Apate raises $8.15M seed for anti-fraud AI agents

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Australian startup Apate.ai raised $8.15 million in seed funding in August from Lobby Capital, OIF Ventures, Investible, Concept Ventures, and Baobab Ventures. The company deploys thousands of AI agents that pose as scam victims to bait fraudsters and extract their bank accounts, gathering fraud intelligence. CEO Joffe said the 20-person company has raised just under $10 million in total and will spend the new round on product and international expansion, including opening a London office and building a larger US presence.

AI-generated from reports · 3 days agoUpdate

Latest updatesOct 15 02:00

Apate deploys AI agents to bait scammers and gather fraud intelligence

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Oct 15

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TechCrunch Startups
Apate deploys AI agents to bait scammers and gather fraud intelligence
Australian startup Apate.ai deploys thousands of AI agents that pose as scam victims to bait fraudsters and extract their bank accounts.

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