Company News

San Francisco-based fraud and identity platform, Bureau, secures an additional $4.5 million in funding from GMO VenturePartners, augmenting its series A round to $16.5 million. With total funding now at $20.5 million, Bureau's global expansion is well underway. The platform's advanced risk orchestration technology has attracted customers across industries, achieving remarkable growth with a 6x increase in both clientele and revenue in the past year, verifying over 300 million identities. This surge aligns with the urgency of fraud prevention, a priority reflected in the company's strategic acquisitions and partnerships.

Company builds out executive team to lead product roadmap innovation, enhance engineering prowess, and establish brand leadership position

Bureau, frictionless identity verification and fraud protection platform, emerged from stealth with a $12 million Series A round led by Quona Capital in December 2021. Bureau had earlier raised a seed round of $4.2m in August 2020.