Veriff vs Wiz

By valuation, Wiz is the larger company at $32B versus $1.5B — a 21.3x difference. Size can also be measured by team: Veriff employs 500-1000 people while Wiz has 1250 employees.

Wiz has raised more in total funding at $1.9B, compared to Veriff's $192M — a gap of $1.7B. Combined, the two companies have completed 5 known funding rounds.

Wiz holds the higher Awaira Score at 95/100, compared to Veriff's 83/100. The Awaira Score is a composite metric factoring in valuation, funding, stage, team size, and market presence — a 12-point gap that reflects meaningful differences in scale or traction.

Veriff was founded by Kaarel Kotkas in 2015. Wiz was founded by Assaf Rappaport in 2020. Visit each company's profile on Awaira for a full founder biography.

Veriff: Veriff provides AI-powered identity verification software, using computer vision and machine learning to authenticate identity documents and match biometric selfies in real-time during remote digital onboarding flows for financial services, mobility, gaming, and sharing economy companies. The Tallinn-founded company platform processes identity verifications across more than 230 countries and supports over 10,000 document types in its classification and fraud detection models.\n\nThe company raised approximately $192 million including a $100 million Series C round led by Tiger Global, reaching a valuation of $1.5 billion. Veriff counts Bolt, Monzo, Wise, and numerous regulated enterprise clients among its customers, processing millions of identity verifications monthly as a critical compliance infrastructure component for digital-first businesses. The company has expanded from Tallinn with offices in Tallinn, London, New York, and Barcelona, reflecting both its European origin and its growing US market penetration.\n\nVeriff competes in the global identity verification market alongside Onfido (acquired by Entrust), Jumio, and Persona, with the market expanding rapidly as digital financial services, crypto exchanges, and sharing economy platforms face increasing KYC regulatory requirements. Its differentiation includes unusually broad document type coverage, high automation rates on complex and degraded document images, and fraud detection models trained on a large global dataset of identity fraud attempts. Veriff represents one of the most successful technology exits from the Estonian startup ecosystem and a flagship example of Baltic technology entrepreneurship. Wiz: Wiz is an Israeli cloud security company founded in 2020 that specializes in cloud infrastructure entitlement management and security. The platform provides real-time visibility and control across cloud environments, focusing on identifying and remediating security risks in Infrastructure-as-a-Service (IaaS) platforms including AWS, Azure, and Google Cloud. Wiz's core offering combines cloud asset inventory, vulnerability management, and identity and access management capabilities to detect misconfigurations and unauthorized access paths. The company employs graph-based analysis to map attack paths and prioritize remediation efforts based on actual risk exposure rather than theoretical vulnerabilities. Wiz has achieved significant market traction, reaching a $32 billion valuation following substantial funding rounds totaling $1,900 million. The company serves enterprise customers across financial services, technology, and healthcare sectors. Its competitive positioning emphasizes speed of deployment and accuracy in threat detection compared to traditional cloud security solutions. Wiz demonstrates strong growth trajectory with rapid customer acquisition and expansion of platform capabilities. The company has been acquired, representing a significant exit in the cloud security market. Its success reflects growing enterprise demand for comprehensive cloud security solutions as organizations accelerate cloud migration and require sophisticated tools to manage expanding attack surfaces and identity-based threats in distributed cloud infrastructures. Wiz's graph-based approach to mapping attack paths within cloud environments differentiates it from traditional vulnerability scanning tools.

Veriff was founded first in 2015, giving it 5 years of additional market experience. Wiz was founded later in 2020. In AI, even a year or two of head start can translate into significantly more training data, customer relationships, and institutional knowledge.

Veriff has approximately 500-1000 employees, while Wiz has approximately 1250. A larger team often signals higher revenue or venture backing, but in AI, smaller teams are increasingly capable of building at scale.

Yes, Veriff and Wiz are direct competitors — both operate in the AI Security space and likely target overlapping customer segments. This comparison is especially relevant for buyers evaluating both platforms.