Ivix Closes $12.5 Million Series A Funding Round Led By Insight Partners, Accelerating Growth And Helping Combat Financial Crimes
Amount Raised
$12.5 Million
Round Type
Series A
New YorkSoftwareArtificial Intelligenceinformation technology & servicesInvestors
Description
Today, IVIX, the first AI-powered platform designed to help governments address pervasive financial crimes and tax evasion at scale, announced the successful closing of a $12.5M Series A funding round led by Insight Partners with participation from Team8, Citi Ventures and Cardumen Capital. This investment comes after significant growth and customer acquisition and will position IVIX to accelerate its research and development capabilities -- expanding its capacity to help more governments identify financial crimes and close the tax gap.
Quick answer
IVIX raised $12.5 Million in a Series A round, dated August 7, 2023. Investors: Insight Partners, Team8, Citi Ventures and Cardumen Capital. IVIX is based in New York, New York, United States.
- How much did IVIX raise?
- IVIX raised $12.5 Million in a Series A round on August 7, 2023.
- Who invested in IVIX?
- Insight Partners, Team8, Citi Ventures and Cardumen Capital are named as investors in this round.
- What does IVIX do?
- IVIX's innovative platform helps government authorities around the world illuminate large-scale financial crimes, such as money laundering and tax non-compliance, at speed and at scale.
- Where is IVIX based and how big is it?
- IVIX is based in New York, New York, United States. Fundz records about 86 employees.
- Who are the decision-makers at IVIX?
- Fundz holds 5 contacts at IVIX, including the Talent Acquisition Partner & HRBP. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in information technology & services and Software around the same time
Companies in the same sectors as IVIX that raised within 45 days of this round, from Fundz verified event records.
- Databricks raised an undisclosed amount (Series G+) on September 14, 2023.
- Databricks raised $504M on September 14, 2023.
- Brillio raised an undisclosed amount on September 5, 2023.
- Modular raised $100M (Funding Round) on August 24, 2023.
- Giftpack AI raised an undisclosed amount (Funding Round) on September 21, 2023.
- Gizmo raised $3.5M (Seed) on September 21, 2023.
Who to call at IVIX, and when
A new round usually means IVIX is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day IVIX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at IVIX, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at IVIX. With Fundz connected, it knows.
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Fundz sees it the moment IVIX raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansIVIX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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