News & Press
February 27, 2024
Verivend raises $125K through Launch NY Investor Network
Verivend capturing marketshare as leading payments solution in trillion-dollar private capital space
Launch NY
January 31, 2024
Meet this year's Inno Fire Awards winners
Leaders are building startups in Buffalo that span industries, from retail to higher education to finance.
The Business Journals
January 9, 2024
Verivend receives investment from Launch NY; now featured on its Investor Network
Launch NY
May 9, 2023
Buffalo startup Verivend finds success by narrowing focus
When Verivend raised a $2.7 million seed round in October 2021, CEO Rodney Reisdorf asked the investors if they would use the startup’s own payment process platform to send the funding.
The Business Journals
April 5, 2023
Company Showcase: Verivend - The Platform Powering How Capital Moves
Effortlessly raise and deploy capital with Verivend, the Buffalo-based startup that is changing the way businesses handle their funding needs.
Finance Magazine
April 4, 2023
A Better Way to Call Capital with CEO of Verivend, Rodney Reisdorf
If you have raised money before you know how difficult and long the process can take. Rodney has always had a passion for creating things from the ground up and scaling successful companies, and he’s doing just that for the private capital industry with Verivend having transacted hundreds of millions of dollars on their platform.
The Cap Table Podcast
April 3, 2023
Verivend partnership highlights Five Star Bank's fintech ambitions
Five Star Bank is courting fintechs in an attempt to find business opportunities far beyond its traditional footprint — and in its own backyard.
The Business Journals
March 17, 2023
2023 Best Tech Startups in Buffalo
The Tech Tribune staff has compiled the very best tech startups in Buffalo, New York.
The Tech Tribune
January 9, 2023
Front Lines Media, Category Visionaries Podcast
In today’s episode of Category Visionaries, we speak with Rodney Reisdorf, CEO of Verivend, a payments platform operating exclusively in the private capital space, about why this most finance-orientated sector has been left behind by the fintech revolution, and how Verivend is set to disrupt the way transactions take place.
Front Lines Media
July 7, 2022
Shoobx® and Verivend Partner to Help Startups and Investors More Easily Manage Capital
Shoobx partnering with Verivend to help VCs and Startups move money safely, quickly, and with complete end-to-end visibility
Shoobx
February 4, 2022
The Editorial Board: As 43North's entrepreneurs make clear, their success is also Buffalo’s
If, after decades of struggle and only a few years of revival, anyone still doubts the allure of Buffalo, they should sit down with winners of 43North, the state-sponsored business competition that is making this city a hub for startups and a magnet to entrepreneurs from around the world.
The Buffalo News
January 28, 2022
Thirty-five local startups raised a collective $530 million in Buffalo last year
In the first seven years of Business First closely counting startup deals in Buffalo, locally based companies never raised more than a collective $260 million. Then came 2021. Area startups smashed their previous pace of funding last year, with 35 companies raising more than $530 million.
The Business Journals
January 19, 2022
Office Envy: New 43North companies settle in at Seneca One
43North's newest winners are settling into Buffalo just as winter truly takes hold along with our time-honored weather cliches (Insane snowstorm leaves more than a foot in some neighborhoods and less than a dusting in others? Check. Freezing temperatures during a Bills home playoff game? Check.).
The Business Journals
January 3, 2022
10 startups to watch in Buffalo in 2022: Centivo, Verivend, ShearShare and more
Buffalo Inno is expanding its “Startups to Watch” feature this year to 10 companies, a reflection of the overall growth of Buffalo’s startup scene.
The Business Journals
December 6, 2021
2022 Best Tech Startups in Buffalo
The Tech Tribune staff has compiled the very best tech startups in Buffalo, New York.
The Tech Tribune
October 29, 2021
A behind-the-scenes look at 43North's big night
Stakeholders from all over Buffalo’s business community converged on Shea’s Performing Arts Center on Thursday night for the finale of the 43North business competition.
