What is BioCatch?
Founded in 2011 and headquartered in Israel, BioCatch offers a sophisticated platform that develops behavioral biometric profiles of online users. This technology is crucial for recognizing a wide spectrum of human and non-human cybersecurity threats, providing a robust defense against evolving digital risks. The company's approach moves beyond traditional security measures by analyzing user behavior to detect anomalies indicative of fraud or malicious activity, thereby safeguarding digital interactions for enterprises.
How much funding has BioCatch raised?
BioCatch has raised a total of $213.1M across 6 funding rounds:
Other Financing Round
$600K
Other Financing Round
$1M
Unspecified
$6.5M
Series A
$10M
Series B
$30M
Series C
$165M
Other Financing Round (2012): $600K with participation from JANVEST Capital Partners
Other Financing Round (2013): $1M led by JANVEST Capital Partners
Unspecified (2014): $6.5M supported by OurCrowd and JANVEST Technologies
Series A (2014): $10M featuring Blumberg Capital and OurCrowd
Series B (2018): $30M backed by JANVEST Capital Partners, OurCrowd, CreditEase, Kreos Capital, and American Express
Series C (2020): $165M with participation from CreditEase, Maverick ventures, Barclays, National Australia Bank, Citibank, Bain Capital Tech Opportunities, HSBC, and American Express
Key Investors in BioCatch
CreditEase
CreditEase is a leading FinTech company in China, specializing in inclusive finance and wealth management, in addition to payment technology, marketplace lending, crowdfunding, robo-advisory, insurance technology and blockchain products and services. CreditEase actively engages with global FinTech innovators through business incubation, commercial co-operation, and investment. Better tech, better finance, better world.
Barclays
Barclays PLC is a British multinational universal bank headquartered in London, providing a wide range of financial services to consumers, businesses, and institutions globally. The company operates through multiple divisions including retail banking, corporate and investment banking, wealth management, and credit cards.
American Express
American Express operates as a global financial services organization specializing in payment solutions and travel services for both consumers and businesses. The company has built its operations around a comprehensive ecosystem of charge and credit card products designed to meet diverse spending and financial management needs across multiple customer segments and industries.
What's next for BioCatch?
With substantial enterprise-level backing and a recent strategic investment, BioCatch is well-positioned for continued expansion and innovation in the cybersecurity landscape. The company's focus on behavioral biometrics addresses a critical need for advanced threat detection, suggesting future growth will likely involve scaling its platform, enhancing its AI-driven analytics, and broadening its market reach to combat increasingly complex cyber threats. This strategic financing will empower BioCatch to further solidify its leadership in fraud prevention and identity verification solutions.
See full BioCatch company page
