Ver.iD
Ver.iD is a Netherlands-based Credential Service Provider that aggregates multiple digital identity apps (Digidentity, Nect, Yivi, Yoti, NL Wallet, ReadID) into a single integration for enterprises and governments. It offers Authentication, Verification, and Issuance products built on W3C and OAuth 2.0 open standards for KYC, age checks, and eIDAS 2.0-compliant identity flows.
- Company typePrivate
- Founded2021
- HeadquartersAmsterdam, Netherlands
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Ver.iD does
Ver.iD (legal entity Subst.id B.V.) is a Netherlands-based Credential Service Provider founded in 2021 that operates a unified platform aggregating multiple digital identity apps — including Digidentity, Nect, Yivi, Yoti, Datakeeper, NL Wallet, and ReadID — behind a single integration layer. The platform exposes three core products: Authentication (passport-grade login and registration using identity apps, integrated with IAM/CIAM platforms such as Ping Identity, Microsoft Entra, Okta, Auth0, and Amazon Cognito), Verification (KYC/KYB, age checks, and compliance-grade identity confirmation aligned with DAC7, AMLD6, NIS2, and PSD2), and Issuance (delivery of verified credentials back into users' identity apps at (Q)TSP-grade trust). The underlying technology is built entirely on open standards — W3C Verifiable Credentials Data Model, OAuth 2.0 with PKCE, JWT, and JSON Web Signatures — with QR-code flows replacing photocopies and biometrics, and a privacy-first architecture in which identity data remains in the user's wallet and is shared only with explicit consent.
The company's go-to-market is sales-led B2B targeting financial services, insurance, government, events, and age-restricted product verticals. Distribution is layered: direct enterprise sales, an API/SDK channel for developers, native IAM/CIAM platform integrations, an identity-app marketplace layer, and open-source plugins for WordPress, Magento, Shopify, and Drupal. The company monetizes through a mix of recurring monthly subscriptions and blended transaction-based verification fees, with contract-based pricing for most identity apps and pay-as-you-go billing for usage-driven events. Customers named publicly include Deloitte, Verbond, Oneplanet, National, Compliance Wise, and the Municipality of Nijmegen (the latter via the Proeftuin Digitale Identiteit consortium launched June 2024).
Ver.iD has secured a compliance footprint (ISO 27001, NEN 7510, SOC 2, eIDAS, GDPR, NIS2, DORA), received KuppingerCole Rising Star recognition in decentralized identity in January 2025, and closed its first disclosed institutional round (approximately $2.05M from Coinvest Capital, January 2025). Headcount sits in the 11-50 range and revenue is not publicly disclosed. The company positions itself explicitly as the connective layer between the fragmented EUDI wallet ecosystem under eIDAS 2.0 across 27 EU member states.
Ver.iD firmographics
Firmographics- Name
- Ver.iD
- Legal name
- Subst.id B.V.
- Website
- https://ver.id
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ver.iD is a Netherlands-based Credential Service Provider that aggregates multiple digital identity apps (Digidentity, Nect, Yivi, Yoti, NL Wallet, ReadID) into a single integration for enterprises and governments. It offers Authentication, Verification, and Issuance products built on W3C and OAuth 2.0 open standards for KYC, age checks, and eIDAS 2.0-compliant identity flows.
- Ownership category
- akta.pro rank
Ver.iD industry classification
Industry- Product category
- Digital Identity Verification
- NAICS
- Custom Computer Programming Services (541511), Investigation and Personal Background Check Services (561611)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Decentralized Identity (DID) & Verifiable Credentials (BPAMAEAJ)
- akta.pro secondary industries
- Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI), Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA), Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF)
Keywords
Where Ver.iD is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Ver.iD business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Credential Services / API Usage: Fees are charged for identity verification, processing fees, storage and reporting fees, infrastructural fees, and other events in connection with account usage. The platform charges for verification services across different wallet providers with blended rates.
- Subscription Services: Monthly subscription fees for platform access. Fees include various service components and can be revised with 30 days advance notice.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Enterprise / Contract-based pricing |
| Transaction based/ take rate | Pay-as-you-go | Transaction-based verification fees |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Ver.iD product offering
Product offeringCore offering
Ver.iD is a Credential Service Provider platform that aggregates multiple global digital identity apps into a single integration layer, enabling organizations to authenticate users, verify customer identities, and issue verifiable credentials. The platform is delivered via APIs, SDKs, a Dashboard, Widgets, and Plugins, and is built on open standards (W3C Verifiable Credentials, OAuth 2.0 with PKCE, JWT) to support compliance with eIDAS 2.0 and related EU regulations. Customers use QR-code flows to perform identity, age, and business verification across sectors including fintech, insurance, government, events, and age-restricted commerce.
