Intelligent Solutions for Cyber Fraud Detection in Financial Institutions
Headquartered in Boston, FiVerity, Inc. develops and markets AI- and machine learning software solutions that detect new and emerging forms of cyber fraud and deliver actionable, proactive threat intelligence. The company’s products meet the unique requirements of financial institutions, including banks, credit unions, and credit card providers. The company’s solutions help financial institutions strengthen, streamline and scale their consumer-facing business processes, such as application processing, credit verification, and customer onboarding. With its predictive and proactive approach, FiVerity’s solutions help customers to improve their internal processes to reduce losses from fraud and drive faster, and more profitable and sustainable growth.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 20, 2023 | Seed | $4M | 5 | Mendon Venture Partners | — | Detail |
Mar 17, 2021 | Seed | $2M | 1 | — | — | Detail |
Jun 25, 2019 | Non-Equity Assistant | — | 1 | — | — | Detail |
Dec 17, 2018 | Non-Equity Assistant | — | 1 | — | — | Detail |
Jun 21, 2017 | Non-Equity Assistant | — | 1 | DCU FinTech Innovation Center | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Mendon Venture Partners | Yes | Seed |
DCU FinTech Innovation Center | Yes | Non-Equity Assistant |
Fin Capital | — | Seed |
Grasshopper Bank | — | Seed |
Mendoza Ventures | — | Seed |
Service Provider Capital | — | Seed |
Creative Destruction Lab (CDL) | — | Non-Equity Assistant |
MassChallenge | — | Non-Equity Assistant |