Manchester-based Veridox uses artificial intelligence to forensically analyse insurance claim documents and images, flagging manipulations that are often missed by manual reviews. Unlike generic 'red-flag' tools, the platform delivers detailed, explainable findings that show what was altered, why it matters, and where investigators should look next, helping them prepare CPR 35-compliant evidence. In an early pilot with a large insurer, its MVP uncovered roughly £50,000 of suspected fraud in a single case in seconds, demonstrating both speed and monetary impact. Founder Dan Sandler, a former solicitor and repeat entrepreneur, launched the company to address the estimated €13 billion of undetected insurance fraud across Europe each year. Veridox’s explainability aims to help insurers make faster, more informed fraud decisions while supporting litigation needs. The new capital will fund team growth in product and sales. These hires will support a broader market launch of the platform.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2025