Verie Named Finalist in SXSW Accelerator ® Competition

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Smartphone virtual ID app to be showcased among the latest in innovative technologies from around the world.

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Verie, a revolutionary digital security solution that turns smartphones into verified, virtual ID cards, has been selected as a finalist in this year’s coveted SXSW Accelerator competition. The company will compete in Austin for the final round of the seventh annual SXSW Accelerator competition March 14-15, during SXSW Interactive Festival’s Startup Village.

The Accelerator competition brings together leading startups from around the world to present their innovations to a live audience and panel of experts that includes successful entrepreneurs, investors and industry influencers.

From the more than 500 applications received this year, 48 finalists were selected in all, across the following six technology categories: Enterprise and Smart Data, Entertainment and Content, Digital Health and Life Sciences, Innovative World, Social and Wearables. Verie was selected as one of seven companies to make it to the final round of competition in the Social Technologies category.

“With the massive rise of identity theft, data breaches and online fraud, it is imperative to verify the true identity of those you interact with online,” said Jim Drolshagen, Verie’s president and CEO. “Verie makes it simple for users to prove their identity on the Internet and insist that others do the same. Participating in this pitch competition has been a great opportunity for us to make sure corporations and individuals alike know who they are dealing with online.”

“Over the past six years of companies competing in SXSW Accelerator, more than 50 percent have gone on to receive funding in excess of $1.7 billion and 12 percent of the companies have been acquired,” said SXSW Accelerator Event Producer Chris Valentine. “We are looking forward to this year’s competition and expect to see these finalists achieve similar, if not greater, success than our past Accelerator participants.”

With its groundbreaking application of facial-recognition technology, Verie is certainly on the right trajectory. Users create profiles by submitting five-second video clips of their faces and snapshots of the front and back sides of their driver’s licenses through the Verie app. Once the users’ IDs are recorded, face-matched and registered, their smartphones become their online proof of identify, no matter where they go.

This real-time virtual identification addresses numerous previously unmet needs for both businesses and consumers where user verification is crucial, such as online education, pre-employment testing, online gambling and even the online dating world.

About Verie

Verie is a revolutionary digital security solution that turns smartphones into verified virtual ID cards, using sophisticated facial recognition technology. Created by the world’s foremost experts in online security with extensive experience in both the government and private sector, Verie offers users an unprecedented level of personal online security while providing enterprise partners with the means to guarantee the identity of those they interact and do business with online. This real-time virtual identification addresses numerous previously unmet needs for both businesses and consumers where user verification is crucial, such as online education, pre-employment testing, online gambling and even the online dating world. With the massive rise of identity theft, data breaches and online fraud, it is imperative to guarantee the true identity of those you interact with on the Internet. Until now, the online world has operated under a veil of anonymity; with Verie, now you know. To learn more, visit http://www.verie.com.

About SXSW Interactive

The 22nd annual SXSW Interactive Festival returns to Austin from Friday, March 13 through Tuesday, March 17. An incubator of cutting-edge technologies and digital creativity, the 2015 event features five days of compelling presentations and panels from the brightest minds in emerging technology, scores of exciting networking events hosted by industry leaders and an unbeatable lineup of special programs showcasing the best new websites, video games and startup ideas the community has to offer. From hands-on training to big-picture analysis of the future, SXSW Interactive has become the place to preview the technology of tomorrow today. Join us in March 2015 for the sessions, the networking, the evening events, the 18th Annual SXSW Interactive Innovation Awards, SXSW Accelerator, the SXSW Gaming Expo, the SXSW Trade Show, SXSW Create, the Digital Creative Job Market, cross-industry conversations with attendees from SXSW Film and SXSW Music, and most of all, the unforgettable inspirational experiences that only SXSW can deliver.

SXSW Interactive 2015 is sponsored by Miller Lite, Esurance, AT&T, IFC, Mazda, Monster Energy, McDonald’s, Philips and The Austin Chronicle.

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Emily Thomson
Leverage PR
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