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Simple Verity Inc.

Business credit reports on every SMB in America.

  • Stage Prototype Ready
  • Industry Internet / Web Services
  • Location Seattle, WA, USA
  • Currency USD
  • Founded May 2012
  • Employees 2
  • Website simpleverity.com

Company Summary

Most of the 6 million US businesses have no meaningful credit report or score today. This hinders lending and trade credit between businesses (over $2 trillion in transactions). We've figured out how to create meaningful reports online with Web and email, exceptionally cheap and fast. We also bake in external social and financial data that you can't get by phone or FAX. The result is a usable business credit report where none exists today.

Team

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    Mike Carreno
    CTO

    * Yapta (airline pricing) - head of engineering
    * MongoMusic (music data analysis; sold to MSFT)
    * Princeton; 7 issued patents; licensed pilot

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    Randall Lucas
    CEO

    * Lighter Capital (nonbank lender) - head of credit
    * Voyager Capital ($370 M venture fund)
    * Harvard; Repeat entrepreneur; CFA charterholder

Advisors

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    Alan Smith, Fenwick & West
    Lawyer
    Unconfirmed