Datavault AI’s VerifyU™ Expands Presence in Academic Web 3.0 Credential Verification
Datavault AI (NASDAQ: DVLT) has expanded its academic credential verification presence by appointing Michael Nisbet as Vice President of Sales, Education. Nisbet, with over 20 years of experience working with organizations like Harvard, Stanford, and Google, will lead the company's VerifyU technology implementation.
VerifyU provides AI-enabled credential verification solutions for academic institutions, targeting a market expected to reach $177 billion by 2030 with a 10% CAGR from 2024. The platform integrates with CLEAR's biometric identity verification technology to ensure secure, tamper-proof verification processes.
Nisbet's track record includes surpassing $10 million in annual revenue quotas at Accredible and leading a 60% year-over-year revenue increase at Pumpkin, scaling sales from $45 million to $65 million. VerifyU is already implemented at institutions like ASU and Lane College, offering blockchain-based credentials to combat the 70% of job applicants who provide inaccurate résumé information.
Datavault AI (NASDAQ: DVLT) ha ampliato la sua presenza nel settore della verifica delle credenziali accademiche nominando Michael Nisbet come Vice Presidente delle Vendite nell'istruzione. Nisbet, con oltre 20 anni di esperienza lavorativa con organizzazioni come Harvard, Stanford e Google, guiderà l'implementazione della tecnologia VerifyU dell'azienda.
VerifyU fornisce soluzioni di verifica delle credenziali abilitate dall'IA per le istituzioni accademiche, mirando a un mercato che si prevede raggiunga 177 miliardi di dollari entro il 2030 con un tasso di crescita annuale composto (CAGR) del 10% a partire dal 2024. La piattaforma si integra con la tecnologia di verifica dell'identità biometrica di CLEAR per garantire processi di verifica sicuri e a prova di manomissione.
Il percorso professionale di Nisbet include il superamento di 10 milioni di dollari in quote di fatturato annuali presso Accredible e la guida di un incremento del 60% anno su anno nel fatturato presso Pumpkin, facendo crescere le vendite da 45 milioni a 65 milioni di dollari. VerifyU è già implementato in istituzioni come ASU e Lane College, offrendo credenziali basate su blockchain per combattere il 70% dei candidati che forniscono informazioni errate nei loro curriculum.
Datavault AI (NASDAQ: DVLT) ha ampliado su presencia en la verificación de credenciales académicas al nombrar a Michael Nisbet como Vicepresidente de Ventas en Educación. Nisbet, con más de 20 años de experiencia trabajando con organizaciones como Harvard, Stanford y Google, liderará la implementación de la tecnología VerifyU de la compañía.
VerifyU ofrece soluciones de verificación de credenciales habilitadas por IA para instituciones académicas, apuntando a un mercado que se espera alcance 177 mil millones de dólares para 2030 con un crecimiento anual compuesto (CAGR) del 10% a partir de 2024. La plataforma se integra con la tecnología de verificación de identidad biométrica de CLEAR para garantizar procesos de verificación seguros y a prueba de manipulaciones.
El historial de Nisbet incluye superar los 10 millones de dólares en cuotas de ingresos anuales en Accredible y liderar un aumento del 60% interanual en los ingresos en Pumpkin, aumentando las ventas de 45 millones a 65 millones de dólares. VerifyU ya está implementado en instituciones como ASU y Lane College, ofreciendo credenciales basadas en blockchain para combatir el 70% de los solicitantes de empleo que proporcionan información inexacta en sus currículos.
Datavault AI (NASDAQ: DVLT)는 Michael Nisbet을 교육 영업 부사장으로 임명하여 학술 자격 증명 확인 분야를 확장했습니다. Nisbet은 Harvard, Stanford, Google과 같은 조직에서 20년 이상의 경력을 보유하고 있으며, 회사의 VerifyU 기술 구현을 이끌 것입니다.
