DataVerify
DataVerify is a US-based B2B SaaS provider of the DRIVE platform — a configurable fraud detection and workflow automation solution — sold to mortgage lenders through an enterprise field sales motion across six service modules.
- Company typePrivate
- Founded1948
- HeadquartersChesterfield, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What DataVerify does
DataVerify is a private US-based B2B software company headquartered in Chesterfield, Missouri, that sells fraud detection, workflow automation, and verification services to mortgage lenders. Its core product is the DRIVE platform, a deeply configurable single-platform solution that allows lenders to build tailored reports and automation workflows across the loan manufacturing process, from application intake through underwriting and portfolio monitoring. The company operates a platform-plus-modules architecture: DRIVE serves as the core, with six specialized service modules — Fraud & Risk Mitigation, Workflow & Task Automation, Verification Services, Flood Zone Determinations, Undisclosed Debt & Liability Solutions, and Property Risk & Valuation Services — that extend platform functionality.
DataVerify monetizes through B2B SaaS subscriptions sold via an enterprise field sales motion targeting mid-to-large mortgage lending institutions, with quote-based pricing and "Request a Demo" / "Schedule Today" entry points. Marketing channels include industry tradeshows and conferences, a resource center with whitepapers and case studies, LinkedIn engagement, and direct demo-driven outreach. The company claims "hundreds of recognized brands" as customers and cites a customer outcome of saving nearly 4 hours per loan through workflow automation.
The company operates as an independent private entity with no disclosed ownership, funding history, management team, or M&A activity. Its footprint is domestic (United States), its vertical is exclusively mortgage lending, and it has not disclosed revenue, headcount, certifications, patents, or strategic partnerships in the available source material.
DataVerify firmographics
Firmographics- Name
- DataVerify
- Legal name
- DataVerify
- Website
- https://dataverify.com
- Company type
- Private
- Founded year
- 1948
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- DataVerify is a US-based B2B SaaS provider of the DRIVE platform — a configurable fraud detection and workflow automation solution — sold to mortgage lenders through an enterprise field sales motion across six service modules.
- Ownership category
- akta.pro rank
DataVerify industry classification
Industry- Product category
- Mortgage Fraud Detection Software
- NAICS
- Other Activities Related to Credit Intermediation (522390)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Underwriting Automation & Income/Employment Verification (FSAGAHAD)
- akta.pro secondary industries
- Credit & Underwriting Data Services (alt data feeds, affordability, bureau augmentation) (FSAGACAH), Mortgage Secondary Data, Analytics & Pricing/Valuation Services (FSALAFAN)
Keywords
Where DataVerify is headquartered
LocationHeadquarters
- HQ city
- Chesterfield
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
DataVerify business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: DataVerify operates on a B2B SaaS subscription model, providing mortgage lenders access to its DRIVE platform for fraud detection, workflow automation, and verification services. The platform is configured per lender's specific risk concerns and sold as an enterprise solution.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
DataVerify product offering
Product offeringCore offering
DataVerify sells a B2B SaaS fraud detection and workflow automation platform (DRIVE) to mortgage lenders, alongside a suite of services covering fraud and risk mitigation, loan processing automation, identity/employment/income verification, flood zone determination, undisclosed debt monitoring, and property risk and valuation. The platform is deeply configurable per lender and supports the full loan manufacturing process from application through underwriting.
Product overview
DataVerify offers a platform-plus-modules architecture centered on the DRIVE platform, a deeply configurable fraud detection solution for mortgage lenders. The DRIVE platform serves as the core product, while six specialized service modules — Fraud & Risk Mitigation, Workflow & Task Automation, Verification Services, Flood Zone Determinations, Undisclosed Debt & Liability Solutions, and Property Risk & Valuation Services — extend its capabilities. These modules work together to provide comprehensive fraud prevention and workflow automation throughout the loan manufacturing process.
Differentiator
Problem solved
Functional benefit
Brands
- DRIVE Platform: A deeply configurable fraud detection platform designed to meet specific risk concerns through configurable reports on a single platform.
Products and services
- DRIVE Platform A deeply configurable fraud detection platform designed to meet specific lender risk concerns through configurable reports on a single platform, used by mortgage lenders to gain insight and efficiency throughout the loan manufacturing process.
- Fraud & Risk Mitigation Fraud detection and risk mitigation services trusted by hundreds of recognized brands in the mortgage industry, providing risk mitigation capabilities throughout loan manufacturing.
- Workflow & Task Automation Loan application processing and underwriting automation that acts as a force multiplier for lenders, enabling tailored automation workflows that improve efficiency throughout loan processing.
- Verification Services Identity, employment, and income verification tools that help mortgage lenders avoid approving fraudulent or risky loan applications.
