Sardine raised $70 million in Series C funding in February 2025, led by Activant Capital, bringing total funding to $145 million. The company is pursuing FRAML (fraud and AML) convergence, enabling enterprises to break down silos between fraud prevention and AML through a unified case management platform. Founded in 2020, Sardine was established to address growing challenges in fraud detection and compliance as financial transactions become faster and AI-driven scams more sophisticated.
Cyborg Score Rationale
Sardine has raised $145 million in total capital and operates across more than 300 enterprises in 70 countries. AI agents are in production today, delivering 4X ROI and unlocking millions in previously lost revenue. The company demonstrates strong market traction and strategic focus on AI-driven automation to address a $1 trillion annual fraud problem.
Top Insights
The KYC Agent automates complex identity verification processes with an auto-resolution rate of 88%, reducing onboarding delays
Alert volumes have surged 800%, and compliance hiring can't keep up, creating urgent demand for AI automation in risk operations
Sardine is preparing to help banks and fintech firms meet Nacha's fraud detection mandate for ACH credits by June 2026
Founded by former risk and compliance leaders from Coinbase, Revolut, Uber, and PayPal, bringing deep domain expertise
Named Competitors
Socure — Identity verification and synthetic fraud detection
SentiLink — Identity verification and fraud prevention
Alloy — Embedded KYC/AML and fraud prevention platform
Recent Developments
(February 2025) Raised $70M Series C funding led by Activant Capital, bringing total funding to $145 million
(February 2025) Announced suite of intelligent AI agents for fraud and compliance automation
(As of April 2026) Operating across 300+ enterprises in 70 countries with $660M valuation
Open the full interactive Sardine report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.