Bureau has been featured in ‘Inc42’, a prominent Indian technology news media. The company provides SaaS solutions to financial institutions and insurance companies for fraud detection, helping to reduce risks of cybercrimes such as fraud and money laundering. Bureau offers its services globally, including in India, Southeast Asia, the Middle East, and North America, and has protected over $500 million in digital transactions from risks to date.
In the Series A extension funding round conducted in July 2023, we participated as the lead investor. Multiple investors contributed a total of $4.5 million in this round. The total for Series A reached $16.5 million, bringing the cumulative funding to $20.5 million.
Since our investment, we have been actively involved in various aspects, including supporting the introduction of Bureau’s services to several of our portfolio companies and building a strategic partnership with GMO Payment Gateway. These efforts, along with comments from Muramatsu, are featured in the article.
For more details, please visit the following link to read the full article.
[Article Link: https://inc42.com/startups/how-gmo-backed-bureau-id-is-helping-businesses-curb-financial-fraud-protect-their-users/]