Verivend
Verivend is a purpose-built digital payments platform that enables General Partners and Limited Partners across venture capital, private equity, real estate, and private credit to raise and deploy capital through capital calls, distributions, and one-click checkout, now operating as part of the Helm platform under iAltA Holdings.
- Company typePrivate
- Founded2019
- HeadquartersBuffalo, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Verivend does
Verivend is a purpose-built digital payments platform serving private capital markets, founded in 2019 and headquartered in Buffalo, New York. The company enables General Partners (GPs), Limited Partners (LPs), and investment sponsors across venture capital, private equity, real estate, and private credit to raise and deploy capital through digital capital calls, distributions, and one-click checkout experiences. As of the latest disclosures, the platform has processed more than $4 billion in cumulative transaction volume, serves 200+ GP and sponsor customers, manages 1,000+ funds/syndicates/deals, and reaches 25,000+ investors and LPs.
The core technology stack includes capital call and distribution processing that replaces manual wire transfers, a Verivend Vault feature for instant fund access, a frictionless one-click checkout experience for investors, encrypted payment processing, and unlimited transaction capacity. Funds are held in FDIC-insured sweep accounts through partner banks M&T Bank (Buffalo, NY-based, with coverage up to $175 million) and Lincoln Savings Bank. The platform is accessible via web and mobile app, supports both self-serve onboarding at app.verivend.com and an enterprise 'Get a Demo' sales motion, and serves customers such as Lorraine Capital, Counsel Financial, and Private Investor Club.
Verivend monetizes through two streams: (1) transaction fees on payment processing for capital calls and distributions, and (2) tiered subscription access to the platform with usage-based overages that are automatically charged when usage exceeds subscription thresholds. Pricing is not publicly disclosed. In May 2025, Verivend was acquired by iAltA Holdings—a vehicle backed by a $20 million seed round led by WestCap—and subsequently consolidated with Delio Group and Betterfront under the 'Helm' brand to form a unified private-markets technology platform. Former Envestnet CEO Bill Crager joined as partner and lead operator in May 2026 with a stated goal of reaching operating profitability within 12–18 months.
Verivend firmographics
Firmographics- Name
- Verivend
- Legal name
- Verivend Inc.
- Website
- https://verivend.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Verivend is a purpose-built digital payments platform that enables General Partners and Limited Partners across venture capital, private equity, real estate, and private credit to raise and deploy capital through capital calls, distributions, and one-click checkout, now operating as part of the Helm platform under iAltA Holdings.
- Ownership category
- akta.pro rank
Where Verivend is headquartered
LocationHeadquarters
- HQ city
- Buffalo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Verivend business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Transaction Processing: Verivend processes payments and transactions for capital calls and distributions in private capital markets, charging fees for transaction processing through its platform.
- Subscription Services: Subscription-based access to the Verivend platform with tiered benefits. Users preauthorize automatic charges when usage exceeds paid subscription levels.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Standard Subscription with usage-based overages |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Verivend product offering
Product offeringCore offering
Verivend is a purpose-built payments platform for private capital markets that enables general partners (GPs), limited partners (LPs), and investment sponsors to raise and deploy capital. The platform processes capital calls and distributions in seconds, provides a frictionless one-click checkout experience for investors, and offers the Verivend Vault for instant secure fund access, all with FDIC-insured custody through partner banks.
Product overview
Verivend operates as a unified payments platform purpose-built for private capital markets. The core product (Verivend) provides capital call and distribution capabilities alongside one-click checkout experiences and Verivend Vault for instant fund access, serving GPs and LPs across venture capital, private equity, real estate, and private credit. In 2025, Verivend was acquired by iAltA Holdings and merged with Delio Group and Betterfront under the Helm brand to create a comprehensive private market technology ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- Helm: Verivend, Delio Group & Betterfront have merged under the Helm brand as a unified technology platform for private markets.
Products and services
- Verivend Purpose-built payments platform for private capital markets enabling GPs, LPs, and investment sponsors to raise and deploy capital through instant capital calls, distributions, one-click checkout for investors, and a unified web/mobile portal. Serves VC, PE, real estate, and private credit funds.
- Verivend Vault Secure vault functionality within the Verivend platform providing instant access to funds with encrypted security for investment sponsors and their investors.
Quantifiable outcome
- $4B+ in transactions processed
- +3 more outcomes
Companies that use Verivend
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles3 records
Verivend technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Verivend partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- iAltA HoldingscoreiAltA Holdings acquired Verivend as part of its strategy to build a unified technology platform connecting fragmented alternative investment data and research. Verivend, along with Betterfront and Delio Group, became part of the new entity 'Helm'. Bill Crager, former Envestnet CEO, joined as partner and lead operator with plans to achieve operating profitability within 12-18 months.
- M&T BankcoreM&T Bank, headquartered in Buffalo, New York, serves as a partner bank for Verivend. Customer funds are held in accounts at M&T Bank through FDIC-insured sweep programs, with coverage up to $175,000,000.00.
- Lincoln Savings BankcoreLincoln Savings Bank is referenced as a partner financial institution in Verivend's Electronic Delivery of Communications agreement, providing banking services alongside M&T Bank.
- BetterfrontcoreBetterfront, an AI-native alts data company, was acquired by iAltA Holdings alongside Verivend. Both companies merged into the new 'Helm' entity as part of iAltA's strategy to create a unified private markets infrastructure platform.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Verivend competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights6 records
Customer concentration
Verivend social profiles
Digital presenceVerivend financial estimates
Financial estimateRevenue estimate
Valuation estimate
Verivend leadership team
Management profileNumber of profiles
Profiles2 records
Verivend funding detail
Funding detailFunding overview
Funding rounds6 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Verivend M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Verivend
What does Verivend do?
Verivend is a purpose-built payments platform for private capital markets that enables general partners (GPs), limited partners (LPs), and investment sponsors to raise and deploy capital. The platform processes capital calls and distributions in seconds, provides a frictionless one-click checkout experience for investors, and offers the Verivend Vault for instant secure fund access, all with FDIC-insured custody through partner banks.
Is Verivend a public or private company?
Verivend is a private company. It is classified as corporate owned and is currently operating.
When was Verivend founded?
Verivend was founded in 2019. It employs 11 to 50 people.
Where is Verivend based?
Verivend is headquartered in Buffalo, United States, in the North America region.
How does Verivend make money?
Two revenue lines are on record. Transaction Processing is the primary driver. The others are subscription Services.
Does Verivend have an API?
No public API is recorded for Verivend.