Tech Company Financing Transactions
Orca Fraud Funding Round
Orca Fraud closed a $550 thousand Seed venture capital round on 5/24/2024. Investors included Norrsken22, Kara Ventures and Musha Ventures.
Transaction Overview
Company Name
Announced On
5/24/2024
Transaction Type
Venture Equity
Amount
$550,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its team and build, validate and iterate on their fraud and compliance products.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Cape Town, Undisclosed
South Africa
Cape Town, Undisclosed
South Africa
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Orca leverages its deep knowledge in fraud prevention and payment technology to develop pioneering solutions that safeguard both conventional and decentralised financial systems -- all through one central AI-driven fraud orchestration platform.In this day and age, it's essential to evolve as quickly as new fraud patterns emerge, and our AI solution allows automatic identification of new trends and networks as they arise.
Management Team
Browse more venture capital transactions:
Prev: 5/24/2024: Rows venture capital transaction
Next: 5/24/2024: Unmanned Defense Systems venture capital transaction
Share this article
Where The Data Comes From
We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs