Observed Signal · Sep 16, 2026 · Funding · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
Funding Market: Veridion raises $20M for live business intelligence platform
Bucharest-based business intelligence startup Veridion (formerly Soleadify) has raised $20 million (€17.5 million) in Series A funding led by Hoxton Ventures, with participation from Underline Ventures, OTB Ventures, Gapminder, Day One Capital, and Launchub. The company provides a continuously updated 'live business graph' covering around 640 million businesses worldwide, analyzing billions of digital signals from public sources. The funding will support international expansion, product development, and team growth. Veridion serves over 100 organizations and employs more than 60 people across Europe and North America. The platform aims to replace static, quarterly-updated business intelligence with real-time, decision-grade data for enterprise-scale systems, helping organizations understand commercial risk, market shifts, and supply chain disruptions.
Funding round for a business intelligence startup, relevant to the data and intelligence segment of the AdTech/MarTech ecosystem, but not a major industry shift.
Key Takeaways & Evidence Grounding
- Veridion raised $20 million (€17.5 million) in Series A funding led by Hoxton Ventures.
- The round included participation from Underline Ventures, OTB Ventures, Gapminder, Day One Capital, and Launchub.
- Veridion's platform covers around 640 million businesses worldwide (up to 642 million).
- The company serves more than 100 organizations and employs over 60 people across Europe and North America.
- Funding will support international expansion, product development, and team growth.
Connected Companies & Entities
2 Entities mappedHoxton Ventures
Investor / PEEuropean pre-seed and seed venture capital investor.
“The round was led by Hoxton Ventures....”
Underline Ventures
Investor / PEEarly-stage venture fund backing Eastern European founders with global ambitions.
“with participation from existing investors Underline Ventures, OTB Ventures, Gapminder, Day One Capital and Launchub....”
Ontology Mapping & Concepts
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