Fraud detection API Unit21 raises $13M Series A
Unit21, a platform of no-code tools for risk and compliance teams, today announces $13 million in funding led by A.Capital Ventures. Diane Greene (founder of VMWare), William Hockey (Founder of Plaid), Chris Britt and Ryan King (Founders of Chime) also participated in the round.
Former Affirm and Shape Security employees Trisha Kothari and Clarence Chio founded Unit21 in 2018 and work with customers like Intuit, Coinbase, Gusto, and Line to create a powerful & customizable rules engine for risk and compliance teams. Unit21’s highly flexible, customizable, and intelligent cloud-based system provides a configurable engine for transaction monitoring, identity verification, case management, operations management, and analytics and reporting.