Financial crime and fraud prevention firm Resistant AI has announced raising $25 million in Series B funding, bringing the total raised by the company to over $55 million.
The investment round was led by DTCP, with additional support from existing investors Experian, GV, and Notion Capital.
Founded in 2019, Prague, Czech Republic-based Resistant AI creates document fraud detection and transaction monitoring models that connect documents, transactions, and behaviors to identify fraud attempts.
According to the company, its software can detect sophisticated financial crimes, including complex laundering schemes and money muling, as well as real-time payment (APP), synthetic corporate identity, and generative AI document fraud.
The AI-powered solution also allows for faster merchant onboarding, provides increased clarity to underwriters for faster loan approvals, improves risk visibility, and detects synthetic identities, all without the need to replace existing tech stacks.
Resistant AI has over 100 employees across offices in Prague, London, and New York. Its solutions have been adopted by enterprises, fintech companies, and global financial institutions.
The company will use the new funds to expand threat intelligence capabilities and bring its document fraud detection and transaction monitoring offerings to new markets.
“The financial crime landscape has fundamentally changed with the deployment of LLMs and AI agents in risk prevention settings, and the weaponization of generative AI by fraudsters. Our fraud and fincrime models offer any institution the tools to empower both their human and agentic co-pilots to combat these AI-powered threats at scale,” Resistant AI CEO and founder Martin Rehak said.
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