Raptorx AI

RaptorX AI operates as a B2B company at the intersection of fintech, regtech, and e-commerce, providing an AI-powered platform for fraud prevention and risk intelligence. The company was founded in April 2023 by Pratyusha Vemuri, who was motivated to start the venture after a personal experience with cyber fraud. Vemuri brings over 18 years of cybersecurity experience to the company, having held positions at Zscaler, Akamai Technologies, and Palo Alto Networks, and led product teams focused on identity protection at Microsoft.

Headquartered in Hyderabad, India, RaptorX AI targets businesses, including U.S. institutions, within the banking and e-commerce sectors, aiming to protect them from financial losses and reputational damage. The company addresses the growing threat of cyber fraud, which includes payment fraud, identity fraud, and money laundering. Its business model centers on providing software solutions that help clients assess cyber risks by monitoring behavior metrics, interactive graphs, and real-time transactions. The platform is designed to be scalable, with plans to handle over a billion monthly transactions for more than 50 enterprise customers.

The core of RaptorX AI's offering is its real-time, AI-native fraud and Anti-Money Laundering (AML) detection platform. It utilizes a graph-powered system and both unsupervised and supervised machine learning to identify and surface first-time fraud, mule rings, and synthetic IDs with high accuracy. Key features include real-time transaction monitoring, dynamic scoring to reduce false positives by a reported 40-50%, and automation of transaction screening and case triage. The platform provides explainable AI for transparent insights and a graphical dashboard for real-time monitoring. RaptorX AI plans to introduce dedicated modules for payment screening, mule detection, and return fraud detection.

The company, formerly known as Panoplia.io, secured pre-seed funding to enhance its AI capabilities and expand its team and system integrations. Investors include PeakXV Spark, EagleWings Ventures, and Point One Capital, with participation from notable angel investors.

Keywords: fraud detection, AML, risk intelligence, cybersecurity, regtech, fintech, e-commerce security, transaction monitoring, machine learning, graph analytics