In a significant development for the cybersecurity sector, an artificial intelligence-driven startup has raised $600,000 in pre-seed funding. The company, which specializes in deepfake detection and digital identity protection, plans to use the funds to enhance its AI technology and accelerate product development.
The funding round was spearheaded by a Gurugram-based angel investment firm, with additional support from investors in Boston and San Francisco. This financial boost comes at a crucial time, as the startup aims to address the growing risks of AI-generated fraud.
Founded just last year, the company has already initiated pilot projects in New York and Singapore. Its leadership team, comprising experts in AI and data science, is committed to redefining fraud prevention on a global scale.
“We’re dedicated to protecting real identities from digital deception using cutting-edge AI,” the CEO stated.
Currently pre-revenue, the startup is focusing on global expansion through partnerships with fintech companies, financial institutions, and enterprises. Their AI models are designed to detect deepfakes across various media formats, including video, image, audio, and real-time streams.
The company is also collaborating with financial institutions on video verification and KYC use cases, claiming to have achieved top-tier benchmarks in AI-powered fraud detection.
An investor representative emphasized the urgent need for robust cybersecurity solutions, stating, “Cyber threats are evolving rapidly, endangering businesses and individuals. This startup’s real-time AI approach aligns with the pressing demand for digital identity protection.”
As cyber threats and deepfake risks continue to grow, the startup’s AI-powered solutions position it as a potential key player in the future of cybersecurity and fraud prevention.
