Fundz

Authologic raised $8.2M in a Series A funding round to enhance its unified e-ID verification platform.

PRIVATEOct 22, 2024

Amount Raised

$8.2 Million

Round Type

Series A

WarsawInformation TechnologySoftwareSecurityCyber SecuritySaaS

Investors

Smok VCPeak CapitalY Combinator

Description

Today, Authologic announced it has raised $8.2 million in Series A funding. The funds will be used to strengthen its platform that addresses the shortcomings of traditional identity verification methods.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Authologic that raised within 45 days of this round, from Fundz verified event records.

  • Cybeats raised $136K on November 29, 2024.
  • Symbiotic Security raised $3M (Seed) on November 5, 2024.
  • Noma raised $32M (Series A) on October 31, 2024.
  • Armis Security raised $200M (Series D) on October 28, 2024.
  • Tidal Cyber raised an undisclosed amount (Corporate Round) on October 28, 2024.
  • Prime Security raised $6M (Seed) on October 9, 2024.

Who to call at Authologic, and when

A new round usually means Authologic is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Authologic raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Authologic, from your own LinkedIn network

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Company Information

Company

Authologic

Location

Warsaw, Masovian Voivodeship, Poland

About

Authologic is a global digital identity verification platform that streamlines KYC and AML processes with secure e-ID solutions. It addresses flaws in legacy KYC systems vulnerable to fraud and compliance failures, offering a unified e-ID platform that aggregates various e-ID systems. Authologic enhances customer satisfaction with faster onboarding and reduced fraud risk while preserving privacy and building trust. The platform aims to transform digital identity verification for businesses across various industries.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Authologic raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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