Fenergo Valuation, Funding & Investors

Unit21 is a San Francisco-headquartered no-code platform for fraud detection and compliance. Founded in 2018, it provides APIs and dashboards for transaction monitoring, KYC, AML screening, and case management across fintech, crypto, and e-commerce. The platform processes millions of events daily using machine learning models trained on financial crime patterns.

Sardine is a risk management platform leveraging AI and machine learning for financial services firms. It detects fraud, assesses credit risks, and ensures compliance in digital banking and payments. San Francisco-headquartered Sardine serves fintechs and banks navigating online transaction threats.

TrustDecision is a Hangzhou-based fintech company founded in 2013 that provides risk control and anti-fraud solutions. It develops AI-powered software for financial institutions, insurers, payment platforms, e-commerce sites, and social networks, processing billions of transactions daily to detect theft and fraud.

Anrok is a San Francisco-based developer of sales tax and VAT compliance software tailored for SaaS businesses. Founded in 2021, the platform integrates with Stripe, Zuora, and Salesforce to automate real-time tax calculations, VAT ID validation, nexus monitoring, and multi-jurisdiction filings. It tracks physical and economic nexus across the United States and 100 countries, generating consolidated reports and audit logs for digital goods and services. Anrok connects via no-code tools or APIs to billing, payment, and ERP systems, enabling automated remittances and compliance for global expansion.

Behavox is a London-headquartered enterprise platform for financial services compliance, unifying communications data into a searchable lake since 2014. It applies machine learning to detect misconduct, insider threats, and regulatory violations for banks including JP Morgan and Deutsche Bank. Deployed at major institutions, the system networks installations to refine detection algorithms continuously, supporting surveillance of emails, chats, and trades with high-scale backend engineering.

Feedzai is a Coimbra-headquartered AI platform combating fraud across banking, payments, and e-commerce. It deploys risk scoring for transactions, AML screening, identity verification, and scam detection using behavioral biometrics and generative AI like ScamAlert. Clients include Santander, Citi, and Visa, with operations in US, UK, and APAC for real-time prevention.

Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It serves more than 7,900 financial services organizations, financial technology (fintech) brands, telecommunications companies, and marketplace brands across the globe. The company's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online, enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.

Hawk is a Berlin-headquartered provider of AI-driven anti-money laundering and fraud detection technology. Founded in 2017, the platform combines rules-based systems with explainable AI models to monitor billions of transactions annually across 60 countries. Banks, payment processors, and fintech firms in Europe and beyond deploy Hawk to enhance compliance and risk management in real-time transaction screening.

Vise is a New York-headquartered fintech company founded in 2016 automating investment management for financial advisors via AI. Its platform handles personalized portfolio construction, rebalancing, tax optimization, and client reporting, allowing advisors to prioritize relationship-building while serving clients with customized strategies across asset classes.

Juniper Square is a San Francisco-headquartered software platform for private market fund managers providing investor portals, CRM, automated accounting, and compliance tools. It streamlines fundraising through digital subscription documents, wire tracking, and performance reporting for real estate, private equity, and venture funds. The company serves over 1,000 firms managing $3 trillion in assets with AI-powered insights and mobile access for investor relations.

Nelogica is a Latin America-dominant developer of financial software. Founded in 2003, it holds the largest market share in paid trading platforms, offering automated trading systems, data analysis, and risk management tools. Solutions connect institutional partners with advanced analytics for equities, forex, and derivatives trading across Brazil and regional exchanges.

infiBond is a behavioral analytics platform that integrates deep learning AI into digital services for fintech, e-commerce, and healthcare providers. Its algorithms analyze users' states of mind, personality traits, and motivators to predict behaviors beyond surface-level actions, enabling personalized engagement, risk assessment, and loyalty enhancement. Compliant with GDPR, ISO standards, and US privacy laws, the Israel-headquartered company embeds seamlessly into major platforms worldwide.

Ocrolus is a New York-based financial document automation platform, founded in 2014, that combines AI, machine learning, OCR, and human-in-the-loop quality control to classify, capture, and analyze financial documents with over 99% accuracy. The platform helps lenders automate underwriting, credit scoring, and fraud detection across small business, consumer, auto, and mortgage lending. Its customers include Brex, PayPal, SoFi, Plaid, LendingClub, and Cross River Bank.

Payactiv is a Santa Clara-headquartered fintech delivering earned wage access through its mobile app, allowing employees to tap into paychecks before payday via debit card, bank transfer, or digital wallet. The platform partners with employers like Walmart and McDonald's, offering financial wellness features including bill pay and savings tools to over four million users in the United States, founded in 2013.

Akur8 is a Paris-based SaaS provider of AI-driven insurance pricing and reserving software. The platform automates ratemaking with machine learning algorithms, integrating with tools like SAS and Emblem for P&C carriers in Europe and North America to optimize premiums and loss reserves.

Fujian Apex Software Co Ltd is a China based professional platform-based software company and application solutions provider. It offers software services like business process management (BPM) for different areas including financial securities, including securities and futures and funds, banks and trusts, electronic trading and private equity fund, and business and education.

Iress develops software for the financial-services industry, operating in multiple regions and servicing clients ranging from small retail to large institutional businesses. Its core business unit, mainly in Australia, generates most of the company's earnings and free cash flows. Iress expanded into noncore markets through acquisitions, ultimately eroding returns and margins, with free cash flows from the core business invested in the noncore businesses. Its recent strategy includes reprioritizing growth in the core Trading and Market Data and Wealth businesses, and divesting/monetizing noncore assets. We view this renewed focus on its core business as a positive, as it will help maintain Iress' economic moat.

Sinodata Co Ltd is a software and information service company. The firm is mainly engaged in the design and development of the software applications and platforms for banking and other financial institutions. The company focuses on the internet banking cloud platform, financial asset trading platform, supply chain financial service platform, an e-commerce platform, and mobile payment operations.