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Neuro-Id Secures $35M In Series B Funding Led By Canapi Ventures To Further Capitalize On Expanding Behavioral Analytics Market Opportunity

Neuro-Id Secures $35M In Series B Funding Led By Canapi Ventures To Further Capitalize On Expanding Behavioral Analytics Market Opportunity

11/04/21, 12:30 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgwhitefish
Money raised
$35 million
Round Type
series b
Neuro-ID today announced that it has raised $35 million in Series B funding led by Canapi Ventures. Existing investors Fin VC and TTV Capital also participated in the round. Neuro-ID will use the additional capital to accelerate its mission of unlocking conversion and optimizing fraud screening for digital organizations of all sizes.

Company Info

Company
Neuro
Location
whitefish, montana, united states
Additional Info
Neuro-ID is pioneering the behavioral analytics space, providing a new standard for collecting, translating and actioning on the real-time behaviors of digital interactions. Through a body of patented technology, Neuro-ID developed the Friction Index™, leveraging over a decade of scientific research and discovery in Human-Computer Interaction (HCI) to measure both customer Intent and Experience. For companies, this real-time behavioral data is used during the digital onboarding process to segment genuine from fraudulent customers, enabling them to maximize conversion, reduce false positives and stop sophisticated fraud. Neuro-ID is committed to shaping the Digital Transformation in positive ways, by helping recapture critical human elements lost when business moved online. For more information, visit neuro-id.com.