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SheerID Boasts Record Year for Verifications, Announces 770% Company Growth
[July 16, 2014]

SheerID Boasts Record Year for Verifications, Announces 770% Company Growth


(Marketwire Via Acquire Media NewsEdge) EUGENE, OR -- (Marketwired) -- 07/16/14 -- SheerID, the leading provider of eligibility verification technology, today announced a record year for corporate growth and customer verifications. In the past 12 months, SheerID processed over 1,000 percent more verifications than in any 12-month period previously, providing verification solutions for military, student, teacher, nonprofit, police officers, and other first responders.



"As the retailers seek new avenues to grow their customer base and solidify hard-earned profits, eligibility verification technology has delivered measurable growth in key areas of business, and SheerID is at the forefront of this evolution," said Jake Weatherly, CEO of SheerID. "Not only have we engineered our instant verification solutions to incorporate new consumer groups, but our platform provides an omnichannel solution that enables the cross-platform retail experience that consumers demand. We believe this market is at its tipping point, and we are seeing entire sectors adopt verification solutions to better target customers and grow loyalty." Among other achievements, the company has grown its client base by nearly 75 percent over the past six months, indicating increased market demand for eligibility verification technology. The company lists Spotify, Foot Locker, AARP, and Six Flags Magic Mountain, among others, as new additions to its growing list of clients. SheerID also took steps to expand its suite of services, adding police officers to its growing list of groups who are instantly verified, and optimizing the platform's capabilities to provide a complete mobile consumer experience. As proof, a tier-one retailer just launched a complete omnichannel verification solution with the support of SheerID, including mobile, in-store, phone, and brick-and-mortar integrations. Now, for the first time ever, military personnel are being verified in person without being required to share sensitive, private information on documents or identification.

SheerID's omnichannel capabilities are just one feature set that differentiates its eligibility verification solutions from others' attempts at establishing verified eligibility. SheerID seamlessly integrates into existing e-commerce platforms without diverting would-be customers to third party communities or sites that advertise competitors' offers, which protects brand integrity. Digital River, a leader in internet commerce since 1994 that hosts more than forty-thousand web stores, has standardized on SheerID for all eligibility verification within its e-commerce platforms. Logitech and TrendMicro are among the first Digital River clients to launch protected offers using SheerID's verification technology. Amazon has also established SheerID's teacher and student eligibility verification to satisfy their vendors' requirements for academic products.


For more information on SheerID's eligibility verification services visit http://www.sheerid.com/we-verify-for-you/ or email [email protected].

Follow @SheerID on Twitter or Facebook at www.facebook.com/SheerIDdotcom.

About SheerIDSheerID's technology transforms existing, protected private data into an omnichannel service that benefits commercial enterprises and the public, while still keeping the information safe and secure. By acting as a bridge between secure databases, SheerID allows commercial enterprises to accurately, instantly verify whether or not their customer qualifies for a special offer like student, active duty military, veteran, or teacher offers -- protecting the exclusivity of the offer and eliminating fraud.

Press Contacts: Justin Nunez LEWIS PR for SheerID 619 677 2700 Email Contact Source: SheerID

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