Pondera Solutions (Series A)
Funding Details
Awarder
Inbox
Date Award
August 14, 2017
Vertical
Fraud Detection
Company Info
Founders
Jon Coss
Market
Government Programs
Location
Gold River, California, USA
Coinvestors
Impact Venture Capital, Serent Capital
Company Description

Pondera Solutions leverages advanced prediction algorithms and the power of cloud computing to combat fraud, waste, and abuse in government programs. Their core detection system, Fraud Detection as a Service (FDaaS), helps their clients detect and prevent hundreds of millions of dollars in improper payments in Medicaid, Unemployment Insurance, the Supplemental Nutrition Assistance Program (SNAP), and other large government programs.

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