Bolster raises $14M led by Microsoft’s M12 to expand its AI-powered phishing tracker CheckPhish
May 22, 2024•over 1 year ago
Amount Raised
$14 Million
Investors
Transform CapitalCervin VenturesCheyenne VenturesLiberty Global VenturesCrosslink CapitalThomvest VenturesMicrosoft's M12
Description
Bolster, an AI startup, has raised $14 million in a funding round to expand its work in providing brand and URL checking services, focusing on its free phish-checking portal, CheckPhish, and primary paying customers. The round was led by Microsoft’s venture fund M12, with participation from several other investors.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech