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Apate.ai has raised $2.5 million in a seed funding round led by OIF Ventures, with participation from Investible, to enhance product development and expansion.

Aug 25, 20254 days ago

Amount Raised

$2.5 Million

Round Type

seed

Macquarie ParkArtificial IntelligenceSoftware

Investors

InvestibleOif Ventures

Description

Apate.ai has raised $2.5 million in a seed funding round, led by OIF Ventures, with additional participation from Investible. The funds will be used for product development, international expansion, and hiring key teams. Founded in 2024, Apate.ai focuses on AI-powered fraud prevention. The company plans to expand its partnerships with various institutions.

Company Information

Company

Apate.ai

Location

Macquarie Park, New South Wales, Australia

About

Apate.ai is an AI-powered scam disruption and intelligence platform that protects financial institutions, telcos, and crypto exchanges by deploying advanced conversational AI bots at scale. Apate’s fleet of voice and text bots proactively engages with scammers to disrupt their operations and gather real-time actionable intelligence, which can be used to prevent fraudulent activity and safeguard customers.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers