Fortress Risk Management offers a Rampart Intelligence Platform and a suite of behavior-based protection solutions (AMLWatch, PayWatch, CheckWatch, CardWatch, InsiderWatch, DisputeManager) and an expert services arm, Fortress Insight. The company focuses on defending community banks and credit unions from fraud, financial crime, and associated operational and reputational damage. The recent financing will be used to support rapid growth, accelerate its fast-growing customer base, and fund expansion and development of new products and services. Fortress emphasizes a world-class executive team of industry veterans, including David Mitchell (President) and senior product, operations, and technology leaders, to guide product and market development. The firm positions its platform and services as tailored, behavior-based tools and outsourced support to reduce overhead and improve compliance for community financial institutions. No operating metrics or prior financing rounds were disclosed in the announcement.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2014