What is BlockScore?
BlockScore offers a robust identity verification and anti-fraud solution designed for online transactions. The company provides an unintrusive experience for consumers while delivering accurate and cost-effective fraud prevention for businesses across various industries, including digital currencies and traditional commerce. By leveraging advanced technology, BlockScore aims to mitigate risks associated with online activities, ensuring secure and reliable transactions for its clients.
How much funding has BlockScore raised?
BlockScore has raised a total of $2M across 1 funding round:
Angel/Seed
$2M
Angel/Seed (2014): $2M with participation from Lightspeed Venture Partners, Boost VC, Y Combinator, Khosla Ventures, New Atlantic Ventures, and Battery Ventures
Key Investors in BlockScore
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
Boost VC
Boost VC is a leading investor in deep tech, focusing on emerging and frontier categories, providing funding primarily through Pre-Seed rounds with investments averaging $500k.
Y Combinator
Established in 2005, Y Combinator provides seed funding for startup businesses and acts as a gauge for investors.
What's next for BlockScore?
With the recent infusion of major strategic investment, BlockScore is poised for accelerated growth. The company's focus on enhancing identity verification and anti-fraud measures aligns with the increasing demand for secure online platforms. Future developments are likely to include expanding its service offerings, deepening its technological capabilities, and broadening its market reach to cater to a wider array of businesses seeking to protect themselves and their customers from fraudulent activities. This strategic capital will be instrumental in solidifying BlockScore's position as a leader in the fintech and cybersecurity landscape.
See full BlockScore company page