Veridocs
Veridocs provides enterprise identity management and ID authentication software through its Evolution Platform, serving casinos, banks, retailers, and hospitality operators with multi-light source document verification, watchlist screening, and facial comparison.
- Company typePrivate
- Founded2007
- HeadquartersLexington, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Veridocs does
Veridocs, Inc. is a privately held identity management software company headquartered in Lexington, Kentucky, founded around 2007. The company builds the Evolution Platform, a browser-based identity management system that combines seven integrated modules for ID authentication (TrueAuthentication using multi-light source verification across white, near-infrared, and ultraviolet spectra), real-time and ongoing watchlist screening (TrueListCheck and TrueListReview), mobile ID verification (TrueVerify), facial comparison (TrueCompare), mobile driver's license authentication (mDL), and document imaging (TrueDoc). Its technology uses computer vision, OCR, barcode extraction, and anomaly detection to verify government-issued identity documents against a proprietary library of domestic and global IDs, and the platform can be deployed as SaaS or installed inside a customer firewall for data residency.
Veridocs' primary market is the regulated casino, gaming, and hospitality vertical, where its technology addresses underage patron fines, AML compliance, self-exclusion enforcement, and patron fraud. Its named customer base includes major operators such as MGM Grand, Caesars Entertainment, Wynn Resorts, Hard Rock International, BetMGM, FanDuel, Penn Entertainment, and Churchill Downs, alongside banking (Investar Bank), car rental (Budget Las Vegas), retail, luxury jewelry, and Fortune 100 data center clients. The company reports 65+ million IDs scanned annually and holds SOC certification.
The business operates on a quote-based enterprise SaaS subscription model with annual billing, sold through direct enterprise field sales supported by an event-driven GTM focused on gaming and hospitality conferences (G2E, HITEC, OIGA, GSX, Tribal Security). The company has built a distribution channel through integration partnerships with gaming platform vendors including IGT, Konami, Aristocrat, Everi, Opera PMS, and Omnigo iTrak, which embed Veridocs within their casino management systems. Veridocs remains privately held with no disclosed venture or private equity funding.
Veridocs firmographics
Firmographics- Name
- Veridocs
- Legal name
- Veridocs, Inc.
- Website
- https://veridocs.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Veridocs provides enterprise identity management and ID authentication software through its Evolution Platform, serving casinos, banks, retailers, and hospitality operators with multi-light source document verification, watchlist screening, and facial comparison.
- Ownership category
- akta.pro rank
Veridocs industry classification
Industry- Product category
- Identity Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Fraud Prevention & Identity Verification (IDV/KYC) (BPAMAEAI)
- akta.pro secondary industry
- Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA)
Keywords
Where Veridocs is headquartered
LocationHeadquarters
- HQ city
- Lexington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Veridocs business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Subscription - Evolution Platform: Cloud-based identity management platform sold as subscription with modules for ID authentication, watchlist management, and document imaging. Pricing available through demo/quote. Enterprise sales motion with multi-module deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Veridocs product offering
Product offeringCore offering
Veridocs provides enterprise identity management and ID authentication software through its Evolution Platform, a browser-based SaaS solution with seven integrated modules covering ID document authentication, watch list screening and monitoring, facial comparison, mobile verification, mobile driver's license (mDL) authentication, and document imaging. The platform authenticates government-issued IDs in under 15 seconds using multiple light sources and screens patrons against regulatory and custom watch lists in real time for KYC compliance, AML, and fraud prevention. Veridocs serves casinos, banks, retailers, hotels, data centers, and government regulators, with deployment options including cloud SaaS or on-premise inside the customer firewall.
Product overview
Veridocs offers a unified Evolution Platform architecture that combines multiple identity management modules. The core platform integrates ID Authentication (TrueAuthentication) for authenticating government-issued documents using multiple light sources, Watch List Management (TrueListCheck and TrueListReview) for screening and monitoring patrons against regulatory and custom lists, Mobile Verification (TrueVerify) for mobile device-based ID scanning, Facial Comparison (TrueCompare) for biometric identity matching, Mobile Driver's License (mDL) authentication for digital IDs, and Document Imaging (TrueDoc) for storing patron documents. The platform is designed for KYC compliance across gaming, banking, hospitality, retail, and visitor management industries.
Differentiator
Problem solved
Functional benefit
Brands
- Evolution Platform: Comprehensive identity management platform integrating ID authentication, watch list management, and related modules for KYC compliance.
- TrueAuthentication®
- TrueVerify™
- TrueListCheck™
- TrueListReview™
- TrueDoc™
- TrueCompare™
Products and services
- Evolution Platform Unified browser-based identity management SaaS platform that integrates ID authentication, watch list management, mobile verification, facial comparison, mDL authentication, and document imaging modules for enterprise KYC compliance. Designed for casinos, banks, retailers, hotels, data centers, and government regulators with optional deployment inside the customer firewall.
- TrueAuthentication ID document authentication software that uses multiple light sources (white light, near-infrared, ultraviolet) to verify security features on government-issued IDs against a proprietary database of domestic and global identification documents, completing scans in under 15 seconds.
- TrueListCheck Real-time watch list screening software that screens patron IDs against regulatory, government, and custom watch lists including FBI Most Wanted, SDN lists, and proprietary customer lists to reduce AML risk and compliance violations.
- TrueListReview Watch list monitoring software that performs ongoing compliance checking of enrolled patrons against updated regulatory, government, and custom watch lists, supporting scheduled or on-demand rescrubbing.
