nsKnox provides bank account validation and B2B payment security through its PaymentKnox Payment Security Platform, aimed at preventing fraud and ensuring compliance for corporations and banks. Its core technologies include patented Cooperative Cyber Security (CCS) and the Bank Account Certificate for global account validation, master data security, and automated payment transaction scanning. The platform is designed to detect and prevent finance and operations infrastructure attacks, social engineering, business email compromise (BEC), insider fraud, and other advanced persistent fraud attacks. nsKnox works with some of the world’s largest enterprise companies and recently secured tens of new global corporate customers while growing total ARR by more than 125%. The company said it will use the new funding primarily to scale its go-to-market infrastructure and to expand its product suite to corporations and banks. nsKnox positions itself to help organizations avoid significant financial losses, heavy fines, and reputational damage by verifying account ownership and the true entity of senders and receivers for both outgoing and incoming payments. nsKnox provides a real-time corporate payment protection platform that defends organizations against cyber‑fraud, internal fraud, social engineering and data manipulation throughout the payment journey. The platform validates payment authenticity, verifies sender and receiver, and identifies and prevents manipulations across enterprise, bank, and supplier touchpoints. Its Cooperative Cyber Security (CCS) technology combines multiple cybersecurity systems from several organizations to secure both outbound and inbound payments. Founded in 2016 by Alon Cohen and led by CEO Nir Tenzer, the company operates from Boston, MA and Tel Aviv, Israel. nsKnox intends to use the funds from its Series A to expand its global customer base and further develop its corporate payment protection platform. In February 2019 it completed a $15m Series A.

Total raised

$32M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2023