What is Nethone?
Founded in 2016, Nethone is dedicated to combating online fraud and minimizing user friction through advanced understanding of digital user behavior. The company operates within the critical cybersecurity and fintech landscape, offering solutions designed to protect businesses from fraudulent activities. Its commitment to innovation in fraud detection positions it as a key player for enterprises seeking robust security measures.
How much funding has Nethone raised?
Nethone has raised a total of $7.7M across 2 funding rounds:
Other Financing Round
$1M
Series A
$6.7M
Other Financing Round (2019): $1M, investors not publicly disclosed
Series A (2021): $6.7M led by Plug and Play Tech Center, Innovation Nest, Atmos Ventures, Firlej Kastory, and ARIA Capital Management
Key Investors in Nethone
Plug and Play Tech Center
Plug and Play Tech Center is an early-stage investor and accelerator known for its global innovation platform, supporting startups across various sectors.
Innovation Nest
Innovation Nest is a venture capital firm specializing in early-stage B2B SaaS startups from Europe, with a strong focus on global scaling and Silicon Valley connections.
Atmos Ventures
Atmos Ventures is a Deep Tech Venture Capital firm based in Central and Eastern Europe, investing in innovative teams tackling complex scientific challenges with a focus on AI and new frontier technologies.
What's next for Nethone?
With a recent major strategic investment and a substantial total funding amount of $7.7M, Nethone is poised for accelerated growth and market penetration. This capital infusion is expected to fuel further development of its fraud protection technologies, enhance its go-to-market strategies, and potentially expand its global reach. The company's focus on understanding user behavior suggests a strategic direction towards AI-driven solutions, aiming to stay ahead of evolving fraud tactics and solidify its position as a leader in enterprise-level fraud prevention.
See full Nethone company page
