IVIX Overview
IVIX offers a platform designed for tax authorities to enhance audit efficiency and boost tax revenue. By transforming publicly available business activity data into precise leads using modern algorithms, IVIX aids in pinpointing potential tax evasions. This allows tax authorities to allocate their resources more effectively, elevate collection rates, and foster deterrence in the digital economy.
Cumulative Funding Raised Over Time ($)
Latest News
הסטארטאפ הישראלי IVIX עוזר לרשויות לאתר ולעצור פשעים פיננסיים, כמו העלמות מס ומשלים סבב גיוס חדש
growth-positive
The Israeli company has helped governments identify billions of dollars in the shadow economy in offshore assets and illicit financial activity.
IVIX, an Israeli company specializing in non-compliance exposure, announced the completion of its $60 million Series B financing round led by O.G. Venture Partners, with participation from several other investors. This brings the total amount raised by the company to $85 million. IVIX has developed an AI-powered platform to help governments combat financial crime using advanced technologies. The company plans to use the new capital to enhance its R&D capabilities and expand the adoption of its solutions globally. IVIXs platform is already deployed by government authorities in the US, Europe, and Asia, helping them identify billions of dollars in offshore assets and illicit financial activity.
InvestmentCustomersPartners
growth-positive
IVIX, שהוקמה ב־2020 בידי מתן פטאל ודורון פסוב, גייסה עד היום כ־85 מיליון דולר ● את הסבב הובילה קרן O.G. Venture Partners, בהשתתפות הקרנות Team8 ואינסייט פרטנס
IVIX, an Israeli startup founded in 2020 by Matan Patal and Doron Pasov, has announced a $60 million funding round led by O.G. Venture Partners, with participation from Team8 and Insight Partners. The company, which has raised a total of $85 million to date, offers an AI platform designed to help governments and tax authorities detect tax evasion and money laundering. IVIXs technology cross-references public data with internal tax authority data to identify financial crimes. The company has experienced rapid growth since its first funding round in 2021 and is currently used in several OECD countries. With the new funding, IVIX plans to expand its operations and bring its technology to more governments worldwide.
InvestmentExpand
growth-positive
IVIX raises $60 million Series B to combat financial crime with AI | CTech
IVIX, an Israeli startup specializing in mapping hidden financial networks to combat financial crimes, has raised $60 million in a Series B funding round. This investment, led by O.G. Venture Partners and joined by several other investors, brings the companys total funding to $85 million. The funds will be used to expand operations and recruit additional staff, aiming to grow to 150 employees by mid-2026. IVIXs platform is used by government agencies worldwide to detect money laundering, human trafficking, and sanctions evasion. The company is leveraging AI technology to enhance its capabilities in indexing financial data and identifying anomalies in money transfers.
InvestmentExpand
growth-positive
The Israeli startup maps hidden financial networks, helping tax, security, and enforcement agencies worldwide detect money laundering, trafficking, and sanctions evasion.
IVIX, an Israeli startup focused on combating financial crime, has raised $60 million in a Series B funding round, bringing its total funding to $85 million. The round was led by O.G. Venture Partners and included participation from several other investors. The company plans to use the funds to expand its operations and recruit additional staff, aiming to grow to 150 employees by mid-2026. IVIXs platform helps government agencies detect money laundering, human trafficking, and tax evasion by mapping hidden financial networks. The company is leveraging AI technology to enhance its capabilities and has secured major contracts with authorities in North America, Asia, and Europe.
InvestmentExpand
| Sector | Fintech & Insurtech |
Funding
| Total funding | $88.36M |
| Last funding | $60M |
| Stage | B |
| Rounds | 4 |
| Investors | 10 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.ivix.ai |
| Careers | Careers page |
Locations
Yigal Alon St 82, Tel Aviv-Yafo, Israel
488 Madison Ave #1103, New York, NY 10022, USA
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