Baselayer (Seed)
Funding Details
Awarder
Inbox
Date Award
May 1, 2024
Vertical
AI Risk Engine
Funding Amount
$6,500,000
Company Info
Founding Year
2023
Traction
Securing almost 30 customers in under 6 months, including Rho and one of the top-five loan infrastructure systems. Baselayer has expanded its total reach to over 25 million potential business accounts.
Organizations Involved
Rho, one of the top-five loan infrastructure systems
Founders
Jonathan Awad, Timothy Hyde
Market
Fintech
Location
New York, NY, US
Coinvestors
Torch Capital, Afore Capital, Founder Collective, Picus Capital, Gilgamesh Ventures, Eric Woodward, Jason Mikula, executives from Stripe, Brex, Valley Bank, Airbase, and 15 other fintech founders
Company Description

Baselayer is an innovative B2B platform utilizing proprietary artificial intelligence technology to reduce fraud, automate business onboarding for SMBs, and increase security throughout the entire banking system. Its platform transforms the silo of data sharing that has previously existed across financial institutions to elevate levels of customer confidence and provide an enhanced sense of security to all banks across the country.

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