Sardine Closes $19.5 Million In Series A Funding From Andreessen Horowitz And Nyca As It Sets A New Standard In Fraud Prevention
Feb 10, 2022•over 3 years ago
Amount Raised
$19.5 Million
Round Type
series a
Description
Sardine, the fraud and compliance platform for fintechs, today announced $19.5 million in Series A funding from Andreessen Horowitz, NYCA, and Experian Ventures to enable companies to protect customers from financial fraud. Andreessen Horowitz General Partner Angela Strange joins XYZ’s Ross Fubini on the Sardine board of directors. Funding comes amid strong growth and company momentum. Since its launch last Spring, Sardine now powers over 50 customers, including some of the largest neobanks (Brex and Chipper Cash), fast growing crypto exchanges (FTX, Luno, and Bakkt), and global NFT and crypto platforms (Abra, Transak, MoonPay, and Candy Digital)
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech