Veriv adds Rockmont Partners, Confirmation.com founders to board in financial-verification push
What's the deal? Chicago-based VerivDealroom has a profile for this one. Try Dealroom → has secured an investment from Rockmont PartnersDealroom has a profile for this one. Try Dealroom → and appointed financial technology executives Brian Fox and Christopher Schellhorn to its board. Fox, who founded electronic audit confirmation platform Confirmation.com, will serve as board chair. Financial terms were not disclosed.
What does Veriv do? It runs a financial verification network operating in more than 70 countries, connecting businesses, government agencies, and financial institutions with verified financial data drawn directly from the organisations holding the records. Its services support mortgage lending, commercial audits, and government eligibility checks.
Who's backing it? Rockmont joins existing investors Renvent Holdings and Sunriver Capital Partners. Schellhorn previously served as chairman and chief executive officer of Confirmation.com, which Thomson ReutersDealroom has a profile for this one. Try Dealroom → acquired in 2019, and earlier led VISA Interactive.
Why now? The investment follows Veriv's October launch and its first acquisition, bankVODDealroom has a profile for this one. Try Dealroom →, which brought verification relationships across mortgage lending, audit, and government use cases. The new capital and board appointments appear to support a build-and-buy strategy to expand that network.
What's the endgame? Veriv aims to cut reliance on fragmented verification methods by standardising how organisations request, validate, and exchange financial data. "Veriv brings together two teams who have spent their careers solving the same problem: getting trusted financial data to the people who need it, securely and with the customer's consent," chief executive officer Sean Dunlea said.
What's the tech? The network uses patent-pending adaptive delivery technology to connect with financial institutions through their existing response channels. It also supports APIs and the Model Context Protocol, letting clients connect their own AI agents to submit verification requests without those agents accessing institutions' internal systems directly.
The signal: The move is most notable as a strategic push to consolidate fragmented financial-verification services. With the terms undisclosed, Veriv's ability to integrate acquisitions and scale adoption will matter more than the investment itself.
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