Business Verification | Business data and intelligence | Enigma

Business Verification

Enigma Business Verification data confirms the identity and legitimacy of a given business. Our data enables you to verify, onboard, and underwrite more small businesses confidently.

Overview

Traditional data and Know Your Business providers offer blackbox verification solutions. Enigma’s transparent and granular data details the methodologies and authoritative sources behind each business’s verification score. Our broad coverage of small businesses and $0.56 API call pricing allow you to serve more small businesses while reducing overall costs.

How to use this data

Relying on Enigma data as the first point of reference during verification can help you avoid using other more expensive data providers. Our data can help you fully automate your verification decisioning. For manual processes, Enigma’s verification data instantly puts valuable information into the hands of your analysts and underwriters, allowing them to make decisions with confidence.

Dataset details

Category
Details
Key Fields
"score", "data_freshness", "source_quality", "data_footprint", "business_activity"
Sources
Authoritative sources including Secretary of State data.
Data Derivation Method
Each component is calculated separately and the overall verification score is calculated as the weighted geometric mean of the different components.
Refresh Rate
The score refreshes on a bi-weekly basis as our data pipeline refreshes.
Coverage: Geography
National
Coverage: Business Count
Coverage extends to all businesses in our database.
Pricing
$0.56 per API Call. Get in touch to request a free demo/trial of the attribute.
Industry Classification

Sample API output

{ "verification": { "score": 1, "components": { "data_footprint": 0.99, "data_freshness": 1, "source_quality": 1, "business_activity": 1 } }}

Our verification attribute leverages many authoritative sources, including Secretary of State filings, Form 5500s, and H1B Visa records, to increase score accuracy, precisely match businesses, and achieve higher coverage of small businesses.

Picture of Enigma Product Manager

Lior Zichron

Director of Product Management

Seeking a specific small business dataset? Contact us with your request.