BioCatch is a Fraud Prevention & Risk Signals company founded in 2011 and based in Tel Aviv, Israel. It is valued at $1.3B.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 2, 2024 | Private Equity | — | $1.3B | Permira |
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BioCatch's fraud and financial-crime platform for retail banks. Its Align layer collects thousands of application, behavioral, device, network and transactional signals from each user session, and Continuous Behavioral Sequencing models flag anomalies such as remote-access tools, unusual typing cadence or an active phone call. The output is a risk score with threat indicators that separates genuine customers, fraudsters and customers acting under duress.
Solutions built on Connect for authorized fraud, where a real customer is talked into sending money, and for accounts used to receive and move stolen funds. They draw on the same session signals, such as an active phone call or a remote-access tool, to separate a customer acting under a fraudster's direction from normal use, so a bank can stop the transfer before the funds leave.
Solutions that score new-account applications and logged-in sessions for account-opening fraud and account takeover, using the behavioral and device signals Connect collects. Fraud teams investigate flagged cases with BioCatch Link, Analyst Station, Rule Manager, the Insights Query Engine and a Push API that sends risk results into a bank's own systems.
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