Pre-Seed Round

$3.3M Apr 23, 2025

Funding Details

Riptides has raised $3.3 million in pre-seed funding to launch its secure non-human ID management platform, which aims to tackle identity fraud and enhance security for enterprises and AI-first companies. This funding round marks one of Hungary's largest pre-seed rounds, highlighting the growing interest in cybersecurity solutions within the region. The platform is designed to provide robust security measures for machine-to-machine interactions, addressing the increasing concerns around identity theft and fraud in the digital landscape. The investment will be utilized to further develop the platform's technology and expand its market reach. Riptides is positioned to become a key player in the cybersecurity landscape, particularly as businesses increasingly rely on automated systems and AI technologies.

Confidence Score

Data extraction confidence: 90%

Participating Investors

No investors recorded for this funding round.

Related Tweets

No tweets found for this funding round.

Other Data Sources

Exa Round Data

Apr 25, 2025

Exa Enrichment History

Fields Updated

amount currency startup stage

Enrichment Details

Amount

3.3

Currency

USD

Startup

Name: Riptides
Description: Secure non-human ID management platform aimed at tackling identity fraud and enhancing security for enterprises and AI-first companies.

Stage

Pre-Seed

Enrichment History

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