SEON, an Austin, Texas- and Budapest, Hungary-based fraud prevention and AML compliance company, has raised $80 million in Series C funding, bringing its total funding to $187 million.
Investors
The round was led by Sixth Street Growth, with participation from IVP, Creandum, Firebolt, and new investor Hearst.
Sixth Street Growth invests in mid- and late-stage technology companies. The team partners with founders and management to provide differentiated capital solutions that accelerate both organic and inorganic growth. Sixth Street Growth is the dedicated growth investing platform of Sixth Street, a leading global investment firm with over $115 billion in assets under management and committed capital. Since its inception, Sixth Street has invested more than $10 billion in over 70 companies through its Growth franchise.
As part of the investment, Michael Bauer, Managing Director at Sixth Street Growth, will join SEON’s Board of Directors, while Claire Zhang, Principal at Sixth Street Growth, will serve as a Board Observer.
SEON Use of Funds
The company will use the funding to support global expansion, AI-driven product innovation, strategic partnerships, and talent acquisition.
About SEON
SEON provides an AI-powered fraud prevention and AML compliance platform for businesses. Powered by more than 900 real-time, first-party data signals, SEON enriches customer profiles, flags suspicious behavior, and streamlines compliance workflows. With integrated fraud and AML capabilities, SEON operates globally from Austin, London, Budapest, and Singapore, serving thousands of digital-first companies, including Revolut, Plaid, Nubank, Afterpay, Spotify, and Entain. The company’s mission is to enable businesses to prevent fraud without impeding legitimate growth.
Funding Details
Company: SEON Technologies Ltd.
Raised: $80.0M
Round: Series C
Funding Date: September 2025
Lead Investor: Sixth Street Growth
Additional Investors: IVP, Creandum, Firebolt, Hearst
Company Website: https://seon.io/
Software Category: Fraud Prevention / AML Compliance
Source: https://sixthstreet.com/investment_announce/seon-closes-80-million-series-c-led-by-sixth-street-growth-to-scale-command-center-for-fraud-prevention-and-aml-compliance-as-digital-fraud-set-to-exceed-billions-annually/