Sardine, an AI-driven risk platform for fraud prevention, compliance, and credit underwriting, has raised $70 million in Series C funding in a round led by Activant Capital, bringing its total funding to $145 million. Sardine is rapidly growing, as evidenced by 2024’s 130% YoY rise in ARR, and over 2.2 billion users’ devices now profiled. The investment will enhance Sardine’s offerings, especially for financial institutions, with AI-driven agents that enable risk teams to reduce manual workloads, improve fraud detection accuracy, and streamline compliance processes.
Sardine AI Raises $70M to Make Fraud and Compliance Teams More Productive
