Sardine, primarily based in San Francisco, has secured US$70 million in Sequence C funding, led by Activant Capital.
This newest funding brings the corporate’s complete funding to US$145 million and can speed up efforts to strengthen fraud prevention and compliance capabilities for monetary establishments and companies worldwide.
Based in 2020, Sardine was established to deal with the rising challenges in fraud detection and compliance as monetary transactions turn into sooner and AI-driven scams extra refined.
With the newest funding, Sardine is additional growing its suite of AI brokers designed to boost fraud detection and compliance workflows.
These AI brokers automate key danger features whereas sustaining human oversight and regulatory transparency.
Amongst them is the KYC Agent, which automates complicated id verification processes, decreasing onboarding delays, with an auto-resolution price of 88%.
Sardine’s platform consolidates danger administration throughout fraud prevention, anti-money laundering (AML) compliance, and credit score underwriting.
With over 2.2 billion gadgets profiled, the corporate leverages community results to establish rising fraud patterns throughout industries.
The corporate plans to make use of the Sequence C funding to additional improve its AI-driven fraud detection capabilities, broaden world operations, and enhance real-time danger evaluation for monetary providers.
Its focus will likely be on enhancing AI brokers whereas making certain compliance with regulatory requirements, integrating fraud prevention and AML capabilities right into a single danger administration platform, enhancing real-time transaction monitoring for fast fee techniques, and detecting AI-generated fraud by way of behavioural biometrics and gadget intelligence.
Sardine additionally goals to strengthen safety for digital shops of worth, together with pensions, loyalty factors, and reward playing cards, and refine danger detection capabilities for B2B transactions.
As monetary rules evolve, the corporate can also be making ready to assist banks and fintech companies meet new compliance necessities, equivalent to Nacha’s upcoming fraud detection mandate for ACH credit by June 2026.
“This funding will speed up our mission to rebuild belief in monetary providers. The challenges we face are immense, however we’ve assembled a crew of danger consultants, knowledge scientists, and engineers devoted to fixing these issues,”
the corporate said.
“We’re constructing the instruments we want we had. And we’re simply getting began.”
Featured picture credit score: edited from freepik
