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Coris Secures $3.7M Funding, Expands Suite with Two Risk Management Solutions

Coris Secures $3.7M Funding, Expands Suite with Two Risk Management Solutions
Coris Secures $3.7M Funding, Expands Suite with Two Risk Management Solutions

In a strategic move to strengthen enterprise security, Coris has secured $3.7 million in funding, marking a new growth chapter for the risk management specialist. Simultaneously, the company broadens its arsenal with two innovative solutions: CorShield and MerchantProfiler, targeting threat mitigation for small to medium-sized businesses (SMBs).

CorShield is engineered to safeguard at the critical point of sign-up, leveraging data triangulation to identify fraud risks, while MerchantProfiler streamlines the KYB process with real-time data from diverse sources. Together, they complement Fuzio, Coris's central platform, which simplifies risk management through AI-powered automation and analysis.

This expansion addresses industry-wide challenges, as businesses increasingly seek efficient tools to authenticate digital identities and combat B2B payments fraud. Coris’s latest offerings aim to fill this gap, offering enterprises new levels of insight and automation in their risk management strategies.

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