ATLANTA, GA - Aug 21, 2025 (UTC) - Verdata, a leading provider of proprietary commercial risk data and analytics, today announced the successful completion of an $8 million Series A funding round. Led by Continental Investors, with participation from 1st & Main Growth Partners, Front Porch Venture Partners, Overline Venture Capital, and several industry leaders, the round brings Verdata’s total funding to $12.45 million. The capital will accelerate product innovation, enhance customer support, and expand market reach across industries such as embedded finance, SMB lending, and commercial insurance. “Verdata is redefining how trust is established in B2B relationships,” said Mike Mondelli, CEO of Verdata. “This funding accelerates product innovation, strengthens support for our customers, and extends our reach across key industries.”
Funding Details
Verdata secured $8 million in its Series A funding round, led by Continental Investors, a venture capital firm specializing in technology-driven solutions. The round included participation from 1st & Main Growth Partners, Front Porch Venture Partners, Overline Venture Capital, and notable industry leaders. This all-equity financing reflects strong investor confidence in Verdata’s platform, which delivers verified risk intelligence to mitigate fraud and compliance risks in B2B commerce.
Strategic Goals and Use of Funds
Verdata will allocate the $8 million to achieve the following strategic objectives:
- Product Innovation: Enhance AI-driven analytics and automation tools to improve the precision and speed of risk assessments for B2B partnerships.
- Customer Support Expansion: Bolster onboarding and support services to ensure seamless platform integration for clients in embedded finance and SMB lending.
- Market Expansion: Target new sectors, including POS financing, commercial insurance, and embedded finance, while expanding geographically in North America.
- Team Growth: Recruit additional talent in engineering, data science, and customer success to drive platform development and client acquisition.
- Partnership Development: Forge integrations with financial institutions, payment processors, and compliance platforms to enhance workflow interoperability.
Historical Funding and Growth
Verdata has raised a total of $12.45 million since its founding. Below is a summary of its funding history:
| Round | Year | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Seed | 2021 | $1.45M | Not disclosed | Not disclosed |
| Seed | 2022 | $3M | Not disclosed | Bobby Mehta, Al Goldstein, Michael Heller, Timothy Li, Shawn Budde |
| Series A | 2025 | $8M | Not disclosed | Continental Investors |
Founded in 2020, Verdata has built a proprietary network covering over 20 million active U.S. businesses. The platform serves clients in SMB lending, POS financing, commercial insurance, and embedded finance, achieving up to 30% reductions in fraud and compliance risks in early deployments. Strategic partnerships, such as with Mesh for automated license verification, underscore Verdata’s growing influence in B2B risk management.
Verdata’s Technology
Verdata’s platform leverages a proprietary network of over 20 million active U.S. businesses to deliver verified insights on business identity, financial stability, service reliability, and regulatory compliance. Powered by AI and predictive analytics, it automates partner onboarding, continuous monitoring, and risk assessment, minimizing manual intervention. Key features include fraud detection, regulatory compliance tools, and the Complaint Hub for managing consumer disputes, enabling clients like embedded finance providers, SMB lenders, payment processors, and banks to mitigate risks and unlock revenue opportunities.
Industry Impact and Challenges
Verdata is transforming B2B commerce by providing scalable risk intelligence that reduces fraud, ensures compliance, and enhances operational efficiency. Clients report significant reductions in compliance-related losses and faster partner onboarding. Challenges include maintaining data accuracy across a dynamic business landscape, integrating with diverse client systems, and competing with established providers like Dun & Bradstreet and Experian. Compliance with regulations such as GDPR and CCPA also remains a critical hurdle.
Market Context and Industry Trends
The $8 million Series A round aligns with the expanding risk analytics market, projected to reach $50 billion by 2028, driven by demand for fraud prevention and compliance solutions in B2B transactions. Recent investments, such as $7 million for FraudScope and $50 million for Vertice, highlight strong investor interest in fintech and risk management technologies. Verdata’s focus on proprietary data and AI-driven insights positions it to capitalize on trends toward embedded finance and automated risk assessment, addressing the complexities of modern B2B ecosystems.
Stakeholder Perspectives
- Mike Mondelli, CEO of Verdata: “Verdata is redefining how trust is established in B2B relationships. This funding accelerates product innovation, strengthens support for our customers, and extends our reach across key industries.”
- Paul Purcell, Principal at Continental Investors: “Team Continental is pleased to lead this round. Verdata’s collaborative approach aggregates fragmented commercial data into proprietary insights that improve customer acquisition, decision-making, and industry-wide efficiency.”
Stakeholder Insights
Investors view Verdata as a pioneer in commercial risk analytics, with its proprietary network addressing critical needs in fraud mitigation and compliance for embedded finance and SMB lending. The participation of Continental Investors and regional venture firms signals strong confidence in Verdata’s scalability and market potential. Analysts suggest that securing high-profile partnerships and demonstrating sustained risk reduction will be key to maintaining a competitive edge in the risk analytics market.
About Verdata
Founded in 2020, Verdata is an Atlanta, GA-based technology company specializing in proprietary commercial risk data and analytics. Its platform supports embedded finance providers, SMB lenders, payment processors, medical financiers, and banks by delivering automated risk assessments and continuous monitoring across a network of over 20 million U.S. businesses. Led by CEO Mike Mondelli, Verdata is backed by Continental Investors, 1st & Main Growth Partners, and other prominent investors.
Future Outlook
Verdata is poised to lead the commercial risk analytics market, leveraging its $8 million Series A to enhance its platform and expand its client base. The company aims to onboard 50 new enterprise clients by 2026 and achieve a 40% reduction in fraud-related losses for its partners. By advancing AI-driven analytics and forging strategic partnerships, Verdata seeks to capture a significant share of the growing risk analytics market, driving trust and efficiency in B2B commerce.
Source : Verdata
