CertifID, an Austin, TX, and Grand Rapids, MI-based wire fraud protection company, has secured $20 million in Series B funding.
SaaS Investors
Arthur Ventures led the round.
Founded in 2008, Arthur Ventures is a venture capital investment firm based in Minneapolis, Minnesota. The firm prefers investing in B2B software companies based in the United States and Canada.
CertifID Use of Funds
The funding will be used to further develop the company's solutions and continue its efforts to protect against wire fraud in real estate transactions.
About CertifID
CertifID is a wire fraud protection company that safeguards billions of dollars every month from fraud with advanced software, insurance, and proven recovery services. Trusted by title companies, law firms, lenders, realtors, home buyers and sellers, and others, CertifID provides further peace of mind with up to $1M in direct coverage on every wire it protects.
Funding Details
Company: CertifID, Inc.
Raised: $20.0M
Round: Series B
Funding Month: September 2023
Lead Investors: Arthur Ventures
Additional Investors:
Company Website: https://www.certifid.com/
Software Category: Wire Fraud Protection Software
Source: https://www.businesswire.com/news/home/20230912425188/en/CertifID-Secures-20M-in-Series-B-Funding-to-Protect-Real-Estate-Industry-from-Fraud