Company Overview
Snapshot
Founded in February 2022 by Uri Rivner, Zach Dahlgren, Alon Shacham, and Oren Kedem, Refine Intelligence operates with 11–50 employees. The company has raised $13 million across two funding rounds from six investors, with Glilot Capital Partners as a lead investor. In November 2023, the company secured a seed funding round.
Business overview
Refine Intelligence develops technology to combat financial crime, specifically targeting the reduction of false positives in anti-money laundering (AML) investigations. Its proprietary AI platform scans AML alerts from transaction monitoring systems to identify and 'greenflag' legitimate customer activity, thereby reducing investigation time and operational costs for banks. The technology also offers protection against check fraud, scams, and money mules, serving the financial services industry within the Fintech & Insurtech sector.
Strategic signal
In November 2023, Refine Intelligence successfully closed a $13 million seed funding round led by. This significant capital injection validates the company's innovative approach to combating financial crime and signals strong investor confidence in its AI-driven platform. The funding is expected to accelerate the company's expansion and further development of its technology, positioning it for increased market penetration in the financial crime prevention sector.
Log in to access full profile ›Company Intelligence Q&A
- When was Refine Intelligence founded?
- Refine Intelligence was founded in February 2022.
- Who are the founders of Refine Intelligence?
- The founders of Refine Intelligence are Uri Rivner, Zach Dahlgren, Alon Shacham, and Oren Kedem.
- What is Refine Intelligence's primary focus?
- Refine Intelligence focuses on combating financial crime by reducing false positives in anti-money laundering investigations for financial institutions.
- How much capital has Refine Intelligence raised to date?
- Refine Intelligence has raised a total of $13 million across two funding rounds.
- Which investors participated in Refine Intelligence's November 2023 funding round?
- In November 2023, Refine Intelligence raised a seed funding round with participation from.