Acoru, a Spain-based cybersecurity startup focused on next-generation fraud and scam prevention solutions, has raised €4 million in seed funding.
Investors
The round was led by Adara Ventures and Athos Capital.
Adara Ventures is a European venture capital firm founded in 2005 and headquartered in Luxembourg, with additional offices in Madrid, Spain. The firm specializes in early-stage investments in deep technology companies, focusing on cybersecurity, applied artificial intelligence (AI), digital infrastructure, hardware components, digital health, and energy transition technologies. Adara Ventures primarily invests in B2B startups at the seed and Series A stages.
Athos Capital is a venture capital firm based in Madrid, Spain, specializing in early-stage investments in digital ventures with global ambitions. The firm primarily focuses on sectors such as Software as a Service (SaaS), Deep Tech, and Artificial Intelligence (AI). Athos Capital targets startups at the Seed and Series A stages.
Acoru Use of Funds
The company will use the funds to expand its platform across Europe and the Americas and to continue enhancing its AI-powered fraud detection technology.
Acoru is preparing for a Series A funding round in 2026.
About Acoru
Founded in 2023 by Pablo de la Riva Ferrezuelo and David Morán, Acoru has developed a cutting-edge fraud and scam prevention platform that harnesses the power of generative AI, advanced analytics, and a configurable intelligence network to analyze financial transactions in real time. Its platform can track account changes, identify mule accounts (financial accounts criminals use to transfer or launder funds), and detect pre-fraud indicators. Acoru aims to enable users across all levels of an organization to participate in financial crime detection.
Funding Details
Company: Acoru
Raised: €4.0M
Round: Seed
Funding Date: April 2025
Lead Investor: Adara Ventures
Additional Investors: Athos Capital
Company Website: https://www.acoru.com/
Software Category: Cybersecurity / Fraud Prevention
Source: https://www.adara.vc/news/acoru-next-gen-cybersecurity-fraud-and-scam-attacks