Verified Metrics Overview
Verified Metrics is a pioneering fintech company dedicated to enhancing transparency and efficiency in private investments through automated data collection and financial modeling. Originally founded as Gini Technology Co. in 2018, the company rebranded in 2021 to focus on streamlining due diligence processes for private market investors, offering a platform that is notably faster and more cost-effective.
Core Services and Achievements
- The company's platform automates key financial tasks, including due diligence, financial modeling, and real-time portfolio reporting, reducing time and costs by making the process 3x faster and 85% cheaper than traditional methods.
- Tools offered include automated data collection from various financial systems, real-time monitoring, and AI-driven insights to detect financial discrepancies early.
- Achieving a 99% portfolio company retention rate six months into service, the platform is both effective and reliable.
Mission and Vision
Verified Metrics is committed to increasing trust and transparency within private markets, aspiring to set the gold standard in investment metric verification by prioritizing accuracy and integrity.
Leadership
- Ray Wyand: Founder and CEO, with a background from King's College London and experience at Gini and Citi. His focus is on automating financial reporting for private investors.
- Victor Lang: Co-Founder and COO, based in Chicago, IL, with over 16 years of experience in building and investing in companies, specializing in private equity and venture capital due diligence. He has a substantial professional network, with 500+ LinkedIn connections.
Company Values
- Innovation: Continuously advancing technology to solve client challenges.
- Trustworthiness: Upholding ethical standards and ensuring data security.
- Customer Obsession: Focusing on client success through user-friendly solutions.
- Simplicity: Enhancing user engagement by simplifying financial processes.
- Teamwork and Growth Mindset: Encouraging collaboration and lifelong learning.
Client Testimonials
- David Weiss, Pershing Ventures: Praises the significant time savings and enhanced due diligence capabilities.
- Mark Muñoz, Vectr Fintech: Highlights improved company strength through shared data insights.
Technology and Market Position
Leveraging SaaS solutions, Verified Metrics ensures clients work with the most current financial data, supporting more informed decisions across venture capitalists and advisors. Its transformative impact lies in streamlining complex financial tasks to enhance investment confidence.
Competitive Landscape and Positioning
Verified Metrics competes in the financial verification space, focusing on venture capital and private equity sectors, alongside notable firms such as DiligenceVault, aiFlow, Gini, Asset-Map, Koyfin, and Spreadsheet Server.
Highlighted Competitor Analysis
- DiligenceVault: Founded in 2014, backed by Goldman Sachs, it offers SaaS solutions simplifying due diligence across multiple fund structures.
- Asset-Map: Specializes in financial mapping software focusing on enhanced client relationship management.
- Koyfin: Provides comprehensive data and analytics platforms for independent investors.
Verified Metrics remains unfunded but leverages its specialization in technological automation, providing superior speed, accuracy, and cost-efficiency in financial verification—aligning with industry trends prioritizing digital technology improvements.
This positioning marks Verified Metrics as a robust market player capable of delivering innovative solutions that cater to evolving industry needs and investor demands.