DataVerify

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.

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

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

• Mortgage fraud detection
• Loan workflow automation
• Verification services
• Flood zone determination
• Property risk valuation

Headquarters

HQ city

Chesterfield

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, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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

Core 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

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Scale indicators2 records

Expansion highlights5 records

Direct 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

• LinkedInlinkedin.com/company/dataverify

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 DataVerify