IVIX, the New York-based AI platform designed to help governments uncover and combat financial crime at scale, has raised $60m in a Series B funding round.
The investment was led by O.G. Venture Partners (OGVP), with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital and Cerca. The latest round takes IVIX’s total funding to $85m.
The company provides AI-powered tools for authorities, using large language models, advanced graph analytics and open-source intelligence to help governments track illicit activity. By indexing publicly available business data, IVIX enables agencies to map financial crime networks that traditional methods often fail to identify.
Funding from the round will be directed towards expanding research and development and driving wider adoption of IVIX’s platform among global authorities. The company said the fresh backing will accelerate efforts to provide solutions for governments seeking to manage increasingly complex financial crime threats.
IVIX’s technology has already been deployed across the U.S., Europe and Asia, where it has assisted authorities in uncovering billions of dollars in offshore assets and other forms of financial misconduct. The platform aims to address both traditional evasion tactics, such as shell companies and offshore accounts, and newer challenges such as cryptocurrency anonymity, high-speed micro-transactions and the expansion of global e-commerce.
IVIX co-founder and CEO Mattan Fattal said, “For decades, publicly available data has been underutilized in combating complex financial crime due to its scattered, opaque nature and challenges in deriving actionable insights. At IVIX, we’ve embraced this mission. By assembling top-tier tech talent, investing in focused research, and leveraging the new era of LLMs combined with modern graph algorithms, we deliver impactful results to our customers. This is the most complex technology I’ve ever worked on, and it’s a true pleasure. Our Series B success positions us to advance our capabilities and help more authorities around the world stay ahead of the rapidly evolving shadow economy. Together with our investors and partners, we’re committed to delivering innovative solutions that create meaningful impact at scale and serve the greater public good.”
OGVP managing partner Ziv Kop said, “IVIX is at the cutting edge of transformative AI technology, delivering breakthrough solutions that address some of today’s most complex challenges. The innovative ability of their technology to unearth illicit financial activities is not just impressive, it’s critical for governments in the digital age. OGVP is excited to lead this new financing round, its third in the B2G digital space, and to partner with IVIX in this period of rapid growth as they expand their impact and help governments deliver better services and stronger security for their citizens.”
Founded in 2020 by security experts Mattan Fattal and Doron Passov, IVIX now operates across several continents, including Europe, the U.S., South America and Asia.
Copyright © 2025 RegTech Analyst
Copyright © 2018 RegTech Analyst
