The company says it will use the funds for product development, team expansion, and international growth. Plans include hiring in Romania in 2027.
“This new investment represents an important milestone for Veridion and will allow us to accelerate product development, expand our team, and grow internationally, helping more organizations understand commercial risks before they impact their business,” said Florin Tufan, co-founder and CEO of Veridion.
Alongside Hoxton Ventures, existing investors Underline Ventures, OTB Ventures, Gapminder Venture Partners, Day One Capital, and LAUNCHub Ventures participated in the round. With this round, the company’s total funding reaches $27.5 million, Veridion said. The company did not disclose the valuation at which the investment was made or the stakes acquired by the investors.
Veridion plans to expand its team by approximately 50%. The press release announces an increase in the number of employees in Romania during 2027, without specifying how many positions will be created locally.
(English version by Loredana Fratila-Cristescu)