Detected, a London, UK- and NYC-based business onboarding tech company, raised $2.5M in funding.
The round saw participation from Thomson Reuters Ventures, Love Ventures, existing investors and angels.
The company intends to use the funds to continue to build the technology, and expand its business reach.
Led by CEO Liam Chennells, Detected provides a business onboarding intelligence platform to a global client base, helping them reduce costs and regulatory risk while improving compliance. The company serves payment companies and Marketplace operators where onboarding new merchants or customers is a time-sensitive, commercial imperative.
Detected allows its customers to design their ideal business onboarding sequence using the no-code modules. Customers then connect to Detected’s ecosystem of risk, fraud and compliance sources, ensuring the most appropriate checks are completed. Finally, the Detected case management system provides a single source of truth and control over all customer data.
Congratulations to Detected on the fantastic achievement of raising $2.5M in funding! Wishing you continued success as you utilize this funding to drive forward your vision. Here’s to the next phase of growth, development, and making a significant impact! #Detected #FundingSuccess #InnovationJourney
~ Dr Shishir said Gupta founder & CEO of StartupLanes
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