Deduce Raises $9M to Tackle AI-Generated Identity Fraud
Deduce , the only patented technology platform designed to prevent AI-generated identity fraud, today announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures.
- Deduce , the only patented technology platform designed to prevent AI-generated identity fraud, today announced $9M in funding led by Freestyle Capital, with additional investment by Foundry and True Ventures.
- The funding will launch Deduce’s GenAI Identity fraud solution out of stealth and help the company scale to prevent large-scale SuperSynthetic™ identity fraud across multiple verticals, including the financial service industry, fintech, and e-commerce.
- Legacy fraud prevention methods will no longer be able to protect us from AI-generated fraud,” noted Ari Jacoby, CEO of Deduce.
- The Deduce AI-generated identity fraud solution is currently available through industry-leading partners, including Experian, ForgeRock, Auth0, and Ping Identity.