Product overview
Ver.iD is a unified identity platform that aggregates multiple digital identity apps into a single integration layer. The product portfolio consists of three core products: Authentication (for secure login/registration), Verification (for identity checks), and Issuance (for credential delivery), all built on the Ver.iD Platform infrastructure. The platform serves as a Credential Service Provider, enabling organizations to connect with identity apps like Yivi, Yoti, Digidentity, Nect, Datakeeper, ReadID, and NL Wallet through unified APIs, plugins, and widgets. All products are designed for compliance with EU regulations including eIDAS 2.0, and support open standards such as OAuth 2.0, JWT, and W3C Verifiable Credentials.
Differentiator
Problem solved
Functional benefit
Products and services
- Ver.iD Authentication
Quantifiable outcome
- Reduces administrative burden for municipalities by eliminating manual file reviews and reducing errors and fraud
- +2 more outcomes
Companies that use Ver.iD
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
Ver.iD technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
Feature5 records
Ver.iD partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, supporting and integration.
- Municipality of NijmegencoreFlagship consortium partner in the 'Proeftuin Digitale Identiteit' (Digital Identity Testing Ground) initiative starting June 2024. Ver.iD delivers technology and coordinates collaboration among partners including Ink Social Design and Innovalore. Jointly developing digital identity solutions for municipal services modernization including benefits verification and age 18+ checks.
- Ink Social DesignsupportingUX design specialist in the Digital Identity Testing Ground consortium with Municipality of Nijmegen. Contributes user experience expertise to municipal identity wallet solutions.
- InnovaloresupportingConsultancy partner in the Digital Identity Testing Ground consortium with Municipality of Nijmegen. Provides advisory expertise for digital identity solutions.
- Ping IdentityintegrationIAM integration partner. Ver.iD authentication product integrates with Ping Identity for unified SSO integration, enabling customers using Ping Identity to enhance authentication with identity apps.
- Microsoft EntraintegrationIAM/CIAM integration partner. Ver.iD authentication product integrates with Microsoft Entra for unified SSO, allowing customers to add identity app verification to existing Microsoft-based identity infrastructure.
- Auth0integrationCIAM integration partner. Ver.iD authentication product works as an add-on to Auth0, enhancing authentication accuracy without replacing existing OpenID Connect solutions.
- Amazon CognitointegrationAWS Cognito integration partner. Ver.iD authentication product integrates with Cognito for enhanced identity verification capabilities within AWS ecosystem.
- JotformintegrationForm platform integration. Ver.iD verification product integrates with Jotform for automated form filling using verified identity data from digital identity apps.
- DigidentitycoreIdentity app partner supporting verification and login. Digidentity has verified over 25 million high-assurance identities and serves 175,000 corporate businesses with verified identities from 180+ nationalities. Listed on UK DIATF and Adobe AATL trust lists.
- NectcoreIdentity app partner supporting verification and login. Germany's and possibly Europe's largest digital identity wallet with 11+ million active users. First wallets to receive eIDAS certification with patented automated video-ident technology.
- YivicoreIdentity app partner supporting verification, login, and issuance. Most privacy-friendly ID wallet in the Netherlands. Free to use for consumers. Supports credential issuance.
- YoticoreIdentity app partner supporting verification and login. UK-based digital identity company founded in 2014. Used across e-commerce, banking, travel, and healthcare industries.
- DatakeepercoreIdentity app partner (initially by Rabobank, now standalone) supporting verification and login. Comprehensive financial data points for mortgages, rentals, and private leases. Contract required for integration.
- NL WalletcoreDutch public ID wallet partner supporting verification and login. Free to use, recognized under revised eIDAS regulation, to be available to Dutch citizens by 2025.
- ReadID (Inverid)coreIdentity app partner supporting verification and login. NFC-first identity verification technology using chip-based ICAO 9303 standard passports and identity cards for tamper-evident verification.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Ver.iD competitors and assessment
Company assessmentDirect peers
- MATTR: MATTR provides a verifiable credentials platform built on W3C and ISO standards, offering issuance, verification, and presentation flows similar to Ver.iD's Credential Service Provider model. Both target regulated enterprises and governments seeking open-standards digital identity infrastructure.