- Flood Zone Determinations Flood zone determination services with aerial map reporting and integration into automated workflows, used by mortgage lenders to protect loan portfolios from unnecessary flood-related risk.
- Undisclosed Debt & Liability Solutions Undisclosed debt monitoring and liability-exposing tools that leverage affiliate-provided data to help lenders reduce risk, save time, and improve the borrower experience.
- Property Risk & Valuation Services Property risk identification and valuation tools that help mortgage lenders protect their business from loan buybacks, regulatory penalties, and other costly consequences.
Quantifiable outcome
- Lenders save nearly 4 hours per loan with workflow automation
- +1 more outcomes
Companies that use DataVerify
Customer profileSegments1 record
Ideal customer profiles1 record
DataVerify technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature7 records
DataVerify partnerships and signals
Strategic signalScale indicators2 records
Expansion highlights5 records
DataVerify competitors and assessment
Company assessmentDirect peers
- LoanLogics: LoanLogics is a mortgage technology provider focused on loan quality, loan-level analytics, and fraud detection throughout the loan manufacturing process, making it a direct functional peer to DataVerify's DRIVE platform.
- nCino: nCino is a cloud-based banking and lending platform offering workflow automation and credit decisioning capabilities to financial institutions, with mortgage-lending functionality that overlaps with DataVerify's workflow and verification modules.
- ICE Mortgage Technology: ICE Mortgage Technology (formed from the merger of Ellie Mae and Black Knight) is the dominant provider of loan origination systems and adjacent mortgage technology, directly competing with DataVerify's DRIVE platform across fraud, verification, and workflow automation for mortgage lenders.
- FICO: FICO provides credit scoring, fraud detection, and decisioning platforms widely used in mortgage underwriting, directly overlapping with DataVerify's fraud detection, credit decisioning, and income/employment verification offerings.
- CoreLogic: CoreLogic (now part of ICE) provides property data, valuation, and risk analytics to mortgage lenders, directly overlapping with DataVerify's Property Risk & Valuation Services and flood zone determination offerings.
- Mortgage Cadence: Mortgage Cadence (an ICE Mortgage Technology company) provides an enterprise loan origination system and workflow automation tools, directly competing with DataVerify's workflow and underwriting automation modules for mortgage lenders.
- Sagent: Sagent provides mortgage servicing and loan technology solutions, competing with DataVerify in adjacent mortgage workflow automation and risk mitigation, with overlap in lender technology stacks for loan manufacturing.
Broad incumbents
- Equifax: Equifax is a major credit bureau offering consumer credit reports, identity verification, and mortgage-specific data services that overlap with DataVerify's verification and undisclosed debt monitoring capabilities, though as part of a much broader data portfolio.
- Experian: Experian is a global credit bureau and data analytics provider serving mortgage lenders with credit reports, fraud detection, and verification services, competing with DataVerify while serving many other industries as well.
- LexisNexis Risk Solutions: LexisNexis Risk Solutions provides identity verification, fraud detection, and underwriting data to mortgage lenders, overlapping with DataVerify's verification services and fraud detection modules as part of a broad risk analytics portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
DataVerify social profiles
Digital presenceDataVerify financial estimates
Financial estimateRevenue estimate
Valuation estimate
DataVerify leadership team
Management profileNumber of profiles
DataVerify funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DataVerify 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 DataVerify
What does DataVerify do?
DataVerify sells a B2B SaaS fraud detection and workflow automation platform (DRIVE) to mortgage lenders, alongside a suite of services covering fraud and risk mitigation, loan processing automation, identity/employment/income verification, flood zone determination, undisclosed debt monitoring, and property risk and valuation. The platform is deeply configurable per lender and supports the full loan manufacturing process from application through underwriting.
Is DataVerify a public or private company?
DataVerify is a private company. It is classified as unknown and is currently operating.
When was DataVerify founded?
DataVerify was founded in 1948. It employs 51 to 100 people.
Where is DataVerify based?
DataVerify is headquartered in Chesterfield, United States, in the North America region.
How does DataVerify make money?
One revenue line is on record: saaS Platform Subscription.
Who are DataVerify's main competitors?
Direct peers on record are LoanLogics, nCino, ICE Mortgage Technology, FICO, CoreLogic, Mortgage Cadence and Sagent. Broad incumbents are Equifax, Experian and LexisNexis Risk Solutions.
Does DataVerify have an API?
No public API is recorded for DataVerify.
What industry is DataVerify in?
DataVerify's product category is Mortgage Fraud Detection Software. Its primary akta.pro industry code is FSAGAHAD, Underwriting Automation & Income/Employment Verification, with a secondary code of FSAGACAH, Credit & Underwriting Data Services (alt data feeds, affordability, bureau augmentation). Its NAICS code is 522390 and its SIC code is 7320.