# Creednz

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/creednz

- Industry: IT Security/Cybersecurity
- Headquarters: Herzliya, Israel
- Website: www.creednz.com/
- Total disclosed funding: $7M
- Latest round: Seed (Sep 27, 2023)
- Investors on record: 3

## About

Based in Herzliya, Israel, and founded in 2022, Creednz Ltd. provides security software-as-a-service to protect corporate finances and prevent financial transaction scams. The company was co-founded by Johnny Deutsch (CEO), and Moshe Elgressy. In September 2023, the firm raised USD 7 million in Seed funding led by investor Blumberg Capital, with participation from investors Elron Ventures and Moneta Ventures.

The company offers cybersecurity software to prevent business-to-business payment scams and safeguard corporate finances. The Creednz Platform assists organizations in improving their ability to oversee and manage payments for highly vulnerable financial, vendor, and payment operations.

The company plans to use the September 2023 funding to further develop its platform for preventing financial fraud, expand its sales network, and bolster its presence in the US market.

## Funding rounds

- Seed, Sep 27, 2023, $7M — Blumberg Capital, Moneta Venture Capital, Elron Ventures

## Investors

- Blumberg Capital (https://capitalatlas.ai/funds/blumberg-capital) — Seed
- Moneta Venture Capital (https://capitalatlas.ai/funds/moneta-venture-capital) — Seed
- Elron Ventures (https://capitalatlas.ai/funds/elron-ventures) — Seed