- Trinsic: Trinsic offers an API-first verifiable credentials and digital identity platform with an acceptance network of wallets, closely mirroring Ver.iD's aggregator thesis. They compete for the same enterprise customers integrating W3C VC-based identity flows.
- Indicio: Indicio builds open-source decentralized identity software including credential issuance and verification tooling. It is a direct peer to Ver.iD in the decentralized identity / verifiable credentials space with comparable open-standards architecture.
- SpruceID: SpruceID develops decentralized identity and verifiable credential tools for authentication, KYC, and document signing. It targets similar enterprise and government use cases with comparable open-standards technology.
- Affinidi: Affinidi (backed by Singtel) offers a decentralized identity platform with reusable KYC and verifiable credentials, directly overlapping with Ver.iD's core product suite for regulated industries and cross-border identity.
- Dock.io: Dock Labs provides a decentralized digital identity and verifiable credentials network with APIs for issuance and verification, making it a direct competitor in the credential-service-provider category.
Broad incumbents
- Microsoft Entra Verified ID: Microsoft Entra Verified ID is a broad-incumbent decentralized identity offering from Microsoft deeply integrated into the Entra/Azure ecosystem. It competes with Ver.iD's Authentication and Verification products by leveraging Microsoft's enterprise reach.
- Onfido (Entrust): Onfido, now part of Entrust, is an established global identity verification provider covering KYC, AML, and document verification for banks and fintechs. It overlaps with Ver.iD's Verification product but uses traditional document and biometric checks rather than wallet-based flows.
- ID.me: ID.me is a large US-focused identity verification network used by governments and enterprises for KYC. It represents a broad incumbent alternative for organizations considering wallet-based versus traditional identity verification.
Emerging players
- 1Kosmos: 1Kosmos provides decentralized identity and biometric verification for workforce and customer onboarding, overlapping with Ver.iD's Authentication and Verification products but with a heavier emphasis on biometric-based proofing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ver.iD social profiles
Digital presenceVer.iD compliance and trust
Trust signalCompliance7 records
Ver.iD financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ver.iD leadership team
Management profileNumber of profiles
Profiles3 records
Ver.iD funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ver.iD 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 Ver.iD
What does Ver.iD do?
Ver.iD is a Credential Service Provider platform that aggregates multiple global digital identity apps into a single integration layer, enabling organizations to authenticate users, verify customer identities, and issue verifiable credentials. The platform is delivered via APIs, SDKs, a Dashboard, Widgets, and Plugins, and is built on open standards (W3C Verifiable Credentials, OAuth 2.0 with PKCE, JWT) to support compliance with eIDAS 2.0 and related EU regulations. Customers use QR-code flows to perform identity, age, and business verification across sectors including fintech, insurance, government, events, and age-restricted commerce.
Is Ver.iD a public or private company?
Ver.iD is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ver.iD founded?
Ver.iD was founded in 2021. It employs 1 to 10 people.
Where is Ver.iD based?
Ver.iD is headquartered in Amsterdam, Netherlands, in the Europe region.
How does Ver.iD make money?
Two revenue lines are on record. Credential Services / API Usage is the primary driver. The others are subscription Services.
Who are Ver.iD's main competitors?
Direct peers on record are MATTR, Trinsic, Indicio, SpruceID, Affinidi and Dock.io. Broad incumbents are Microsoft Entra Verified ID, Onfido (Entrust) and ID.me. 1Kosmos is listed as an emerging player.
Does Ver.iD have an API?
Yes. Ver.iD provides an API that enables credential exchange services, supporting OAuth 2.0 with PKCE for secure authentication. The platform processes Verifiable Credentials following W3C VC Data Model and VC Data Integrity standards, and outputs JWTs in multiple open formats. API keys for live and test verifications are available through the Dashboard. Developer documentation is at docs.ver.id.
What industry is Ver.iD in?
Ver.iD's product category is Digital Identity Verification. Its primary akta.pro industry code is BPAMAEAJ, Decentralized Identity (DID) & Verifiable Credentials, with a secondary code of BPAMAEAI, Fraud Prevention & Identity Verification (IDV/KYC). Its NAICS code is 541511 and its SIC code is 7370.