Image credits: SEON
SEON, a London-based fraud detection startup, announced on Tuesday that it has raised $94M (approximately €87.1M) in a Series B round of funding. The announcement comes one year after raising $12M (approx €11.1M) in a Series A round in March, 2021.
The round was led by Silicon Valley-based IVP, with participation from existing investors Creandum and PortfoLion. Angel investors, including founders and senior executives from product-led tech companies Aiven, Coinbase, DataDog, DoorDash, Figma, G2, GitHub, Public, Slack, Supercell, UiPath, Veriff, and Wise, also participated.
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The funding will enable the company to accelerate its presence in North America, LATAM, and APAC. The capital will help SEON build partnerships with e-commerce platforms, heighten product functionality, and integrate additional data sources to help customers better fight fraud.
As a part…
