ThreatMark provides a fraud prevention platform that continuously monitors behavioral, device, threat, and transactional data to detect deviations that signal potential fraudulent activity in real time. The platform uses AI and machine learning to identify known fraud patterns and adapt to emerging threats as it processes new data. Its primary customers are banks and participants in the financial services ecosystem. Led by CEO Michal Tresner and CTO Krystof Hilar, the company plans to use recent funding to expand market reach (including the UK and US), accelerate research and development, and enhance solution capabilities. Over the past 12 months ThreatMark has achieved a 75% year-over-year ARR increase. The company has raised $37 million in total funding since its founding. ThreatMark develops behavior-based fraud prevention solutions and positions itself as a market innovator. The company says the latest funds will be used to advance research and development, expand market reach, and enhance product capabilities. ThreatMark is nearing the end of a year with over 50% year-over-year revenue growth. Over the past 12 months the company has secured more than $13 million in cumulative funding, with Springtide Ventures leading that group of investors. Management framed the fundraising as a vote of confidence in the company’s vision and execution amid a challenging funding environment. ThreatMark plans to leverage investor support to accelerate growth in the fraud prevention market. ThreatMark is a Prague-based provider of advanced online fraud prevention built on AI and cybersecurity expertise. Its core product uses AI-powered behavior profiling, advanced behavioral biometrics, and real-time transaction risk monitoring and analysis to detect and prevent sophisticated digital fraud. The platform processes a comprehensive set of data to continuously monitor user identities and intentions across digital channels, with a focus on financial services and other major online businesses. The company appointed Daniel Rawlings as CEO & President while co-founder Michal Tresner continues as Chairman and Chief Product Officer and co-founder Kryštof Hilar remains CTO. ThreatMark completed a new $3M funding round led by Springtide Ventures. Management says the capital and leadership changes will support expansion and growth, with an initial emphasis on Europe and North America.

Total raised

$31M

Funding rounds

4

Latest round

Convertible Note

Latest activity

Jan 2025