Verifix has raised $500,000 to expand into new markets

Verifix has closed a $500,000 investment round

Uzbek startup Verifix has raised $100,000 from venture capital fund SQB Ventures.

The company previously received investments from the funds AloqaVentures ($250,000) and IT Park Ventures ($150,000). Thus, the total amount of funds raised amounted to 500 thousand dollars.

The funding will be used to expand operations in the Caucasus and Central Asia, develop new functional modules, grow the team and prepare for the entry into the Middle East market.