Charm Security, an Israeli cybersecurity startup, has emerged from stealth with an $8 million seed round led by Team8 to combat the growing threat of AI-driven financial scams. Founded by former cyber intelligence and fraud prevention experts, the company’s AI-powered platform intervenes in real-time to disrupt scams before they succeed, addressing gaps left by traditional post-transaction fraud detection. With financial fraud evolving into a trillion-dollar industry, Charm Security’s approach leverages AI and psychological insights to protect consumers and financial institutions from sophisticated social engineering attacks.
Charm Security Secures $8M Seed Round to Stop AI-Powered Scams Before They Happen
