Deduce
Latest round
- Series A
Last raised
- Sep 2023
Total raised
- $26M
Investors
- 7
About Deduce
Founded in 2019 in New York, Deduce, Inc. offers solutions that target identity fraud.001 mn.Deduce offers a proprietary solution focused on preventing stolen and synthetic identity fraud, leveraging advanced AI technology and a unique identity graph. Their primary service utilizes real-time data forensics to identify and flag synthetic identities during the onboarding process of financial institutions and fintech companies. Deduce's technology allows organizations to block fake accounts generated by AI and identify existing fraudulent customer profiles, thereby reducing potential financial losses associated with identity fraud. The solution is particularly valuable in the banking and fintech sectors, where the risk of fraud is substantial.Deduce generates revenue through a subscription-based model, aiming to deliver ongoing fraud prevention services to its clients. The company partners with financial institutions, offering tailored solutions that integrate seamlessly into existing verification systems. Clients pay for access to Deduce's identity graph and fraud detection technology, ensuring they can effectively manage risks associated with synthetic identities. Each client engagement can involve various pricing tiers based on the scale of the services utilized, allowing organizations to select plans that suit their specific needs.In September 2023, Deduce, Inc. Deduce plans to expand its offerings and enter new geographic regions, specifically focusing on enhancing its presence in the financial sectors where the demand for robust fraud prevention solutions is growing.
Who invested in Deduce
7 investors across 4 rounds
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Questions about Deduce
Who invested in Deduce?
Deduce has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Deduce raised?
Deduce has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Deduce last raise money?
Deduce's most recent round on record is a Series A, in Sep 2023.
What does Deduce do?
Founded in 2019 in New York, Deduce, Inc.
Where is Deduce headquartered?
Deduce is headquartered in New York, US.
Which VCs invest in companies like Deduce?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Deduce's stage. Their profiles are linked below.
VCs backing it security/cybersecurity startups at Series A
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