Reken raises $10M seed round from Greycroft, FPV to use AI to protect against generative AI-enabled fraud
Jan 31, 2024•over 1 year ago
Amount Raised
$10 Million
Investors
Jazz Venture PartnersHomebrewOmega Venture PartnersFika VenturesFirebolt VenturesFpv VenturesGreycroft
Description
Reken announced the close of its $10M oversubscribed seed round, led by Greycroft and FPV Ventures, with additional investment from Firebolt Ventures, Fika Ventures, Omega Venture Partners, Homebrew, and JAZZ Venture Partners. The funding will be used for core research and development to build new AI technology and products to protect against generative AI threats.
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