Konfir raises £2m seed round from Triple Point and Love Ventures to develop verification technology.
Love Ventures and Portfolio Ventures contributed to the seed round to support product development.
Konfir provides a digital platform that offers instant employment and income verification services for businesses. The London-based fintech streamlines onboarding processes for employers, landlords, and lenders.
Konfir has secured £2m in a seed round backed by new and existing investors, including Triple Point, Love Ventures, and Portfolio Ventures, alongside angel investors. The capital will be directed towards product development and the expansion of the firm's verification technology across Europe.
Since its pre-seed funding in early 2022, the fintech has gained traction among background screening firms and major employers. The latest injection of capital arrives during a challenging fundraising climate, reflecting heightened demand for consumer-controlled data verification tools.
From the founder
"the continued support of Triple Point and new investment from Love Ventures, Portfolio Ventures, and our group of angel investors is a testament to the growing demand for instant, consumer controlled employment and income verification in Europe. It's estimated that 30% of the population currently manually verifies this information each year. In a tough fundraising environment, I'm proud of our team's execution over the last year resulting in this capital, which allows us to continue to develop the platform and provide more people with the tools they need to advance through life."
Chris Milligan
CEO at Konfir
Investor perspective
"it's crazy that there's been no single source of instant employment and income data verification until now. This is especially pressing given the huge variety and volume of companies crying out for this crucial data validation when helping customers take on life's big events; whether it's getting a job, house, credit, or anything in between. We believe there's no one better positioned to build this upstream aggregation platform than Chris and the exceptional team he's assembled at Konfir."
Adrian Love
Co-Founder and General Partner, Love Ventures
Use of funds
- 01Continue product development
