Baselayer has raised $20M in Series A funding from Koro Capital and M13 to enhance its AI platform for automating business risk assessment and fraud prevention.
PRIVATEAug 03, 2026
Amount Raised
$20 Million
Round Type
Series A
New YorkArtificial Intelligence
Investors
Koro CapitalM13
Description
Baselayer, an AI platform that automates business risk assessment and fraud prevention for financial institutions and government agencies, has secured $20M in Series A funding. This round was led by investors Koro Capital and M13. Founded by Jonathan Awad, Timothy Hyde, and William Slessman in 2023, Baselayer has now raised a total of $47M in reported equity funding.
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Company Information
Company
Baselayer
Location
New York, New York, United States
About
Baselayer is an innovative B2B platform utilizing proprietary artificial intelligence technology to reduce fraud, automate business onboarding for SMBs, and increase security throughout the entire banking system. Its platform transforms the silo of data sharing that has previously existed across financial institutions to elevate levels of customer confidence and provide an enhanced sense of security to all banks across the country.
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