Voice biometrics startup V2verify joins Dreamit accelerator Fall 2019 lineup
Dreamit Ventures is kicking off its startup accelerator programs for Fall 2019, with 17 startups from across America participating in the Securetech, Healthtech, and Urbantech programs, including voice biometric startup V2verify. The startups will participate in a 14-week program to de-risk their products, build a sales pipeline, pitch to potential customers, improve their investor pitches and funding strategy.
A ‘customer sprint’ over the first 7 weeks culminates in two weeks of pitching, selling, getting feedback, and building relationships with more than 50 organizations in Dreamit’s customer network, according to the announcement, which includes Independence Blue Cross, American Express, IBM, and Blackstone. In the second half, the program shifts focus to fundraising, concluding in a two-week ‘Investor Sprint.’
V2verify was selected from a pool of more than 500 applicants, according to a company announcement. Dreamit has accelerated more than 320 startups, which have collectively raised more than $800 million and have a combined value of over $2 billion. V2verify says it was chosen because of the complex identity and access management problems its voice biometric technology can solve.
“Dreamit Ventures accepts startups into our Securetech Program that are building transformative solutions in cyber, physical, and fraud-based security,” comments Dreamit Securetech Managing Director Bob Stasio. “V2verify’s voice biometric technology has the potential to disrupt the identity and access management space by combining speed, accuracy, and security.”
V2verify can authenticate users within two seconds, and the company’s technology has built-in multi-factor authentication capabilities. The company says it works across all channels and customer touchpoints.
“We are honored to be a part of this elite program,” V2verify CEO and Co-founder Damian De Rozairo. “We look forward to leveraging the Dreamit program and the vast experience of the Dreamit team to help scale our business.”
A recent report from Fortune Business Insights forecasts the market for speech and voice recognition to grow from $6.9 billion to $28.3 billion by 2026.