# Cybertonica

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

- Industry: Software
- Headquarters: London, UK
- Website: www.cybertonica.com
- Total disclosed funding: $2.6M
- Latest round: Series A (Dec 17, 2019)
- Investors on record: 4

## About

Cybertonica Ltd. is a UK-based company providing advanced fraud and risk management solutions tailored for the digital payment and FinTech sectors, focusing on real-time monitoring and machine learning technologies.Founded in 2015 and headquartered in London, UK, Cybertonica Ltd. specializes in fraud and risk management solutions for digital payments. The company has raised GBP 2.00 mn in Series A funding on December 17, 2019, valuing it at GBP 12.92 mn post-money. The funding was led by Force Over Mass Capital along with participation from Springboard Corporate Finance LLP and TrueSight Ventures. This is the company's first known funding round. The founders, Ilya Bezrukov and Sergey Velts, have not been noted for founding other companies, and Joshua Bower-Saul currently serves as CEO.Cybertonica Ltd. specializes in advanced fraud and risk management solutions designed for the digital payment and FinTech sectors. Their core offerings include FraudSuite360™ and FraudLock360™, which provide real-time fraud and risk monitoring, leveraging machine learning and enhanced behavioral insights. FraudSuite360™ is tailored for global acquiring banks and payment gateways, delivering comprehensive 360° insights that optimize fraud operations. FraudLock360™, focuses on real-time behavioral data analysis to reduce fraud while securing payment and banking systems. These products target various end-use cases such as account takeover, bot attacks, chargebacks, and continuous authentication, addressing significant challenges in revenue protection and operational costs. Cybertonica's solutions are marketed primarily in Europe and are utilized by clients in the payments, FinTech, and eCommerce sectors.Cybertonica generated revenue of GBP 1,062,746.60 in the most recent year of 2021, with an EBITDA of GBP -193,210.40. The company follows a subscription-based revenue model, primarily targeting B2B clients such as banks, payment processors, and eCommerce platforms. Clients engage with the platform via tailored service agreements, allowing for scalable integration of the fraud management solutions into their existing systems, typically through annual or monthly subscriptions that provide ongoing access to the latest fraud detection technologies and support services.Moving forward, Cybertonica plans to develop new product offerings designed to enhance their fraud management capabilities. The Series A funding raised in December 2019 will be utilized to support these product developments and to expand their market presence. Specifically, Cybertonica aims to penetrate additional European markets and potentially explore opportunities in North America by 2023, leveraging their existing technology to address the unique challenges of these new regions.

## Funding rounds

- Series A, Dec 17, 2019, $2.6M — Force Over Mass Capital, TrueSight Ventures, Springboard Corporate Finance LLP
- Seed, Jul 19, 2015, $0M — Startupbootcamp

## Investors

- Startupbootcamp (https://capitalatlas.ai/funds/startupbootcamp) — Seed
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Series A
- TrueSight Ventures (https://capitalatlas.ai/funds/truesight-ventures) — Series A
- Springboard Corporate Finance LLP — Series A