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IronVest Emerges From Stealth Mode With $23 Million in Seed Funding

By Ionut Arghire on October 14, 2022

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Biometric authentication supplier IronVest this week has emerged from stealth mode with $23 million in seed funding.

The funding spherical was led by Confederate, with participation from Joule Ventures, OurCrowd, Belief Ventures, Ulysses, and several other angel buyers.

Based in December 2021, the New York-based firm supplies a biometric safety and privateness utility for safeguarding digital accounts throughout banking, electronic mail, investing, and healthcare companies.

IronVest says its answer takes a decentralized method to non-public knowledge safety that depends on biometric fraud prevention expertise for offering entry to delicate accounts and knowledge.

The IronVest utility additionally presents masked electronic mail addresses, in addition to digital telephone numbers and digital bank cards, to higher defend customers’ identities on-line.

The corporate plans to make use of the brand new funding to increase its worker base and to speed up its go-to-market efforts.

“Constructing a safety and privacy-first infrastructure that leverages decentralized biometric authentication and anonymized PII to fight rising cyberattacks and digital threats whereas truly decreasing friction and bettering the person expertise for customers is on the core of our mission,” IronVest co-founder and CEO Avi Turgeman mentioned.

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