Allure Security, an AI disinformation defense company, has raised $17 million in a funding round led by Riverside Acceleration Capital, with participation from Curql, Glasswing Ventures and Gutbrain Ventures.
According to a statement from Riverside, the investment comes amid a sharp rise in AI-driven fraud. The FBI has reported nearly $17 billion in cybercrime losses, including a surge in deepfake-related scams, which have increased by as much as 3,000 percent.
Allure Security focuses on combating these threats by analyzing digital assets to detect and stop impersonation attacks targeting financial institutions and their brands.
“Customers don’t need another stream of alerts. They need a partner that takes full responsibility for the outcome. Our model combines autonomous AI agents with expert human judgment, so we don’t have to choose between speed and accuracy. We deliver both,” Josh Shaul, CEO of Allure Security, said in a statement.
