# MinervaAI

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

- Industry: Financial Services
- Headquarters: Toronto, Canada
- Website: www.gominerva.com/
- Total disclosed funding: $11M
- Latest round: Series A (Nov 1, 2022)
- Investors on record: 3

## About

Founded in 2019 and based in Toronto, Canada, MinervaAI, operates as an AML (anti-money laundering) platform used to create customer profiles and predictive risk analysis in real-time. In November 2022, Minerva raised CAD 12 million in Series A funding led by FirstMark Capital, with participation from MVP Ventures. As of 2024, the company has a client base including companies like Equifax, Sora, Bates Group, and many more.

The company offers a comprehensive compliance platform used for fraud detection through 3D liveness checks, photo ID matching, and face mapping with anti-spoofing AI that protects your business from bad actors and bots.

The company also provides monitoring solutions for over 250K global news sources for adverse events and sentiment analysis in real-time.

## Funding rounds

- Series A, Nov 1, 2022, $8.8M — FirstMark Capital, MVP Ventures
- Seed, Mar 1, 2021, $2M — Fika Ventures

## Investors

- Fika Ventures (https://capitalatlas.ai/funds/fika-ventures) — Seed
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A
- MVP Ventures (https://capitalatlas.ai/funds/mvp-ventures) — Series A