VerifyU는 학술 기관을 위한 AI 기반 자격 증명 확인 솔루션을 제공하며, 2024년부터 연평균 10% 성장률(CAGR)을 기록하며 2030년까지 1,770억 달러에 이를 것으로 예상되는 시장을 목표로 하고 있습니다. 이 플랫폼은 CLEAR의 생체 인식 신원 확인 기술과 통합되어 안전하고 변조 방지 확인 프로세스를 보장합니다.
Nisbet의 경력에는 Accredible에서 연간 1천만 달러 이상의 수익 목표를 초과 달성하고, Pumpkin에서 연간 60%의 수익 증가를 이끌어내며 매출을 4천5백만 달러에서 6천5백만 달러로 확장한 경험이 포함됩니다. VerifyU는 이미 ASU와 Lane College와 같은 기관에서 구현되어 있으며, 70%의 구직자가 부정확한 이력서 정보를 제공하는 문제를 해결하기 위해 블록체인 기반의 자격 증명을 제공합니다.
Datavault AI (NASDAQ: DVLT) a élargi sa présence dans la vérification des diplômes académiques en nommant Michael Nisbet au poste de vice-président des ventes, éducation. Nisbet, fort de plus de 20 ans d'expérience au sein d'organisations telles que Harvard, Stanford et Google, dirigera la mise en œuvre de la technologie VerifyU de l'entreprise.
VerifyU propose des solutions de vérification des diplômes habilitées par l'IA pour les institutions académiques, visant un marché qui devrait atteindre 177 milliards de dollars d'ici 2030 avec un taux de croissance annuel composé (CAGR) de 10% à partir de 2024. La plateforme s'intègre à la technologie de vérification d'identité biométrique de CLEAR pour garantir des processus de vérification sécurisés et inviolables.
Le parcours professionnel de Nisbet comprend le dépassement de 10 millions de dollars de quotas de revenus annuels chez Accredible et la direction d'une augmentation des revenus de 60% d'une année sur l'autre chez Pumpkin, faisant passer les ventes de 45 millions à 65 millions de dollars. VerifyU est déjà mis en œuvre dans des institutions telles que l'ASU et le Lane College, offrant des diplômes basés sur la blockchain pour lutter contre les 70% de candidats qui fournissent des informations inexactes dans leur CV.
Datavault AI (NASDAQ: DVLT) hat seine Präsenz im Bereich der akademischen Zertifikatsüberprüfung durch die Ernennung von Michael Nisbet zum Verkaufs-Vizepräsidenten im Bildungsbereich erweitert. Nisbet, der über 20 Jahre Erfahrung in Organisationen wie Harvard, Stanford und Google verfügt, wird die Implementierung der VerifyU-Technologie des Unternehmens leiten.
VerifyU bietet KI-gestützte Lösungen zur Überprüfung von Zertifikaten für akademische Institutionen an und zielt auf einen Markt ab, der bis 2030 voraussichtlich 177 Milliarden Dollar erreichen wird, mit einer jährlichen Wachstumsrate (CAGR) von 10% ab 2024. Die Plattform integriert sich mit der biometrischen Identitätsverifizierungstechnologie von CLEAR, um sichere und manipulationssichere Verifizierungsprozesse zu gewährleisten.
Nisbets Erfolgsbilanz umfasst das Überschreiten von 10 Millionen Dollar an jährlichen Umsatzquoten bei Accredible und die Leitung eines Umsatzwachstums von 60% im Jahr bei Pumpkin, wobei der Umsatz von 45 Millionen auf 65 Millionen Dollar gesteigert wurde. VerifyU ist bereits an Institutionen wie der ASU und Lane College implementiert, die blockchain-basierte Zertifikate anbieten, um das Problem der 70% der Bewerber zu bekämpfen, die ungenaue Lebenslaufinformationen bereitstellen.
- Targeting large market opportunity of $177 billion by 2030 with 10% CAGR
- Strategic partnership with CLEAR for enhanced biometric verification
- Existing implementation at major institutions (ASU and Lane College)
- New VP of Sales brings proven track record of revenue growth ($10M+ quotas)
- None.
