Doppel Secures $35 Million to Revolutionize AI-Driven Fraud Detection
Forbes
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Contributed by: Kate Gamble
Summary
Doppel, a startup co-founded by Kevin Tian and Rahul Madduluri in 2022, is utilizing artificial intelligence to identify and combat malicious ads and impersonator accounts in the digital space. The company aims to address AI-driven cybercrime by deploying AI agents that can process up to 100 million alerts daily, achieving a 90% accuracy rate in threat detection. Recently, Doppel raised $35 million in funding, totaling $55.5 million, and is valued at $205 million. Initially focused on NFT-related fraud, it now serves various industries to help mitigate social engineering attacks. Its innovative "threat graph" tool tracks relationships between malicious campaigns, enhancing threat anticipation and response for businesses.
