Valid.it Evaluation Solutions

AI-powered Validation of User-provided Information for Online Processes at Scale

Fintech & Insurtech
Private
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Company Overview

Snapshot

Founded in March 2022 by Avivit Yorkevich, Tuff Yen, and Yossi Penias, Valid.it Evaluation Solutions operates with 1–10 employees. The company has secured $3.5 million in total capital across 7 funding rounds from 7 investors. A key milestone for the company was receiving a grant from the BIRD Foundation in January 2024.

Business overview

Valid.it Evaluation Solutions provides an AI-driven, patented technology that integrates into online systems to validate user-provided information in real-time. Leveraging physio-behavioral science, its SaaS solution uses mobile device cameras for applications such as KYC, KYT, loan requests, and insurance claims. The company serves enterprises, insurance companies, and police, operating within the Fintech & Insurtech sector, with a focus on anti-fraud and enterprise solutions.

Strategic signal

In January 2024, Valid.it Evaluation Solutions received a grant from the Israel-U.S. National Industrial Research and Development (BIRD) Foundation as part of a $6.3 million investment across three homeland security projects. This funding, selected by the U.S. Department of Homeland Security (DHS) and the Israel Ministry of National Security (IMNS), signals strong governmental validation of Valid.it's AI-driven threat detection capabilities and its potential for broader application in critical security infrastructure.

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Company Intelligence Q&A

What was a significant recent funding event for Valid.it Evaluation Solutions?
In August 2024, Valid.it Evaluation Solutions received funding from investors. This round was structured as a SAFE.
Which investors participated in Valid.it Evaluation Solutions' May 2024 funding round?
In May 2024, Valid.it Evaluation Solutions secured funding from David Bassa and Creations VC. This funding was structured as a SAFE.
What grant did Valid.it Evaluation Solutions receive in January 2024?
In January 2024, Valid.it Evaluation Solutions received a grant from the BIRD Foundation. This grant was part of a joint venture focused on homeland security projects.
Who were the investors in Valid.it Evaluation Solutions' April 2023 funding round?
In April 2023, Valid.it Evaluation Solutions received funding from Elan Levy and Teuza. This round was structured as a SAFE.
Which investors participated in Valid.it Evaluation Solutions' April 2022 funding round?
In April 2022, Valid.it Evaluation Solutions received funding from TECHSTARS ACCELERATOR INVESTMENTS LLC and Teuza. This round was structured as a SAFE.
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