Darwinium, a US-based startup specialising in customer protection, has netted $10m in a seed funding round led by Airtree and Blackbird.
Darwinium claims it offers a new approach to customer interaction, designed to delight not insult, detect not disable and automate not overload.
The firm said it provides security and protection at scale, with low-touch integration and immediate control. A decision control platform that is future-proofed against new and evolving business challenges.
In addition, Darwinium’s platform identifies bad behaviour in real time by continuously assessing users’ digital interactions across websites, applications, and APIs.
Darwinium combines internal cybersecurity tools with fraud-prevention tools, in a single view. The startup aims to prevent account compromise and online fraud by bringing together previously disjointed security controls.
The company says its solution has already been adopted by organisations in the banking, ecommerce, gaming, payments, and travel sectors. Darwinium currently has locations in California, London and Sydney.
The firm plans to use its newly raised funding for expansions in the product and customer space.
Darwinium CEO and founder Alisdair Faulkner said, “Protecting your customers must be about continuously scrutinizing their digital journey and behavior, rather than a point-in-time evaluation. It requires a joined-up system that allows proper collaboration between digital security and fraud via one singular view.”
Copyright © 2022 RegTech Analyst
Copyright © 2018 RegTech Analyst