The Business Journals
October 27, 2021
Ten finalists ready to vie for 43North prize money
The international appeal of the 43North business plan competition was on display in Wednesday's qualifying round for the 19 finalists.
The Buffalo News
October 25, 2021
Lights, pressure, pitch: What 43North finalists face onstage at Shea's
With the 43North finals just days away, Verivend's founders are reviewing their pitch again and again.
The Buffalo News
October 20, 2021
Michael Weisman, now a West Coast startup investor, backs Verivend seed round
Verivend had the support of local angels in its recent $2.5 million seed round. But the leadership team also was looking for outside investors to support national expansion.
The Business Journals
October 19, 2021
43N finalist Verivend raises $2.5M from all-star cast of local investors
A local fin-tech startup has raised $2.5 million from a who’s who of startup executives in Buffalo.
The Business Journals
October 7, 2021
19 finalists to compete for $5M in 43North prizes Oct. 28 at Sheas
The cash is in the bank, Shea's is waiting to host the show and 19 companies have been chosen to tell the judges Oct. 28 why they should be the winners of the annual 43North economic development competition.
WBFO
October 6, 2021
Verivend, VeriTX and three other local startups among 43North finalists
Five local companies are still in the running for the $1 million grand prize in the 43North business competition.
The Business Journals
October 6, 2021
43North names finalists for competition
43North has named 19 finalists for its business plan competition, which is returning after a year off. The field includes five locally based startups, and three from outside the United States.
The Buffalo News
October 6, 2021
Governor Hochul Announces 43North 2021 Startup Competition Finalists
Governor Kathy Hochul today announced the 19 finalists for the 43North seventh annual startup competition. These startups originate from across the United States, as well as Canada and the United Kingdom, and cover an extensive set of industries, from clinical testing to fintech services, sustainable farming, artificial intelligence, and consumer tools.
New York State
August 2021
⭐The stars and stripes shine bright in Finnovating… welcome USA!⭐
⬆These top companies are leading innovation in the ecosystem through the first FinTech platform!📈
Finnovating on LinkedIn
August 2021
Member Spotlight 📸
Meet Verivend, a Fintech startup that is rapidly growing at Serendipity Labs Buffalo - Seneca One. This group of innovators have built a highly secure, cloud based platform for the management of business transactions.
Serendipity Labs on LinkedIn
August 19, 2021
Launch NY awards money to Buffalo startups
Launch NY, a nonprofit venture development organization headquartered in Buffalo, has awarded a total of $225,000 from its nonprofit Seed Fund and for-profit Limited Partnership fund to four companies.
The Buffalo News
August 11, 2021
Seneca One Deep Dive: Verivend & the 1992 Dream Team
Welcome to this week’s Seneca One Deep Dive! The team at Seneca One identifies exciting up-and-coming people, projects, and companies to dive into and share with our audiences. This week we’re shouting “cannonball!” from the rooftops as we jump into Verivend.
Seneca One Buffalo
August 9, 2021
Rodney Reisdorf leaving corporate career to become CEO at Verivend
Rodney Reisdorf has been building software and business teams in Buffalo for a long time. He’s ready for a new challenge. Reisdorf has been named CEO of Verivend, a Buffalo fintech startup that offers a cloud-based platform for the management of business transactions.
The Business Journals
May 2021
Fintech at Seneca One Alert! 🚨
We couldn't be more proud of Verivend, a community member at Seneca One! Verivend brings an experienced team of professionals in Buffalo’s startup community toward the goal of building a market leader in the fin-tech industry.
Seneca One on Linkedin
May 26, 2021
Verivend’s high-powered founding team wants to build a market leader in Buffalo
Verivend brings an experienced team of professionals in Buffalo’s startup community toward the goal of building a market leader in the fin-tech industry. The company has built a cloud-based platform for the management of business transactions, proposed as a highly secure and transparent way to do business.
The Business Journals
