CertifID Announces $47.5M Series C Financing

Gunderson Dettmer represented client CertifID, an Austin-based company tackling wire fraud in real estate transactions, in its $47.5 million Series C financing led by Centana Growth Partners with participation from Arthur Ventures. CertifID combines advanced identity verification, secure payment workflows and direct insurance coverage to protect against fraud. The company’s fraud recovery team has helped recover over $100 million in lost funds since its founding in 2017.

The new financing will help CertifID continue to expand its fraud prevention capabilities into other sectors outside of real estate.

In the announcement of the transaction, CertifID CEO Tyler Adams said, “We're already seeing expansion outside of real estate… large insurance companies holding cyber policies are filing a lot more claims, leading them to ask how they can bolster businesses with preventative measures.”

The Gunderson deal team was led by Jason Cummings and included Alex Weaver and Jasmine Daniel.

Companies
CertifID
Centana Growth Partners
Arthur Ventures