Quantifind is a provider of advanced financial crime risk management technology that has recently secured a $23 million investment round led by DNS Capital with additional contributions from US Venture Partners, Valor Equity Partners, and S&P Global. This infusion of capital has allowed the firm to extend its reach into foreign countries, boost its global brand recognition, and improve its services related to investigations of financial crimes, customer tracking, alert assessment, and supply chain risk review. With its broad data coverage, comprehensive feature set, and precise detection performance based on science, Quantifind is set to provide the right tools for professionals in government and industry who are tackling financial crime and emerging threats.
At the core of Quantifind’s offering is a robust set of features that enable organizations to pinpoint, investigate, and prevent financial crimes. Its extensive data coverage includes insights from more than 100 sources such as banking records, payment systems, and government reports. On top of this, the firm’s comprehensive feature set contains AI-powered analytics tools like link analysis and customer segmentation that allow customers to gain deeper insights into the behavior of their customers. Moreover, its detection performance is based on science and is powered by machine learning algorithms that are specifically designed to detect suspicious activities in real-time.
The injection of capital has allowed Quantifind to expand its presence in foreign countries and increase its brand awareness across the globe. Furthermore, the investment has enabled the firm to upgrade its services for investigating financial crimes and alert assessment. Thanks to its advanced AI-powered analytics tools and wide data coverage, Quantifind is now better prepared to offer professionals in government and industry the necessary tools for combating financial crime and emerging threats.
The investment was spearhead by DNS Capital with additional contributions from US Venture Partners, Valor Equity Partners, and S&P Global. DNS Capital is a venture capital firm that specializes in investments in early-stage technology companies. US Venture Partners is a venture capital firm that provides funding to early-stage technology companies in the US. Valor Equity Partners is a private equity firm that focuses on investments in technology-driven companies. Lastly, S&P Global is an investment research firm that furnishes financial information about public companies across the world.
Vibhor Rastogi, head of AI/ML/Data investing at Citi Ventures was quoted as saying: “It is essential for risk management teams to have cutting-edge detection systems in order to reduce and prevent potential financial crimes and global risks.” This statement indicates that Citi Ventures acknowledges the importance of Quantifind’s advanced technology for fighting global risks.
The influx of capital has allowed Quantifind to expand its presence in foreign countries and increase its brand awareness worldwide. Moreover, it has enabled the firm to enhance its services related to financial crimes investigation and alert assessment. With its wide data coverage, comprehensive feature set, and precise detection performance based on science, Quantifind is now better equipped to provide professionals in government and industry with the necessary tools for tackling financial crime and emerging threats.
The investment has provided Quantifind with the resources it needs to build upon its offerings and expand its customer base globally. Its wide data coverage allows organizations to gain detailed insights into their customer behavior and detect suspicious activities in real-time. With this information, organizations can create stronger fraud prevention strategies as well as identify potential opportunities for growth. Additionally, its AI-powered analytics tools enable customers to gain a more comprehensive understanding of their customers’ behavior and make more informed decisions about how best to serve them.
Furthermore, Quantifind’s precise detection performance based on science allows customers to reduce false positives and false negatives while improving accuracy rates across their entire fraud detection system. This ensures that organizations are able to identify potential issues quickly while minimizing their risk exposure. The firm also offers a wide range of services such as customer tracking, alert assessment, supply chain risk review, and more that customers can take advantage of to further strengthen their financial crime risk management processes.
In summary, Quantifind’s recent investment round has enabled the firm to expand its presence in foreign countries, boost its global brand recognition, and upgrade its services related to investigations of financial crimes, customer tracking, alert assessment, and supply chain risk review. The investment was spearheaded by DNS Capital with additional contributions from US Venture Partners, Valor Equity Partners, and S&P Global. Thanks to its advanced AI-powered analytics tools and wide data coverage, Quantifind is well-positioned to provide professionals in government and industry with the necessary tools for fighting financial crime and emerging threats.
