FiVerity, a startup based in Boston, Massachusetts, has secured $4 million in seed funding from investors including Fin Capital, Mendoza Ventures, Grasshopper Bank, Mendon Venture Partners, and Service Provider Capital. The company offers a comprehensive and holistic approach to digital fraud defense for financial institutions, integrating with various fraud detection solutions and data sets to provide actionable insights and enable secure information sharing across institutions, regulators, and law enforcement agencies.

FiVerity's platform delivers a comprehensive view of threats facing financial organizations, leveraging a layer of intelligence that enhances fraud detection capabilities. By integrating with existing fraud detection solutions and data sources, FiVerity enables financial institutions to have a unified and proactive defense against digital fraud. The platform also facilitates secure information sharing, helping organizations collaborate in identifying and addressing fraud risks.

With the seed funding, FiVerity plans to further develop and enhance its digital fraud defense platform, and expand its capabilities to address the evolving landscape of fraud threats in the financial industry.

The company's innovative approach to fraud defense has gained recognition from investors, and the funding will support FiVerity's mission to provide cutting-edge solutions for software development in the financial sector. Visit us for more information about their latest funding round: https://founderlodge.com/round/FiVerity-raises-4000000-Seed-2023-04-21-Greg-Woolf-MTIzNTU