IVIX completed $12.5 million Series A Round funding
Sector:
Software
GovTech
Cybersecurity
08/07/2023
New York, NY USA
IVIX
completed $12.5 million Series A Round funding. Investors include
Insight Partners (lead), Cardumen Capital, Citi Ventures, Team8.
Matan Fattal, CEO and co-founder of IVIX, said: "IVIX has already helped cities, states and countries around the world recover billions in lost revenue and we're excited about continuing our expansion with this new investment. We're proud to give governments the tools they need to gain visibility into the shadow economy and our Series A success is a testament to both our history of success and potential for growth. We're excited for this next phase of our business and look forward to helping more customers level the playing field."
About
IVIX’s innovative platform helps government authorities around the world illuminate large-scale financial crimes, such as money laundering, sanctions evasion and tax non-compliance, at speed and at scale. Powered by Open-Source Intelligence-driven AI (OSINT) and graph analytics, IVIX transforms publicly available data into a powerful resource that reveals hidden business activity, accelerates investigations and streamlines workflows, empowering authorities in their mission to reduce financial crime.
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