Baselayer nabs $6.5M seed round for expansion

Baselayer, a NYC-based B2B platform combating fraud with Graph AI, raised $6.5M in seed funding.

Investors included Torch Capital, Afore Capital, Founder Collective, Picus Capital, Gilgamesh Ventures, and fintech executives from Stripe and Brex.

The funds will be used to enhance the platform, develop new features, and scale operations.

Led by CEO Jonathan Awad and CTO Timothy Hyde, Baselayer aims to streamline business verification and reduce fraud.

In its first six months, Baselayer has secured nearly 30 customers and extended its reach to 25 million accounts.