Charm Security, a New York-based AI-powered customer security platform, has raised $8 million in seed funding.
Investors
The round was led by Team8, with participation from additional investors.
Team8 is a global venture creation firm specializing in cybersecurity, fintech, data, AI, and digital health, with over $1 billion in assets under management (AUM). Founded in 2014, Team8 is headquartered in Tel Aviv, Israel, with an office in New York, USA.
Charm Security Use of Funds
The company will use the funds to expand its team, accelerate product development, broaden its market reach, and forge strategic partnerships to drive the adoption of its scam prevention platform.
About Charm Security
Founded by Roy Zur and Avichai Ben David, Charm Security is a customer security platform designed to protect organizations and their customers from scams, social engineering, and human-centric fraud. By combining real-time AI-driven interventions, psychological insights, and scam intelligence, Charm empowers organizations and their customers to "break the scam spell" and make secure decisions at critical moments. Using real-time AI-powered agents, Charm intervenes before scams occur, helping financial institutions and businesses safeguard users from evolving fraud tactics.
Funding Details
Company: Charm Security
Raised: $8.0M
Round: Seed
Funding Date: March 2025
Lead Investor: Team8
Additional Investors:
Company Website: https://www.charmsecurity.com/
Software Category: Cybersecurity & Fraud Prevention
Source: https://www.prnewswire.com/news-releases/charm-security-emerges-from-stealth-to-combat-scams-and-social-engineering-exploiting-human-vulnerabilities-securing-8m-in-seed-funding-from-team8s-venture-creation-fund-302409642.html