Veridion, a Bucharest business intelligence company previously known as Soleadify, has raised €17.5M ($20M) in Series A funding led by Hoxton Ventures.
Underline Ventures, OTB Ventures, Gapminder, Day One Capital and Launchub followed on. The round follows a €5.19M raise in 2023 and a €1.29M seed in 2020.
What Veridion sells is freshness. Its graph holds 461 attributes on each of 642 million companies across 249 countries, tying registrations, site locations and ownership chains into one structure. Public registries, regulatory filings, company websites, catalogues, social profiles and news keep the picture moving.
The pitch is timeliness. Credit and market intelligence tools typically refresh quarterly or annually, leaving gaps when a supplier collapses, a shipping lane closes or a customer’s ownership quietly changes. Veridion sells decision-grade data to market intelligence, credit and risk providers that need to see how companies are operating now rather than when the file was last touched.
Chief executive and co-founder Florin Tufan said the money funds product development, hiring and international expansion. Established data vendors still dominate the category, so Veridion’s case rests on how fresh its underlying signals stay.
