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HomeFunding Boulder-based Valid8 Financial Secures $8.5M in Series A Round Funding

[Funding alert] Boulder-based Valid8 Financial Secures $8.5M in Series A Round Funding

Boulder-based Valid8 Financial secures $8.5M in series A round funding to propel forensic accounting into the digital era. This new funding allows us to invest in research and development and go-to-market strategy to build a more robust product that solves the challenges of investigating and analyzing complex financial matters and white-collar crime.

Boulder-based Valid8 Financial secures $8.5M in series A round funding to propel forensic accounting into the digital era. This new funding allows us to invest in research and development and go-to-market strategy to build a more robust product that solves the challenges of investigating and analyzing complex financial matters and white-collar crime.

For far too long, accounting, law firms, and government investigators have relied on archaic processes to trace the flow of funds and prepare evidence.

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Valid8’s AI-powered platform empowers professionals to analyze every financial transaction in just hours, eliminating sample risk, creating verified, courtroom-ready evidence, and saving significant time and money.

Modern technology eliminates this labor-intensive, high-risk process. Valid8’s software uses AI and automation to remove sample risk from the process by rapidly parsing, reconciling, and categorizing financial data from numerous sources, including bank and brokerage statements, Bitcoin deposits and withdrawals, and even hand-written checks.

Read also-  NYC-based Hang Secures $9.2M in Series A Round Funding

Silverton Partners led our Series A funding round, with participation from Touchdown Ventures, First Trust, CPA.com and Capital Midwest. Roger Chen, partner with Silverton Partners, will join their board to support Valid8’s continued growth and development.

This exciting announcement follows two recent product expansions. Their industry-leading Verified Financial Intelligence (VFI) platform now includes AI categorization and automated multicurrency support, allowing customers to reclaim hundreds of hours lost to manual processes.

About Valid8 Financial

It all started in 2017 with a disgruntled team of accountants trying to sort through a Ponzi scheme case. Valid8 Financial is the world leader in Verified Financial Intelligence (VFI) and is employed on the most high-profile, complicated bankruptcy, fraud, and cryptocurrency cases worldwide.

Read also – Cambridge-based Malta Secures an Undisclosed Amount in Funding

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