BforeAI raises 9 million euros for its #PreCrime technology

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BforeAI, a start-up specializing in predictive cybersecurity, has just completed a new funding round of 9 million euros from American funds Titanium Ventures and Syn Ventures. This sum is in addition to a previous financing of $15 million announced in April 2024 and led by SYN Ventures, with the arrival of the Partnership Fund for New York City, alongside historic investors (Karma Ventures, Karista and Addendum Capital) .

Founded in 2020 in Montpellier by Luciano Allegro, Luigi Lenguito and Sebastian Cesario, the company today employs 92 employees and achieved a turnover of 1.5 million euros in 2023. Its technology, patented and deployed via #PreCrime Intelligence and #PreCrime Brand Defense solutions make it possible to detect and block cyber threats before they materialize, particularly in the financial sector.

BforeAI was also recognized by Gartner in its report Cool Vendors for Artificial Intelligence in Banking and Investment Services 2024which highlights the importance of AI to prevent the risk of fraud and strengthen the security of banking establishments. The capital raised should make it possible to increase research and development, expand the service offering and support the company’s commercial growth.