Invest in the settlement standard for the digital economy
Verit Global’s VGoS turns event streams into provably correct payouts, gating disbursements on math and evidence — not guesswork. We sit above existing rails to make outcomes penny-exact, audit-ready, and fraud-resistant.
- Category
- Deterministic settlement layer (above your payout rails)
- Wedge
- Ticketed events (sports & concerts), then creators, marketplaces, usage-based SaaS & AI
- Moat
- Determinism + proof-gated disbursement + privacy-first transcripts — patent-backed
- Model
- Volume-based + enterprise; proof/reporting add-ons
Investment highlights
Visa-scale thesis, payout layer
Past payment revolutions (cards → online → mobile) became infrastructure. The next wave is provable digital rewards & payouts — correctness guaranteed before funds move.
Deterministic by design
Canonical order + fixed-precision math + transcripted outputs enable byte-identical replays and reason-coded gating.
Keep your rails
We overlay above Stripe/Adyen/Hyperwallet/etc. to gate disbursements. Faster adoption; no rip-and-replace.
Measurable outcomes (pilot)
- DSO ≤ 1 day
- Disputes ≤ 0.5%
- Fraud leakage ≤ 0.3%
IP & standard play
Patent-backed claims around transcript-gated disbursement and re-shard invariance; built to set the standard.
Capital efficient path
Design-partner GTM, basis-point pricing, modular features (privacy/fraud/predictive) for expansion.
Why now — the trust unlock
The pattern repeats
- 1950s — Credit cards: safer than cash
- 2000s — Online payments: safer than mail
- 2010s — Mobile: safer than cards
- 2020s — Provable payouts: guarantees vs. promises
Each unlock solved a trust gap and became infrastructure. VGoS applies that same playbook to payouts.
The category problem (large & persistent)
- Concurrency and version drift create mispays
- Fraud/IVT triggers blanket freezes and clawbacks
- Compliance & audit demand evidence, not dashboards
Our engine upgrades payouts from “best-effort” to provable.
Moat & IP
Why we win and stay won
- Deterministic compute: replays match by bytes
- Proof-gated disbursement: funds move only when evidence is fresh & in quorum
- Privacy-first transcripts: auditors verify digests, not raw PII
- Migration guard: dual-run equality before promotion
Patent value trajectory (indicative)
| Stage | Legal posture | What changes | Patent-only value |
|---|---|---|---|
| 1 | Non-prov filed (+PCT) | Build-vs-buy calculus starts | $0.25–1.5M |
| 2 | Notice of Allowance | Legal risk drops; maps to product | $1–5M |
| 3 | Issued + continuation | Claim runway for leverage | $5–20M |
| 4 | Mini-portfolio (EU/UK) | Hard to design around | $10–50M |
Ranges are indicative; company value scales higher with pilots/ARR and lighthouse accounts.
Traction & pilot KPIs
Design partner wedge: Ticketed events (on-sale spikes, refunds, multi-party splits); expansion to creators, marketplaces, and usage-based SaaS & AI.
Go-to-market & business model
GTM motion
- Overlay pilot with one high-risk cohort (5–10%)
- Publish transcript digests + reason-coded holds
- Co-sell with proof/ledger partners; reference architecture with rails
Monetization
- Volume-based fee (bps) on covered payouts
- Enterprise tier: SLA, audit packs, SSO, data residency
- Add-ons: privacy, fraud, predictive modules
Round details
$10M raise — use of funds
| Category | Allocation | Notes |
|---|---|---|
| Product & Engineering | 45% | Core settlement, dashboard, SDKs; privacy/fraud modules |
| GTM (BD/Partnerships) | 20% | Design partners, rails/ledger co-sell, solution architecture |
| Security & Compliance | 15% | SOC2/PCI audits; privacy programs; threat modelling |
| Support & Ops | 10% | Pilot success, SLAs, onboarding |
| G&A & Legal (IP) | 10% | Continuations, filings, key hires |
18-month milestones (targets)
- 2 lighthouse overlays live (ticketing + one other vertical)
- Digest-match rate ~100%; dispute ≤0.5%; fraud ≤0.3%
- One rails reference design; two integration partners
- Mini-portfolio posture on IP (issued + continuation)
- $1–3M ARR run-rate or 2–3 enterprise expansions
Principal risks & mitigations
Adoption friction
Mitigation: Overlay model above existing rails; dual-run and gate only affected items; fast rollback.
Vendor pushback
Mitigation: Partner with proof/ledger providers; show value to rails via fewer disputes and happier merchants.
False positives / user impact
Mitigation: Reason-coded, surgical holds with clear release paths; bias to not punish good users.
Competitive response
Mitigation: Determinism + transcript-gated disbursement + re-shard invariance as a protected combo; keep continuation open.
Team & hiring plan
Immediate hires
- Founding BD + Solutions Architect (rails/ledger ecosystem)
- Senior Backend (deterministic compute), Security Eng
- Design/UX for audit & finance workflows
Advisors (target)
- Payments/rails executive
- Privacy & compliance lead (GDPR/PCI/SOC2)
- Fraud/abuse expert (platform scale)
Let’s build the settlement standard
Forward-looking statements; metrics are targets for pilots and are not guarantees.