soma Capital; angels Jack Altman, Max Mullen, Sahil Lavingia | TechCrunch |
| Aug 2021 | Series A | $17M | Led by Sam and Jack Altman; Craft Ventures, Tiger Global and existing investors; angels including Ryan Petersen, Parker Conrad, Mathilde Collin, Jonathan Hirsch, Todd Goldberg, Rahul Vohra | TechCrunch |
| Jul 2023 | Series B | $27M | Led by Craft Ventures; Highland Capital Partners, 137 Ventures, Cooley; existing The Altman Fund, Struck Capital | TechCrunch + release |
What the filings show
Verifiable Inc. · Form D · filed Jul 21, 2021
- First sale
- Jul 2, 2021
- Sold
- $19,943,829 of $19,943,829, equity
- Investors
- 38 · average about $524,800
- Exemption
- Rule 506(b)
- Related persons
- Nicholas Macario (executive officer, director); Vivekanand Rajkumar (executive officer, director); Jack Altman (director); Elina Cadouri (executive officer)
- Filing
- SEC EDGAR, CIK 0001873843
Verifiable Inc. · Form D · filed Jun 12, 2023
- First sale
- Apr 24, 2023
- Sold
- $26,999,987 of $26,999,987, equity
- Investors
- 7 · average about $3.86M
- Exemption
- Rule 506(b)
- Related persons
- Nicholas Macario and Vivekanand Rajkumar (executive officers, directors); Stephen Kline (executive officer); Jack Altman, Will Su, Brian Murray (directors)
- Filing
- SEC EDGAR, CIK 0001873843
Reading the filings
- The Series A filing is bigger than the Series A.TechCrunch reported $17M. The Form D shows $19.94M sold to 38 investors. The $2.94M difference is close to the $3M seed. A likely explanation is that seed SAFEs converted into Series A preferred stock in the same offering, which would also explain the high investor count, since the seed included several individual angels. The filing does not say this; it is our reading.
- The Series B matches almost to the dollar.$26,999,987 sold to seven investors, about $3.86M each. That is a tight institutional round, consistent with the syndicate named: Craft, Highland, 137 Ventures, Cooley, The Altman Fund and Struck.
- EDGAR saw both rounds first.The Series B Form D was filed June 12, 2023, four weeks before the July 10 announcement, with a first sale on April 24. The Series A filing on July 21, 2021 also landed before TechCrunch’s story in early August.
- The board grew with the money.In 2021 the directors were Macario, Rajkumar and Jack Altman. By 2023 they included Brian Murray, Craft Ventures’ partner and COO, who is quoted in the Series B release, and Will Su, whose affiliation the filing does not state.
- Quiet since 2023.No Form D since June 2023, and no SPV filings naming Verifiable in an EDGAR full-text search. At the Series B, Macario said the company was focusing on “operational efficiency and our path to profitability.” The next filing, or a long absence of one, will show which way that went.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Certification | NCQA-certified credentials verification organization. | Certifier |
| Enterprise anchor | Humana insourced credentialing onto Verifiable’s software on Salesforce; projected 15% cost reduction. | Company-stated |
| Scale | Over 200 clients (Feb 2026). | Company-stated |
| Growth | Revenue tripled and team doubled in the year to mid-2023. | Company-stated |
| Estimates | 2024 revenue $21.8M and 141 employees (GetLatka). Third-party estimate; treat with caution. | Unverified |
| Product | CredAgent AI launched Feb 2026; company claims up to 10x specialist productivity in pilots. | Company-stated |
What to watch
- A new Form D, which would signal a Series C or an extension.
- Consolidation among credentialing vendors.
- Customer-reported results for CredAgent.
The Verifiable story on Healthcare DiscoveryHealthcare Discovery
Sources
- Public recordForm D, Verifiable Inc.
- Public recordForm D, Verifiable Inc.
- IndependentAustin-based Verifiable raises $3 million for its API toolkit
- IndependentVerifiable secures $17M for its API that manages healthcare provider information
- IndependentVerifiable validates its healthcare credentialing software with another $27M
- IndependentAltman-backed startup Verifiable rolls out AI agent
- CertifierNCQA customer story on Verifiable
- CompanyVerifiable lands $27M Series B from Craft Ventures
- EstimateVerifiable revenue estimate
Compiled from SEC public records and published reports as of September 21, 2026. Form D notices report offerings under Regulation D; amounts reflect the filing date. Healthcare Venture Capital Fund holds no position in Verifiable. This page is not an offer to sell or a recommendation to buy any security.