Product Launch Press Release

FOR IMMEDIATE RELEASE VerifyAI Raises £4.2M Seed Round to Transform Enterprise Content Authenticity Verification LONDON, 11 March 2026 — VerifyAI, the London-based startup building AI-powered content authenticity tools, today announced the close of a £4.2 million seed funding round led by Horizon Ventures, with participation from Seedcamp and three unnamed family offices. The funding will be used to accelerate product development and expand the company's enterprise sales team. VerifyAI's flagship product, AuthentiCheck, allows enterprises to scan long-form content, research reports, and AI-generated documents for factual inconsistencies, fabricated citations, and hallucinated statistics. The product has been in private beta since November 2024 and has processed over 2.3 million documents to date. "Enterprise teams are generating more content with AI than ever before, and the liability exposure from publishing inaccurate information is growing exponentially," said Marcus Chen, CEO and co-founder. "AuthentiCheck gives compliance teams the confidence to publish at scale without manually reviewing every document." The global content verification market is projected to reach $47 billion by 2028, growing at a compound annual growth rate of 34%, according to a 2025 report by Gartner Research titled "The Truth Economy." VerifyAI claims its technology reduces factual error rates in AI-generated content by 94% compared to manual review processes — a figure derived from internal benchmarking conducted on a proprietary dataset of 12,000 enterprise documents. "VerifyAI has built something genuinely differentiated," said Sarah Kim of Horizon Ventures. "The accuracy benchmarks we saw during due diligence were the best I've seen in this category." Kim previously led investments in Anthropic, Cohere, and Mistral before joining Horizon. The company reports that enterprise customers include three FTSE 100 companies and two major US financial institutions, none of which could be named due to confidentiality agreements. Monthly recurring revenue has grown at 180% month-on-month since the product launched in private beta, with current ARR of approximately £890,000. AuthentiCheck competes primarily with Originality.ai, which reports 97.3% accuracy on hallucination detection, and TrustLayer, a San Francisco-based startup that raised $28 million in Series A funding in January 2025. Unlike these competitors, VerifyAI claims to use a proprietary four-stage adversarial verification system that the company says is covered by two pending patents filed in January 2026. The company plans to launch its public API in Q2 2026 and a self-serve SME pricing tier in Q3 2026. Enterprise pricing starts at £2,400 per month for up to 50,000 document pages. About VerifyAI VerifyAI was founded in 2024 by Marcus Chen and Dr. Priya Sharma, former researchers at DeepMind and Google Brain respectively. The company is headquartered in London's Old Street tech cluster and currently employs 14 people. Media contact: press@verifyai.co.uk