
Sardine, an AI-powered fraud detection platform, has successfully raised $70 million in a Series C funding round led by Activant Capital. This funding round, which values the company at $660 million, is noted as the largest for a startup focused on fraud detection in over a year. Sardine's customer base nearly doubled last year, highlighting its growing relevance in the market. The funding will support the company's efforts to enhance its fraud-fighting AI agents for enterprises, which are crucial for businesses facing increasing threats from fraud and scams. Notable figures in the tech community have expressed their congratulations to Sardine's team, particularly to co-founder Soups Ranjan, emphasizing the importance of their work in upgrading fraud and risk capabilities in the financial sector.
🎉 Congratulations to our investment team on their well-earned promotions! Their dedication to sourcing, evaluating, and supporting early-stage companies has been instrumental in driving our portfolio growth and success. @Joe_Curry, @nicole_a_bentz, Sarah Morgan, Carolyn Houren… https://t.co/rujjjpfy9n
🎉 Congratulations to our investment team on their well-earned promotions! Their dedication to sourcing, evaluating, and supporting early-stage companies has been instrumental in driving our portfolio growth and success. @Joe_Curry, Nicole Bentz, Sarah Morgan, Carolyn Houren… https://t.co/GawnlcQveS
Sotira, an AI-powered surplus inventory management platform, has raised $2 million in pre-seed funding to help brands offload and capitalize on their surplus inventory. The funding round included participation from Unusual Ventures, K5 Global, Night Capital and Soma Capital.…
