Baselayer Raises $6.5M Seed Round
Summary
Baselayer, a B2B platform utilizing proprietary Graph AI technology to fight fraud and optimize business onboarding, announced its official emergence from stealth with a $6.5 million seed round and an experienced team of compliance and machine learning experts. Securing almost 30 customers in under 6 months, including Rho and one of the top-five loan infrastructure systems, Baselayer has expanded its total reach to over 25 million potential business accounts. The seed round, which was 5x oversubscribed, included Torch Capital, Afore Capital, Founder Collective, Picus Capital, Gilgamesh Ventures and notable financial industry executives including Eric Woodward, former President of Early Warning Services, Jason Mikula, executives from Stripe, Brex, Valley Bank, Airbase, and 15 other fintech founders. (c) by Massinvestor, Inc. For contact info, please check out our about page.