IVIX, an Israeli-founded AI startup, raised $60 million in a Series B led by O.G. Venture Partners, with backing from Insight Partners, Citi Ventures, and others, bringing its total funding to $85 million. The company’s platform uses large language models and graph analytics to detect money laundering, sanctions evasion, tax fraud, and other financial crimes by analyzing public business data, blockchain activity, and micro-transactions. IVIX plans to expand its workforce from 60 to 150 and deepen its research to help global authorities combat a $20 trillion shadow economy that traditional investigative methods struggle to track.
Israeli-Founded AI Startup Raises $60M to Help Governments Fight Financial Fraud
