| Founded | 2015 |
|---|---|
| Closed | 2023 |
| Country | Estonia |
| Sector | Fintech |
| Collapse type | Mass Layoff Spiral |
| Founder | Kaarel Kotkas |
Veriff (2023 Crisis)
"Crypto winter killed a third of Veriff's workforce in one brutal January day."
Cascading layoffs that accelerated the decline
Key Events Timeline
Veriff, founded by Kaarel Kotkas in Tallinn in 2015, raised $300M across multiple rounds including a $100M Series C in 2022, valuing the company at $1.
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