Multiply Labs Raises $20M in Series A Funding
20 Apr, 2021
– FiVerity closed a $2m round of financing.
– The investment was fueled by Mendoza Ventures and a class of super-angels from the cybersecurity and financial services industries, including serial entrepreneur Doug Levin, who has been appointed as the company’s Executive Chairman.
– FiVerity will use the funds to expand its products and ramp up sales and marketing efforts.
– FiVerity’s machine-learning platform detects and prevents new and existing types of fraud more effectively than current alternatives at banks, credit unions, credit card providers and other financial institutions.