IronVest

IronVest provides intent-centric biometric fraud prevention technology for banks and fintechs, delivering persistent authentication that verifies identity and intent behind every financial interaction. The platform addresses the digital trust gap that emerged when banks lost visibility of customer intent during the transition to digital banking, restoring continuous confirmation of who is present and what they are doing throughout each interaction. IronVest's core technology, ActionID, introduces a novel authentication form factor of what you do by continuously binding each action to who you are, going beyond traditional authentication factors of something you know, have, or are. This binding of user identity and action enables elimination of account takeover attacks, reduction of scams, and detection of first-party fraud. The platform provides resilience against deepfake and AI-based fraud through multi-frame liveness with real-time identity binding, imposter scam prevention through dual-sided identity verification, account takeover immunity through continuous validation, malware and man-in-the-middle protection through real-time screen monitoring, and first-party fraud proof through forensic evidence of person, action, and intent. IronVest operates silently in the background, requiring no codes or secondary devices, and can replace step-up authentication factors while retiring multiple fraud-detection signals, reducing operational expenses by up to 80%. Founded in 2022 and headquartered in New York City, IronVest has raised $38.8M in seed funding from investors including OurCrowd, Joule Ventures, Trust Ventures, Accomplice, Ulysses Management, and Viola FinTech.