Sardine raised $70M in a Series C funding round led by Activant Capital to enhance AI infrastructure for fraud and compliance teams.

Feb 11, 2025•5 months ago

Amount Raised

$70 Million

Round Type

series c

San FranciscoPrivacy And SecurityPaymentsFinancial Services

Investors

N AventuresExperian VenturesMoody's AnalyticsCross Creek CapitalGeodesic CapitalGoogle VenturesNyca PartnersAndreessen HorowitzActivant Capital

Description

Sardine, the leading AI risk platform for fraud, compliance, and credit underwriting, announced a $70 million Series C funding round. This investment aims to scale AI infrastructure, making risk teams more efficient in combating financial crime.

Company Information

Company

Sardine

Location

3260 HILLVIEW AVE

San Francisco, California, United States

About

Sardine is a leader in financial crime prevention. Using proprietary device intelligence and behavior biometrics, Sardine applies machine learning to detect and stop fraud before it happens. The platform includes tools for identity verification, fraud prevention and investigation, AML monitoring, and case management. Over 250 companies use Sardine to prevent fake account creation, social engineering scams, account takeovers, bot attacks, payment fraud, and money laundering.

Funding Insights

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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

Sardine raised $70M in a Series C funding round led by Activant Capital to enhance AI infrastructure for fraud and compliance teams.

Investors

Description

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