Apate sends AI agents undercover to get scammed so they can gather fraud intelligence | TechCrunch
Summary
Apate.ai builds AI agents that pose as scam victims to engage fraudsters and collect intelligence on their methods. The startup serves banks, telecom companies, government agencies, and utilities with an insights portal and anti-fraud analytics. It says its agents have handled millions of conversations and helped customers disrupt scam campaigns and reduce losses. The company raised $8.15 million in seed funding and plans to use the capital for product development and international expansion.
Funding
Amount
$8.2M
Total raised
Date
October 14, 2026
Announcement date
Investors
Concept Ventures, Investible, Commonwealth Bank of Australia
Lead investors
Company
Apate.ai
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Security
General Security Software
Linked Companies
Apate
$1M to $5M