CertifID, a wire fraud protection platform for the real estate sector, has raised $47.5m in a Series C round led by Centana Growth Partners. Existing investor Arthur Ventures also participated, having previously led CertifID’s Series A and B rounds totalling $32.5m.
The company helps title firms, law offices, lenders and estate agents safeguard transactions using AI-powered tools, direct insurance, and fraud recovery services.
With the new capital, CertifID plans to enhance its technology across identity verification, transaction monitoring and secure payments. It will also grow its team, expand partnerships, and accelerate new product development. Last year, the company prevented $1.3bn in fraud losses and recovered over $100m for victims. To date, it has verified more than one million mortgage payoffs.
CertifID executive chairman Tom Cronkright said, “The investment in CertifID felt like a natural fit given Centana’s deep expertise in the identity and fraud prevention space. They understand our mission and share our commitment to securing critical financial transactions. I’ve personally experienced the devastating impact of wire fraud, and we started CertifID to help ensure others don’t have to. With this investment, we’re doubling down on innovation to stay ahead of shape-shifting fraud and deliver the highest level of protection to our customers.”
CertifID CEO Tyler Adams added, “Most business owners don’t realize what they are up against: The increase in sophistication and frequency of attacks in the age of AI is alarming. Our customers rely on CertifID every day as identity verification becomes more difficult and transactions get riskier to complete. This funding enables us to remain focused on innovation, staying ahead of emerging threats as we scale. Our team is setting a new standard for protecting life-changing transactions.”
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