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Moonsense Raises $4.2M in Seed Funding to Combat Sophisticated Online Fraud.

Moonsense Raises $4.2M in Seed Funding to Combat Sophisticated Online Fraud.

May 5, 2023

San Francisco, CA - Moonsense, a software development company specializing in online fraud prevention, announced today that it has raised $4.2M in a seed funding round. The investment was led by The General Partnership, Foothill Ventures, Race Capital, and XYZ Venture Capital.

Moonsense was founded by Andrei Savu, who recognized the need for a more effective and less intrusive approach to fraud prevention. "As new fraud types and techniques continue to emerge, current solutions are falling short," said Savu. "We wanted to create a solution that is both effective and user-friendly, while also prioritizing data privacy."

Moonsense's approach to fraud prevention is unique in its use of flexible and immediate access to actionable network intelligence and rich underlying user behavioral source data. By analyzing user behavior patterns and signals, Moonsense helps online businesses detect sophisticated fraud schemes without introducing excessive user friction.

One of the key advantages of Moonsense's platform is its commitment to data privacy. The company's signals and behavioral data can be processed on the device, keeping user data private and secure. Additionally, data can be sent directly to a customer's backend, ensuring that first-party data remains private.

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