Heka, a a real-time identity intelligence company helping financial institutions combat synthetic fraud and identity manipulation, has secured $14m in Series A funding.
The investment round was led by Windare Ventures, with participation from Barclays, Cornèr Banca, and a group of other institutional investors.
Heka develops AI-powered tools that analyse publicly available online data to generate real-time digital profiles of individuals. These profiles help financial institutions detect alias usage, behavioural anomalies, and reputational risk—insights that traditional tools and static credit files often miss.
With the fresh capital, Heka plans to accelerate its expansion across the US, while also deepening its presence in the UK and Europe. The funds will also support the ongoing development of its analyst-grade AI engine.
At the heart of Heka’s technology is an AI agent capable of structuring vast volumes of web data into actionable insights, such as fraud indicators and updated contact information. In a recent pilot with a global payment processor, the platform reportedly detected 65% of account takeover losses, all while preserving the user experience for genuine customers.
The company’s tools are already integrated into workflows at major banks, payment providers, and pension schemes, supporting decisions across fraud prevention, account recovery, and customer management.
Barclays head of US principal investments Kester Keating said, “Heka’s offering stood out for its ability to address a critical need in financial services – helping institutions make faster, smarter decisions using trustworthy external data. We’re proud to support their continued growth as they scale in the U.S.”
Windare Ventures managing partner Ori Ashkenazi added, “Identity isn’t a fixed file anymore. It’s a stream of behavior. Heka does what most AI can’t: it actually works in the wild, delivering signals banks can use seamlessly in workflows.”
Heka was co-founded by Rafael Berber, a former global head of equity trading at Merrill Lynch, Ishay Horowitz, a senior figure from the Israeli intelligence community, and Idan Bar-Dov, a lawyer with experience in FinTech and high-tech. The wider team includes experts in intelligence analysis, data science, fraud, and compliance.
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