Vouched Raises $6.3M in Funding

Vouched, a Seattle, WA-based provider of an AI-driven identity verification platform, raised $6.3M in funding.

The round, which has raised more than $18m to date, was led by BHG VC, SpringRock Ventures, Darrell Cavens and Mark Vadon.

The company intends to use the funds to enhance its platform, recruit talent, and extend its support for financial services and healthtech businesses.

Founded in 2018 and led by John Baird, Vouched is a provider of AI-based identity verification for regulated and commercial businesses who need to quickly and accurately verify individuals in order to provide access to services, while minimizing fraud risk. The company delivers identity verification, providing a multi-dimensional, dynamic verification of any individual’s identity.

Vouched now serves more than 300 banks, fintechs, and healthcare providers, including Alloy and Hims Health.