Resistant AI Raises $25M: Fraudsters Beware, AI is on the Case!
Resistant AI just bagged $25 million in Series B funding to boost its financial crime-fighting prowess. With document fraud detection and transaction monitoring models, this Prague-based company is on a mission to outsmart fraudsters using AI. Resistant AI plans to expand its threat intelligence and take its solutions to new markets.
Hot Take:
Resistant AI is basically the Sherlock Holmes of the financial world, but with a modern twist. Instead of a magnifying glass, they’re using AI to sniff out fraud like a bloodhound on a scent trail. With $25 million in new funding, they’re not just solving financial crimes—they’re throwing a party for their algorithms. It’s like “Money Heist,” but the good guys actually have a shot at winning!
Key Points:
- Resistant AI raised $25 million in Series B funding, totaling over $55 million raised.
- Investors include DTCP, Experian, GV, and Notion Capital.
- The company specializes in detecting complex financial crimes with AI.
- New funds will be used to expand threat intelligence and enter new markets.
- Resistant AI’s solutions are already used by major financial institutions and fintechs.
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