Informed.IQ

AI-powered verification platform that automates income, employment, identity, and insurance verification for lenders

Document Management Growth Series A, PE-Backed

Overview

Informed.IQ (now branded as Informed) is a data-powered verification platform founded in April 2016 by Justin Wickett and Magdalena Yesil. The company provides AI-powered employment, income, identity, and insurance verification solutions for financial institutions, tenant screeners, and government program administrators.

The platform helps lenders accelerate lending decisions and reduce fraud, cost, and risk by using Document AI and machine learning to instantly verify applicant information across multiple dimensions. Six of the top 10 U.S. auto lenders use Informed's platform, and the company has supported more than USD 350 billion in loan originations.

Informed differentiates through its proprietary dataset spanning more than two billion lending data points drawn from over 100 million loan documents, enabling the company to automate complex verification workflows and identify emerging fraud typologies across multiple lending verticals.

Products & Services

Real-Time Verification Platform

The core platform automates income, employment, identity, residence, and insurance verification for loan origination. The system processes 200+ document types including paystubs, bank statements, tax returns, W-2s, and SSI award letters with 99% accuracy and no human-in-the-loop processing.

Key Features

Document AI processing of 200+ document types
99% accuracy in seconds with zero human-in-the-loop processing
Instant extraction and verification of applicant financial information
Support for multiple verification sources and consumer-permissioned data
Auto stipulation clearance automation
Real-time compliance checking with bias reduction

Target Users: Auto lenders, mortgage companies, financial institutions

Integration-Free Automation

A drag-and-drop interface that enables lenders to deploy verification workflows without IT involvement. Connects to existing LOS, POS, and DMS systems via programmatic API passback or embedded GUI portals.

Key Features

No-code deployment with drag-and-drop interface
Embedded GUI portals or stand-alone verification portals
Integration with third-party consumer permission data providers
AWS Marketplace listing for simplified procurement

Target Users: Lenders requiring fast deployment without IT resources

Insurance Verification

Automated verification of proof-of-insurance documents as part of the broader loan origination process. Verifies insurance documentation at point-of-sale to reduce risk and simplify auto loan origination.

Key Features

Real-time insurance document verification
Integration with auto lending workflows
Fraud detection for insurance documentation

Target Users: Auto lenders, dealers, F&I departments

At a Glance

Founded: 2016
Headquarters: San Jose, CA, USA
Employees: 51-200
Funding: Series A, PE-Backed

Category & Focus

Category: Document Management
Subcategories: Document AI Income Verification Insurance Verification Identity Verification
Insurance Verticals: P&C Personal Specialty/E&S
Target Customers: Carriers, Brokers, Agents/Agencies