Insights
The academic credential verification market represents a compelling opportunity, driven by regulatory pressures (GDPR, FERPA) and the persistent challenge of résumé fraud. The projected
The strategic partnership with CLEAR provides VerifyU with a significant competitive advantage. CLEAR's established presence in high-security environments (airports, sports venues) lends credibility to VerifyU's blockchain-based platform. This integration creates a powerful network effect - as more institutions adopt the platform, its value proposition strengthens for both educational institutions and employers.
Michael Nisbet's appointment is particularly noteworthy given his track record of scaling SaaS revenues - demonstrated by the
The platform's AI capabilities, combined with blockchain technology, create multiple revenue opportunities: licensing fees from institutions, verification fees from employers, and potential data monetization streams. The existing partnerships with ASU and Lane College serve as valuable reference cases, potentially accelerating adoption across different tiers of educational institutions.
However, the success of VerifyU will largely depend on its ability to demonstrate clear ROI to institutions through reduced administrative costs and improved compliance efficiency. The platform's scalability across diverse education systems without operational disruption addresses a critical adoption barrier in the traditionally conservative education sector.
Reinforcing sales efforts for identity verification in higher education,
targeting a
Nathaniel Bradley, CEO of Datavault AI stated, “VerifyU empowers institutions to reduce administrative costs through the use of AI solutions, ensuring compliance and maintaining trust through secure AI technology that can serve graduates and institutions alike. With his expertise and leadership in institutional partnerships, systems integration, and market development, Michael is poised to become a trusted partner with leading educational institutions. I am confident he will quickly expand VerifyU’s footprint and increase our Web 3.0 licensing opportunities.”
Nisbet added, “I am excited to be joining Datavault AI at this pivotal time in the company’s growth and when VerifyU can reinvent how educational institutions approach identity verification. I am proud to be leading the sales initiatives for VerifyU’s breakthrough technology, which can change academic verification forever. I look forward to scaling VerifyU’s reach and contributing to the company’s growth objectives.”
Michael Nisbet is a dynamic sales executive with a proven track record of driving revenue growth, building high-performing teams, and executing successful go-to-market strategies. As Vice President of Global Mid-Market & Enterprise Sales at Accredible, he surpassed
With leadership roles at Webgility, DaySmart Appointments, and other SaaS organizations, Nisbet consistently accelerated growth by refining sales processes, expanding strategic partnerships, and developing scalable sales teams. He specializes in revenue strategy, team development, and business expansion across small business, middle market, and enterprise segments. He holds a Bachelor of Business Administration in Sales & Marketing from
VerifyU
Education Verification Service Market size is estimated to reach
This need is further addressed by VerifyU through its partnership with CLEAR, a leader in biometric identity verification. CLEAR’s technology, already utilized by major airlines, sports leagues and venues, is integrated into VerifyU’s blockchain platform to ensure tamper-proof and secure verification processes. This collaboration combines CLEAR’s expertise in seamless identity verification with VerifyU’s patented systems, creating an advanced, compliant solution for educational institutions to protect and validate credentials in a timely and efficient manner.
This key leadership hire underscores VerifyU’s mission to provide educational institutions with a comprehensive and secure platform for academic credentialing. VerifyU empowers institutions to recognize and verify the achievements, skills and credibility of their students through immutable, blockchain-based credentials. By ensuring that credentials are easily verifiable and protected from fraud, VerifyU strengthens institutional trust, supports compliance and makes academic achievements more accessible and transparent for employers and students. The VerifyU platform is already the standard for secure academic credentialing, as demonstrated by its collaboration with ASU and Lane College. By leveraging technology to deliver secure tokenized credentials that are verifiable anytime and anywhere, VerifyU reduces administrative costs and ensures data integrity at the same time. Its scalability enables adoption across diverse education systems, from smaller colleges to large research universities, without operational disruption.
