Prelude, a Paris, France-based company developing a fraud-resistant SMS verification API, raised $8M in Seed funding.
The round was led by Singular and Seedcamp.
The company intends to use the funds to drive global expansion through customer acquisition across Europe and North America and enhance product offerings with new mobile-first onboarding services.
Founded in 2022 by Matias Berny and Quentin Le Bras, Prelude provides SMS verification, onboarding, and user engagement with a unified API platform built for developers. It enables businesses to improve the way they protect their users and reduce SMS costs through proactive fraud prevention, real-time analytics, and smart routing across 30+ carriers and channels.
In two years, the startup has protected over 100 millions user accounts across 230 regions
and applied the same service principals to its transactional API. Prelude works with dozens of enterprise customers worldwide across a range of verticals including social services, finance, travel, retail and food technology, in partnership with companies such as BeReal, Locket, Alma and Bitstack.
FinSMEs
13/11/2024