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Cinder has raised $41M in Series B funding led by Radical Ventures to enhance its trust and safety platform using AI.
PRIVATEMay 13, 2026•3 months ago
Amount Raised
$41 Million
Round Type
Series B
Salt Lake CitySoftwareMobileGamingInvestors
Neuberger’s Outpost VenturesPsp GrowthM12Y CombinatorAccelRadical Ventures
Description
Cinder, a trust and safety platform that deploys AI agents to help companies detect and respond to digital abuse, fraud, and manipulation, has raised $41M in Series B funding. The round was led by Radical Ventures, with participation from Accel, Y Combinator, M12, PSP Growth, and Neuberger’s Outpost Ventures. Founded by Glen Wise and Philip Brennan in 2022, Cinder has now raised a total of $55M in reported equity funding. This funding will be used to improve their platform's capabilities.
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Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
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