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Energy Tech Series B Founded 2019

InoBat

Spec is a provider of a financial fraud prevention platform that automatically collects and unifies trust, fraud, and payment data into a single source of truth. The platform enables teams to respond to insights instantly, automate workflows, and integrate solutions without writing code, ensuring effortless security across financial transactions. Spec's technology combines cybersecurity, biometrics, image…

📍 Bratislava, Slovakia · Energy Storage Tech

Funding snapshot

Last roundSeries B
Amount$104M
Date20 December 2024
Total raised$148M
Team size73

About

Spec is a provider of a financial fraud prevention platform that automatically collects and unifies trust, fraud, and payment data into a single source of truth. The platform enables teams to respond to insights instantly, automate workflows, and integrate solutions without writing code, ensuring effortless security across financial transactions. Spec's technology combines cybersecurity, biometrics, image recognition, and regulatory compliance capabilities to detect and prevent financial fraud across multiple channels. The platform addresses operational risk management, fraud detection, and payment security for financial institutions and fintech companies. Founded in 2020 and headquartered in San Jose, California, Spec has raised $29.3 million in Series A funding from investors including Cyber Mentor Fund, Rally Ventures, SignalFire, Dreamit, and Legion Capital.

Business model

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Team background

College Wise > University of Cambridge, Stanford Business School, Stanford University

Institutional investors

Gotion gov.sk Rio Tinto Ideanomics IPM Group CEZ Group Wildcat Discovery Technologies Amara Raja Group Lilium IPM Bromo Capital

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