Ballerine Analysis: $5M Raised
What is Ballerine?
Ballerine is an open-source platform that assists financial institutions in managing merchant risk, ensuring compliance, preventing fraud, and reducing operational costs.
Founded
2022
Revenue
$3.2M
Company Stage
Seed
YC Batch
S22
Product Features & Capabilities
- Merchant Monitoring, Merchant Blocklist, Case Management, Digital Onboarding, Risk Tools API, Underwriting, Ongoing Monitoring, Identity Verification, Sanctions Screening, Website Monitoring, Merchant Blacklists, Business Verification, Document Signing, AI-Powered Modules, Unified API, Workflow Engi
How much Ballerine raised
Seed - $5 million
May 23, 2023Lead Investor: Team8, Y Combinator, Vera Equity, and several angel backers.
Investors
- Team8
- Y Combinator
- Vera Equity
- Dallas Venture Capital
- Iron Nation
- Moneta Venture Capital
- Marco Ronning
- Executives from Brex, Trulioo, Venmo, Melio, and Coinbase
