Verifiable is automating the costly and complex healthcare credentialing process, reducing turnaround times from months to days. The company's API-first platform integrates with a wide range of primary data sources to provide real-time access to provider information like job histories, certifications, and competency statements. This enables Verifiable's healthcare customers, which include Humana, Lyra Health and Modern Health, to get providers serving patients faster while ensuring compliance. By working closely with its internal NCQA-certified credentialing team, Verifiable has sped up credentialing timelines by over 150% in the past two years.

Co-founders Nick Macario and Vivekanand Rajkumar have combined expertise in technology and building scalable systems. Rajkumar has deep experience developing software platforms, while Macario's background is in the technology industry. Verifiable has raised $47 million from investors including Craft Ventures, Highland Capital, and Salesforce Ventures, underscoring the value their solution delivers.

The company has maintained strong revenue growth and capital efficiency through challenging market conditions. However, Verifiable will need to continue demonstrating tangible ROI for customers to win in a competitive market with long sales cycles. With its latest funding, Verifiable plans to further expand its network management products, grow its team, and widen the scope of its verifications - positioning it to become a category leader in healthcare workforce management.