EMVC-backed Bureau raises $30M in funding led by Sorenson Capital with PayPal Ventures.

Bureau, a leading risk intelligence platform for identity, fraud, and compliance decisions, announced today it has raised $30 million in Series B funding. The round was led by Sorenson Capital, with participation from PayPal Ventures, alongside participation from existing investors Commerce Ventures, GMO Venture Partners, Quona Capital, Village Global, and others. Emphasis Ventures (EMVC) has been an investor in the company since its seed financing round.

This latest investment highlights the growing demand for Bureau’s AI-powered solutions in combating fraud across global financial ecosystems. With plans to scale its product portfolio, talent acquisition, and geographical reach, Bureau is poised to empower businesses worldwide in their fight against fraud, all while maintaining seamless and secure customer experiences.

"As cyber fraud reaches unprecedented levels, Bureau stands at the forefront of innovation, utilizing advanced AI to prevent fraud and protect consumers and businesses alike," said Ranjan R Reddy, Founder & CEO of Bureau.

Since its inception in 2020, Bureau has verified over 600 million identities and supports over 150 enterprises across industries including banking, fintech, gaming, and e-commerce. The platform's proprietary Identity Knowledge Graph and real-time contextual fraud prevention technology provide unparalleled risk intelligence, enabling businesses to navigate growing regulatory and security challenges with confidence.

This funding round will accelerate Bureau's mission to expand its global footprint, with particular focus on entering markets like North America, Mexico, and Saudi Arabia. The company will also enhance its AI-driven solutions, tackling a wide array of fraud types, from money mule detection to account takeover prevention.

The fund raise news has also appeared in Forbes, Reuters, The Economic Times, Business Standard, YourStory, VCC, among other media outlets.