Baselayer, a B2B platform utilizing Graph AI technology to prevent fraud, has secured a $6.5 million seed round led by Torch Capital, Afore Capital, and Founder Collective, among others. The platform’s primary aim is to combat fraud and streamline business onboarding processes, a mission that has already attracted nearly 30 customers, including Rho and top loan infrastructure systems. However, what truly sets it apart is its potential to revolutionize the KYB process. Baselayer’s emergence from stealth is perfectly timed, as it aligns with the industry’s heightened demand for innovative fraud prevention solutions and streamlined access to essential banking services for small businesses.
Baselayer Raises $6.5M Seed Round to Redefine Business Risk with AI Risk Engine
