IVIX Secures $60 Million Series B to Combat Financial Crime with AI

IVIX has raised $60 million in a Series B funding round, announced in a press release. The funding was led by O.G. Venture Partners, with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital, and Cerca. This round brings IVIX's total funding to $85 million.

IVIX, headquartered in New York, is the first AI-powered platform designed to help governments combat financial crime at scale. The company uses large language models (LLMs), advanced graph analytics, and publicly available data to identify illicit financial activities. The new capital will be used to accelerate research and development and expand the adoption of its AI solutions globally.

The platform has already been deployed by government authorities in the U.S., Europe, and Asia, helping to uncover billions of dollars in offshore assets and illicit financial activities. IVIX aims to provide authorities with full visibility into financial crime networks that traditional methods often miss, using its OSINT-driven AI and graph analytics to reveal hidden connections.