What Vault Verify LLC does

Vault Verify LLC is a human capital management technology company founded in 2012 and headquartered in New Smyrna Beach, Florida. The company provides automated employment and income verification services through real-time APIs, serving verifiers such as employers, background check firms, and government agencies that need to confirm worker status and compensation. Its core product is an API-driven verification platform with a self-service portal (portal.vaultverify.com) for registration and sign-in, designed to replace manual verification workflows that historically required phone calls, fax requests, or PDF-based processes.

The company's revenue model is built on API-based verification services, most likely on subscription or per-call usage pricing for verification API calls routed between employers and third-party verifiers. Its go-to-market focused on enterprise clients, with the August 2021 PSG investment specifically aimed at expanding into Fortune 500 accounts and accelerating product innovation. In 2023, Vault Verify was acquired by Equifax (NYSE: EFX) and integrated into The Work Number platform, Equifax's flagship employment and income verification service. Post-acquisition, the standalone entity operates as a subsidiary within Equifax's strategic operating structure, and existing customer accounts have been redirected to The Work Number ecosystem.

Name

Vault Verify LLC

Legal name

Vault Verify LLC

Website

https://vaultverify.com

Company type

Private

Founded year

2012

Operating status

Acquired

Headcount range

11–50 employees

Short description

Vault Verify LLC provides real-time API-based automated employment and income verification services for employers, background check firms, and government agencies. Now operating as a subsidiary of Equifax within The Work Number verification platform.

Ownership category

akta.pro rank

Product category

Employment Verification Software

NAICS

Investigation and Personal Background Check Services (561611), Payroll Services (541214)

SIC

Finance Services (6199)

akta.pro primary industry

Income & Employment Verification (VOI/VOE, payroll-linked data) (FSAGACAE)

akta.pro secondary industries

Income, Employment & Cash-Flow Verification (Consumer) (FSAKAKAE), Employment Verification (Work History & References) (BPACALAB)

Keywords

• Employment verification
• Income verification
• Real-time APIs
• Human capital management
• Workforce verification

Headquarters

HQ city

New Smyrna Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations

Revenue model

1. API-based Verification Services: Vault Verify provides automated employment and income verification services through real-time APIs. As a human capital management platform provider, the revenue model likely involves subscription or usage-based pricing for verification API calls, serving employers and third-party verifiers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Vault Verify LLC provides an automated employment and income verification platform that delivers verifications through real-time APIs. The service enables employers, background check firms, government agencies, and other third-party verifiers to programmatically confirm employment status and income data, replacing manual verification workflows with instant API-driven responses.

Product overview

Vault Verify LLC offers a unified human capital management verification platform centered on automated employment and income verifications delivered through real-time APIs. The core Vault Verify Platform enables verifiers to automatically confirm employment status and income information, with user access managed through the company's portal system (portal.vaultverify.com) for registration and sign-in. The company was acquired by Equifax, integrating its services with The Work Number platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Vault Verify Platform Automated employment and income verification platform that provides real-time APIs for verifying employment status and income information, designed for verifiers such as employers, background check firms, and government agencies.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• EquifaxflagshipStrategic or Co-development PartnerEquifax acquired Vault Verify, integrating the company into its workforce solutions portfolio. Vault Verify services are now accessible through The Work Number platform. This acquisition positions Vault Verify as part of a major data and verification infrastructure provider.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• HireRight: HireRight provides employment background screening and verification services to enterprises globally; broader incumbent in the same HR verification category as Vault Verify.
• Plaid: Plaid offers income and employment verification products (Plaid Income, Plaid Auth) layered on its open-banking data network; broader fintech infrastructure player with overlapping verification use cases.
• Finicity (Mastercard): Finicity, owned by Mastercard, provides open-banking APIs including income and asset verification; comparable API-driven verification infrastructure serving lenders and fintechs.
• Sterling: Sterling offers background screening and employment verification at enterprise scale; a broader incumbent comparable to Vault Verify on the HR-side verification workflow.
• Yodlee (Envestnet): Yodlee provides financial data aggregation and verification APIs to fintechs and lenders; adjacent infrastructure competitor in API-driven income and account verification.

Direct peers

• Truework: Truework provides automated employment and income verification APIs for lenders, verifiers, and HR teams — directly comparable to Vault Verify's core offering and target customer base.
• The Work Number (Equifax): Equifax's flagship employment and income verification platform; Vault Verify has been integrated into it. Same product category, same verifier buyer, same payroll-data infrastructure.
• Checkr: Checkr is a background-check platform whose employment and identity verification products overlap with Vault Verify's pre-employment screening use cases for HR and gig-economy employers.

Emerging players

• Pinwheel: Pinwheel offers payroll-linked income and employment verification APIs targeting lenders and consumer apps; direct niche competitor in the API-based VOI/VOE category.
• Argyle: Argyle provides real-time income and employment verification via direct payroll integrations; comparable emerging API-first competitor focused on gig and W-2 workforce data.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vault Verify LLC