# Bayonet Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bayonet-technologies

- Industry: Software
- Headquarters: US
- Website: www.bayonet.io
- Latest round: Seed (Mar 12, 2017)
- Investors on record: 1

## About

Bayonet Technologies, Inc. specializes in fraud prevention solutions to enhance transaction security and acceptance rates across various online platforms, leveraging advanced artificial intelligence and machine learning technology.Bayonet Technologies, Inc. is focused on providing fraud prevention solutions and was founded in 2016 in the US. The company has undergone no known pivots in strategy. The co-founders, Imran Arshad and José Chávez, have backgrounds in technology and business, with José Chávez serving as the current CEO. The company has raised a total of USD 0.50 mn over two funding rounds, with the most recent round occurring on December 17, 2019, attracting investors including 0BS, Avalancha Ventures, Mercadotecnia Ideas y Tecnología, S.A. de C.V, and Soldiers Field Angels.Bayonet Technologies, Inc. specializes in fraud prevention solutions designed to enhance business security and transaction acceptance rates for various online platforms. Their offerings include a sophisticated fraud detection system that employs artificial intelligence and machine learning to analyze millions of data points in real-time. The platform provides a seamless four-step installation process for clients to track fraud attempts across diverse transaction types such as online payments, buy-now-pay-later services, digital wallets, and promotional usage. Their services cater to e-commerce, financial services, and fintech sectors, particularly in Latin America, serving small to medium-sized enterprises as well as larger organizations aiming to mitigate online fraud risks.Bayonet generates revenue through a transaction-based fee model, charging clients for each analyzed transaction. This model allows businesses to integrate Bayonet's fraud prevention services without upfront costs, maintaining predictable financial commitments. Clients, including payment service providers and digital wallet platforms, utilize Bayonet's solutions to enhance fraud detection capabilities, leading to improved transaction approval rates and growth in overall revenue. The company's offerings are designed to provide a return on investment within months through reduced fraud rates and more efficient transactions, supported by ongoing client assistance to ensure effective fraud detection systems.Bayonet Technologies plans to leverage recent funding of USD 0.50 mn raised on December 17, 2019, from investors to enhance its fraud prevention solutions and expand its market presence. The company is focused on developing new products that incorporate advanced technologies for better fraud detection, with an emphasis on launching these solutions in the next 12-18 months. Furthermore, Bayonet aims to expand its operations into new geographic regions, specifically targeting broader markets in North America and Europe by 2022.

## Funding rounds

- Seed, Mar 12, 2017 — Mexamerica Ventures

## Investors

- Mexamerica Ventures (https://capitalatlas.ai/funds/mexamerica-ventures) — Seed