- TrueVerify Mobile ID verification module that extends ID authentication capabilities to mobile devices, enabling verification of IDs using smartphone browsers with full Evolution platform integration for age verification or watch list screening.
- TrueCompare Facial comparison software that performs real-time matching between an ID document photo and the live person presenting it using webcam capture to verify the holder is the rightful document owner.
- Mobile Driver's License (mDL) Authentication Mobile driver's license authentication module that establishes a secure connection between the reader and the patron's phone, using the issuing authority's public key to authenticate digital IDs via QR code or NFC tap with patron-controlled data sharing.
- TrueDoc Document imaging module that securely scans and stores signature cards, applications, and other patron documents under patron profiles in a TWAIN-compliant interface within the customer firewall.
Quantifiable outcome
- 65+ million IDs scanned annually
- +5 more outcomes
Companies that use Veridocs
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
Veridocs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability5 records
Feature7 records
Veridocs partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Opera (Opera Software)coreIntegration partnership for hotel/casino property management systems. Veridocs integrates with Opera PMS to automate guest ID data entry during check-in, reducing manual data entry and improving compliance documentation.
- International Game Technology (IGT)coreGaming technology integration partner. IGT gaming systems incorporate Veridocs ID authentication for player enrollment and compliance at casinos.
- KonamicoreGaming systems integration. Veridocs integrates with Konami casino management and slot systems for seamless identity verification and player tracking.
- EvericoreFinancial technology and gaming systems integration. Everi Financial and gaming products incorporate Veridocs ID authentication for compliance.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Veridocs competitors and assessment
Company assessmentDirect peers
- AuthenticID: AI-driven identity verification and fraud prevention platform serving financial services, telecom, and age-restricted verticals. Comparable to Veridocs' document + biometric verification approach but delivered primarily through software/mobile.
- Regula: Document authentication hardware and software provider with multi-light source ID verification technology. Direct technical peer to Veridocs' TrueAuthentication, serving banking, government, and age-restricted verticals globally.
- Intellicheck: Identity verification platform focused on age-restricted retail, financial services, and law enforcement — closely overlapping with Veridocs' banking, retail, and gaming customer base. Comparable in size and target verticals, with similar focus on fraud prevention.
- IDEMIA: Global identity and biometrics provider with a strong presence in casino gaming, banking, and government ID programs. Direct competitor to Veridocs in multi-light source document authentication and age/identity verification for regulated industries.
Broad incumbents
- IDology (GBG): Identity verification and KYC platform owned by GBG, focused on U.S. financial services and age-restricted markets. Directly comparable to Veridocs' banking and gaming verticals, with broader incumbent scale.
- Acuant (GBG): Identity verification and fraud prevention platform owned by GBG, offering document authentication, KYC, and AML compliance at global enterprise scale. Broader incumbent overlapping Veridocs' banking and age-restricted retail customers.
- Onfido (Entrust): AI-based identity verification platform now part of Entrust, serving global financial services and digital businesses. Competes with Veridocs on document authentication and KYC, with a much larger sales and R&D footprint.
- Jumio: Large-scale AI-powered identity verification platform serving fintech, banking, and online gaming. Overlaps with Veridocs in KYC and document verification but operates primarily as a software/SaaS incumbent with broader geographic coverage.
Emerging players
- Persona: Configurable identity verification platform serving fintech, gaming, and age-restricted online businesses. Emerging competitor to Veridocs in KYC and document authentication, with rapid product velocity and well-funded growth.
- Veriff: AI-native identity verification company focused on document + biometric authentication for fintech, mobility, and online gaming. Competes with Veridocs for banking and age-restricted digital use cases through a software-first model.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Veridocs social profiles
Digital presenceVeridocs compliance and trust
Trust signalCompliance1 record
Veridocs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veridocs leadership team
Management profileNumber of profiles
Profiles5 records
Veridocs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veridocs 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 Veridocs
What does Veridocs do?
Veridocs provides enterprise identity management and ID authentication software through its Evolution Platform, a browser-based SaaS solution with seven integrated modules covering ID document authentication, watch list screening and monitoring, facial comparison, mobile verification, mobile driver's license (mDL) authentication, and document imaging. The platform authenticates government-issued IDs in under 15 seconds using multiple light sources and screens patrons against regulatory and custom watch lists in real time for KYC compliance, AML, and fraud prevention. Veridocs serves casinos, banks, retailers, hotels, data centers, and government regulators, with deployment options including cloud SaaS or on-premise inside the customer firewall.
Is Veridocs a public or private company?
Veridocs is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Veridocs founded?
Veridocs was founded in 2007. It employs 11 to 50 people.
Where is Veridocs based?
Veridocs is headquartered in Lexington, United States, in the North America region.
How does Veridocs make money?
One revenue line is on record: saaS Subscription - Evolution Platform.
Who are Veridocs's main competitors?
Direct peers on record are AuthenticID, Regula, Intellicheck and IDEMIA. Broad incumbents are IDology (GBG), Acuant (GBG), Onfido (Entrust) and Jumio. Emerging players are Persona and Veriff.
Does Veridocs have an API?
Yes. Veridocs offers API integration capabilities allowing customers to use ID authentication and watch list management within their existing systems. The company shares API capabilities for integration with various applications.
What industry is Veridocs in?
Veridocs's product category is Identity Management Software. Its primary akta.pro industry code is BPAMAEAI, Fraud Prevention & Identity Verification (IDV/KYC), with a secondary code of FSAGAFAA, Identity Verification & Digital ID (IDV, eIDAS, biometrics). Its NAICS code is 5182 and its SIC code is 7372.