Pre-Seed Round

Riptides has raised $3.3 million in pre-seed funding to launch its secure non-human identity management platform, aimed at tackling identity fraud and enhancing security for enterprises and AI-first companies. This funding round marks the largest pre-seed round in Hungary to date. The funds will be utilized to further develop their innovative technology and expand their market reach. The startup is focused on providing robust machine-to-machine security services, addressing the growing need for secure identity management in an increasingly digital world. The investment will help Riptides enhance its platform capabilities and accelerate its go-to-market strategy. The funding was secured from notable investors, including PortfoLion Capital Partners and Kaya VC.