VC Fund Investments
Blume Ventures-backed fraud detection startup Bureau raises $12-M led by Quona
Frictionless verification and fraud protection platform Bureau has raised USD 12 million in a Series A round led by Quona Capital, with participation from Commerce Ventures, Okta Identity as well as angels Mark Britto, EVP Chief Product Officer at Paypal, and Bobby Mehta, Retd. President and CEO of Transunion. The funds will be used to enhance the products and establish a wider footprint in India and Southeast Asia. Bureau had raised a seed round of USD 4.2 million in August 2020 from XYZ Ventures, Blume Ventures, Village Global, EMVC and Sweat Equity Ventures, who have invested in the Series A round as well.
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