AI Startup IVIX Raises $60M to Tackle Global Financial Crime

Jerusalem, 18 August, 2025 (TPS-IL) — IVIX, an AI-powered platform that helps governments combat financial crime, announced Monday it raised $60 million in a Series B funding round led by O.G. Venture Partners, backed by Israel’s Ofer Global, with participation from Insight Partners, Citi Ventures, Team8, Disruptive AI, Cardumen Capital, and Cerca.

Co-founded in 2020 by Israelis Mattan Fattal and Doron Passov, the New York-based company has now raised a total of $85 million. Its technology uses large language models, graph analytics, and open-source data to uncover offshore assets, money laundering, and tax evasion, and is already deployed by authorities in the U.S., Europe, and Asia.