# FiVerity

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.fiverity.com
- Total disclosed funding: $6M
- Latest round: Seed (Apr 20, 2023)
- Investors on record: 5

## About

Founded in 2017 and based in Massachusetts, US, FiVerity Inc. provides machine learning solutions for cyber fraud protection. The firm was founded by Greg Woolf and in April 2023, FiVerity Inc. raised USD 4 million in seed funding led by Mendon Venture Partners, with participation from FinCapital, Grasshopper Bank, Service Provider Capital, and Mendoza Ventures.

FiVerity Inc. operates SynthID which detects fraud and threats exposed by financial institutions such as banks, credit unions, credit card providers, and online lenders. The firm's platform also analyzes and investigates the financial portfolio of a business and determines the level and percentage of bad debt and fraud.

The company intends to use the April 2023 funding to support the development of its network.

## Funding rounds

- Seed, Apr 20, 2023, $4M — Service Provider Capital, Grasshopper Bank, Mendoza Ventures, Mendon Venture Partners, FinCapital
- Seed, Mar 17, 2021, $2M — Mendoza Ventures

## Investors

- Mendoza Ventures (https://capitalatlas.ai/funds/mendoza-ventures) — Seed
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Seed
- Grasshopper Bank — Seed
- Mendon Venture Partners (https://capitalatlas.ai/funds/mendon-venture-partners) — Seed
- FinCapital — Seed