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Synopsis
Sorenson Capital, a multi-stage investor in software, and PayPal Ventures, a venture capital, led a $30m Series B funding in Bureau, a risk intelligence platform, with participation from Commerce Ventures, GMO Venture Partners, Village Global, Quona Capital, and XYZ Ventures. "Bureau utilizes a unique combination of device, behavior, financial, and partner data to quickly block scammers without creating deal-breaking headaches for users. By preventing fraud while avoiding any harm to customer retention, revenue, and growth, Bureau is truly differentiated in the vast and significant fraud-prevention space, and the proof is in their success,” Rob Rueckert, Sorenson Capital Partner.
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