Verisoul, a US-based fraud prevention and user integrity platform, has raised fresh capital as it looks to accelerate growth amid a sharp rise in AI-driven fraud across digital services.
The company has closed an $8.8m Series A funding round led by venture capital firm High Alpha, with participation from Lookout Ventures, Bitkraft, Bain Future Back Ventures and Third Prime.
Founded to address the growing challenge of fake users, bots and identity-based fraud, Verisoul provides an all-in-one platform designed to help digital businesses verify that users are real, unique and trustworthy across the entire customer journey.
The platform operates across the full user lifecycle, from initial interaction through to conversion and ongoing engagement. It combines real-time behavioural analysis with device and network forensics, alongside identity signals such as email intelligence and ID verification. These inputs are assessed using internally developed AI models and customer-specific rules to classify activity as “Real,” “Suspicious,” or “Fake,” enabling companies to act quickly on high-risk behaviour.
Verisoul said the new funding will be used to expand its team, accelerate product development and scale its go-to-market efforts, as businesses face increasingly sophisticated fraud enabled by autonomous AI agents. The company believes demand is being driven by the rapid growth in intelligent fraud attacks, which it says have increased by more than 250% year on year.
Since raising a $3.25m seed round, Verisoul has scaled from zero to more than 100 customers and achieved over 6x annual recurring revenue growth in the past year. The company currently supports organisations across 12 industries, including advertising, market research, payments and financial services, and says it wins more than 80% of competitive technical evaluations against incumbent providers.
Verisoul co-founder and CEO Henry LeGard said, “Fake users are overwhelming the internet, and AI is making the problem exponentially worse for virtually every digital business. We started Verisoul to stop fraud at every moment throughout the user journey — empowering companies of all sizes and in all industries to ensure users are real, unique, and trusted.”
Customer demand is being fuelled by the operational risks associated with fake accounts, data scraping and payment fraud. Yash Tekriwal, GTM engineer at Clay, said, “As our company grows, securing our user base against sophisticated fake accounts, data scraping, and payment fraud is non-negotiable. Verisoul has given us confidence in the quality of our signups and made a huge impact on our ability to track data credits and AI tokens. It’s a critical part of our fraud strategy as we scale.”
The company is led by LeGard, formerly the youngest director at identity and fraud provider TransUnion, alongside co-founder and CPO Raine Scott and co-founder and CTO Niel Katkar.
Scott Dorsey, co-founder and managing partner at High Alpha, said, “In a world where fraud is costing companies billions and AI is weaponizing bad actors, Verisoul is building the next generation of digital trust. Verisoul’s growth trajectory is rare, driven by Henry’s vision, his exceptional team, and the technically superior solution they’ve developed. Verisoul’s platform doesn’t just block fake users — it is uniquely positioned to be the single source of truth for user integrity at high-growth companies.”
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