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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•6 days ago
Amount Raised
$20 Million
Round Type
Series A
Investors
M13Koro Capital
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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Funding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech