Published: Apr 19, 2021
Focus: NPIF Maven Equity Finance
NPIF Maven Equity Finance originally invested in the business in 2017, today’s follow-on investment will allow the business to embark on a programme of rapid growth, making key hires across its management team and supporting the company as it expands its customer reach.
The eviid platform enables businesses to use live and recorded smartphone video in their processes, connecting with workers in the field or assisting customers in submitting video and photos as evidence. Its patented evidential technology ensures all video and image content is verifiable and auditable, as well as opening up opportunities around workflow automation and AI. The technology turns video and photos captured on smart devices into reliable, verifiable evidence that is suitable for use in court proceedings, claims management and compliance cases.
Since CEO John Ridd founded the company in 2008, YR Free has gone beyond simple video integration, evolving the eviid product into a powerful workflow tool and enterprise grade platform. Today, eviid’s patented technology underpins evidential video applications for some of the biggest names in insurance, FM, security and infrastructure across the UK and internationally including Australia, India, Europe and the US.