IronVest, a New York-based provider of biometric, account-access security solutions that protect personal accounts and personal data from fraud, raised $23m in seed funding.
The round was led by Accomplice, with participation from Trust Ventures, Ulysses, Joule Ventures, and OurCrowd.
The company intends to use the funds to further expand the team, and accelerate its go-to-market efforts to meet the demand of both consumer and employee security and privacy threats.
Led by CEO Avi Turgeman, IronVest empowers consumers and employees to protect their online accounts and identity as they navigate and transact in the digital world. The security and privacy platform and digital wallet combine decentralized, face-biometric fraud prevention technology and a seamless user experience to protect account access and post-access activity in the most sensitive accounts: banks, email, file sharing, business applications and health records.
More than 200,000 users already are using the IronVest app.
The company has a research and development center in Herziliya, Israel. IronVest co-founder and CEO Avi Turgeman, was previously founder and chief technology officer of BioCatch, the market-leader in behavioral biometric fraud detection. Turgeman joins fellow co-founders, Chief Technology Officer Kfir Yeshayahu, Chief Marketing Officer Guy Bauman and Vice President of Product Yaron Dror. Turgeman and Yeshayahu originally met and worked together in the Israeli military’s elite 8200 intelligence unit. Prior to launching IronVest, Turgeman, Bauman and Dror were founding team members at the mobile-commerce startup platform Tapingo, which Grubhub acquired in 2018.
FinSMEs
12/10/2022