Veridion raises $20M Series A for its live business intelligence graph

What's the deal? Romanian startup VeridionDealroom has a profile for this one. Try Dealroom → has raised $20 million in a Series A round to expand its AI-powered platform that tracks continuously updated information on businesses worldwide. Hoxton Ventures led the round, with existing investors Underline VenturesDealroom has a profile for this one. Try Dealroom →, OTB VenturesDealroom has a profile for this one. Try Dealroom →, Gapminder, Day One CapitalDealroom has a profile for this one. Try Dealroom →, and LAUNCHub VenturesDealroom has a profile for this one. Try Dealroom → participating.

What's the endgame? Founded in 2019, Veridion has built what it calls a live business graph — a digital representation of around 640 million businesses that is continuously updated to reflect operational changes. The platform analyses billions of signals from company websites, public registries, regulatory filings, product catalogues, social profiles, and news sources.

Why now? Veridion is targeting banks, investors, and insurers that need more current data as geopolitical events, supply chain disruption, and extreme weather rapidly affect commercial relationships. It positions its technology as a complement to traditional platforms that update company information quarterly or annually.

What they're saying: "Commercial risk now changes by the hour. Information updated quarterly or annually is no longer intelligence. It's history," said Stefan Gergely, head of growth at Veridion.

By the numbers: Veridion serves more than 100 organisations and employs over 60 people across Europe and North America, its largest market. The new funding will support the platform's expansion as the company grows internationally.

The signal: The round sits in the top 10% of all-time Series A deals for enterprise software startups in Romania, a sign of investor appetite for real-time data infrastructure as businesses seek faster ways to read a volatile commercial landscape.

Read more: Tech.eu

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