About VerifyU
VerifyU is a trusted leader in identity verification solutions for academic institutions, businesses and organizations worldwide. By leveraging state-of-the-art technology, VerifyU offers secure, efficient and user-friendly tools to streamline processes, enhance trust and ensure compliance. Learn more about VerifyU here.
About Datavault AI Inc.
Datavault AI3, (Nasdaq: DVLT) is leading the way in AI experience, valuation, and monetization of assets in the Web 3.0 environment. The company’s cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Science and Data Science Divisions. Datavault AI's Acoustic Science Division features WiSA®, ADIO® and Sumerian® patented technologies and industry first foundational spatial and multichannel wireless HD sound transmission technologies with IP covering audio timing, synchronization and multi-channel interference cancellation. The Data Science Division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation and secure monetization. Datavault AI's cloud-based platform provides comprehensive solutions serving multiple industries, including HPC software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy and more. The Information Data Exchange® (IDE) enables Digital Twins, licensing of name, image, and likeness (NIL) by securely attaching physical real-world objects to immutable metadata objects, fostering responsible AI with integrity. Datavault AI’s technology suite is completely customizable and offers AI and Machine Learning (ML) automation, third-party integration, detailed analytics and data, marketing automation and advertising monitoring. The company is headquartered in
About CLEAR
CLEAR's mission is to create frictionless experiences. With over 22 million members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you—making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell member data. For more information, visit CLEAR.
Cautionary Note Regarding Forward-Looking Statements
This press release of Datavault AI contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, include, among others, the Company’s expectations with respect to the completed asset purchase (the “Asset Purchase”), including statements regarding the benefits of the Asset Purchase, the implied valuation of the Company, the products offered by the Company and the markets in which it operates, and the Company’s projected future results and market opportunities, as well as information with respect to Datavault AI’s future operating results and business strategy. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of factors, including, but not limited to: (i) risks and uncertainties impacting Datavault AI’s business including, risks related to its current liquidity position and the need to obtain additional financing to support ongoing operations, Datavault AI’s ability to continue as a going concern, Datavault AI’s ability to maintain the listing of its common stock on Nasdaq, Datavault AI’s ability to predict the timing of design wins entering production and the potential future revenue associated with design wins, Datavault AI’s ability to predict its rate of growth, Datavault AI’s ability to predict customer demand for existing and future products and to secure adequate manufacturing capacity, consumer demand conditions affecting Datavault AI’s customers’ end markets, Datavault AI’s ability to hire, retain and motivate employees, the effects of competition on Datavault AI’s business, including price competition, technological, regulatory and legal developments, developments in the economy and financial markets, and potential harm caused by software defects, computer viruses and development delays, (ii) risks related to Datavault AI’s ability to realize some or all of the anticipated benefits from the Asset Purchase, any risks that may adversely affect the business, financial condition and results of operations of Datavault AI after the completion of the Asset Purchase, including but not limited to cybersecurity risks, the potential for AI design and usage errors, risks related to regulatory compliance and costs, potential harm caused by data privacy breaches, digital business interruption and geopolitical risks, and (iii) other risks as set forth from time to time in Datavault AI’s filings with the
- Verified Market Reports: https://www.verifiedmarketreports.com/product/education-verification-service-market/
- Resume Lab: https://resumelab.com/career-advice/lying-to-get-a-job
- Formerly known as WiSA Technologies, Inc.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218411367/en/
Investors
David Barnard, Alliance Advisors Investor Relations, 415-433-3777
datavaultinvestors@allianceadvisors.com
Media
Sonia Choi
844-DATA-400
sonia@vault.email
Source: Datavault AI Inc.
FAQ
What is the projected market size for VerifyU's education verification service by 2030?
How does DVLT's VerifyU partnership with CLEAR enhance credential verification?
Which major institutions are currently using DVLT's VerifyU platform?
What percentage of job applicants provide inaccurate information that VerifyU aims to address?