Hicore Tech

Founded in 2012 in Shanghai, China, Hicore Tech specializes in anti-fraud solutions. The company has executed a total of 5 deals since its inception, with the most recent investment occurring on December 29, 2017.Hicore Tech specializes in anti-fraud solutions that integrate advanced scientific research and technology to combat fraudulent activities across various sectors. The company's primary offerings include a comprehensive ecosystem designed to detect and prevent fraud through innovative technologies, including machine learning algorithms and data analytics. Their solutions cater to a diverse client base, spanning financial institutions, e-commerce platforms, and corporate enterprises, all requiring robust protection against fraudulent transactions.The revenue structure of Hicore Tech is centered around service agreements and partnerships, with clients engaging in ongoing contracts for anti-fraud services. The company operates on a B2B model, collaborating directly with corporate clients to implement technological solutions. Clients, such as financial institutions, may subscribe to a suite of services that include real-time monitoring and risk assessment tools, generating a continuous revenue stream for the firm.Hicore Tech has plans to release new anti-fraud products by early 2024, aimed at enhancing their existing technology. The company is also targeting expansion into Southeast Asian markets, particularly Malaysia and Singapore, with anticipated entry by the end of 2024.

1. Series A

   Mar 28, 2017

   Amount

   Undisclosed

   Investors

   Locked