Tech Company Financing Transactions
FiVerity Funding Round
FiVerity, based in Boston, scored $4 million from Mendon Venture Partners, Fin Capital and Grasshopper Bank.
Transaction Overview
Company Name
Announced On
4/20/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Mendon Venture Partners (Lead Investor) (John Clausen)
Proceeds Purpose
The company intends to use the funds to expand its capability to incorporate its Digital Fraud Network while introducing advanced machine learning algorithms that identify the methods fraudsters are using and compare those patterns against those within their own applications.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
695 Atlantic Ave. 9th Floor
Boston, MA 02127
USA
Boston, MA 02127
USA
Phone
Website
Email Address
Overview
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. At FiVerity it is our mission to bring industry leading AI solutions, so customers can identify and prevent both existing and new types of fraud much more quickly and thoroughly than they can today.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gregory Woolf
VP - Customer Service
Jacqueline Seni
VP - Engineering
Suresh Kumar
VP - Sales
Susan Moran
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