ClearTrust Secures $1.9 Million in Pre-Series A

by Kay Aloha Villamor in January 31st, 2024

ClearTrust, a Bangalore, India-based ad tracking and fraud detection platform, has secured $1.9 million in Pre-Series A funding.  

SaaS Investors  

The round was led by Ideaspring Capital with participation from the Piper Serica Angel Fund.   

Founded in 2016, Ideaspring Capital is a venture capital investment firm based in Bengaluru, India. The firm seeks to invest in B2B, deep tech, blockchain, biosciences, web 3.0, the future of work, and financial infrastructure sectors.  

About ClearTrust  

The company will use the funds to expand operations into North America and invest in research and development in AI, cybersecurity, and deep tech. ClearTrust aims to address the growing threat of ad fraud in the digital advertising industry.  

About ClearTrust  

ClearTrust is a cybersecurity software that detects and mitigates ad fraud and invalid traffic. It focuses on providing state-of-the-art tracking and fraud detection to advertising ops, media buying companies, and teams globally. It uses cutting-edge real-time technology to improve digital ad spend security with maximum accuracy, speed, flexibility, and scale. It helps advertisers, agencies, and networks achieve higher ROI on digital campaigns by removing fraudulent and fake activity.   

Funding Details            

Company: Botman Networks (P) Ltd.

Raised: $1.9M   

Round: Pre-Series A    

Funding Month: January 2024                       

Lead Investors: Ideaspring Capital Piper Serica Angel Fund  

Additional Investors: Piper Serica Angel Fund  

Company Website:   

Software Category: Cybersecurity  


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