TrackLight, an El Dorado Hills, CA-based company which specializes in AI-assisted fraud detection and prevention, raised $3M in Seed funding.
The round was led by BarronKent and Growth Factory.
The company intends to use the funds to accelerate its platform development, sales, and marketing efforts.
Co-founded by experts Greg Loos and Linda Miller, TrackLight provides AI-powered solutions to empower organizations to proactively detect and prevent fraud. The TrackLight suite includes due diligence, social network analysis, fraud analytics, and case management.
Backed by a library of over 3,000 fraud schemes and capable of scanning billions of open-source intelligence records, TrackLight provides unparalleled insights and specific recommendations to safeguard government programs and corporations against fraud, waste, and abuse.
The company has also made a number of key hires including Chief Data Scientist Erik Halvorson, Chief Revenue Officer Clint Eisenhower; Chief Product Officer Amanda D’Amico, Chief of Staff Kira Conte, and Chief Marketing Officer Heather Antoinetti.
FinSMEs
24/06/2024