Anti-fraud company SEON completes $80 million Series C funding round, led by Sixth Street Growth
ChainCatcher news, anti-fraud company SEON announced the completion of an $80 million Series C financing round, led by Sixth Street Growth, with participation from IVP, Creandum, Firebolt, and new investor Hearst. This new round brings SEON's total funding to $187 million, including a $94 million Series B round raised in 2022. The company's two founders previously established a fiat-supporting cryptocurrency platform in Central and Eastern Europe, and SEON will also address the increasingly complex digital environment in related fields.
Currently, SEON provides services to clients across various industries, including cryptocurrency, gaming, financial institutions, and e-commerce. Its clients include Patreon, Revolut, NuBank, Ladbrokes, as well as Air France and KLM Royal Dutch Airlines. With the help of the new funds, they hope to reach more clients and offer effective yet budget-friendly fraud prevention solutions.
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