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Memcyco

Category: AI in Cybersecurity

Real-time, agentless digital risk protection platform defending enterprises and their customers against digital impersonation, phishing, and account takeover (ATO) fraud. Memcyco was founded in 2021. The company is led by Israel Mazin. Based in Bnei Brak, Israel. Team size: 51-100. Total funding raised: $47M. Latest round: Series A. Key investors include NAventures (National Bank of Canada), E. León Jimenes, PagsGroup (Steve Pagliuca family office), Capri Ventures, Venture Guides, Apple Core Holdings.

Founded
2021
Headquarters
Bnei Brak, Israel
Team size
51-100
Total funding
$47M

Value proposition

Detects and neutralizes brand impersonation and ATO attacks in real time — identifying individual victims as attacks unfold, before credentials or funds are compromised — via an agentless, zero end-user-friction deployment.

Products and solutions

Digital Risk Protection (DRP) platform covering Account Takeover (ATO) prevention, Digital Impersonation detection, Credit Card Data Theft protection, attack-technique coverage for Man-in-the-Middle, Remote Desktop Takeover, Credential Stuffing, and SEO poisoning.

Unique value

Only vendor providing real-time, pre-login victim-level visibility into impersonation/ATO attacks using an agentless deployment model, vs. traditional post-breach threat-intel/takedown approaches.

Target customer

Enterprises in banking, credit unions, airlines, retail/e-commerce and other consumer-facing industries with high phishing/impersonation exposure; security, fraud & risk, and digital business teams.

Industries served

Banking, Credit Unions, Airlines, Retail & E-commerce, Hospitality, Financial Services

Technology advantage

Agentless real-time detection technology that identifies individual attack victims during the exposure window between fake site creation and takedown, rather than relying on reactive scanning/takedown services.

How they differentiate

Real-time, individual victim-level detection and agentless deployment vs. competitors' broader threat-intelligence scanning and post-incident takedown models.

Main competitors

Fortra Brand Protection, Axur Takedown, Netcraft, CSIS PhishDB

Key partnerships

AWS Marketplace listing, Deloitte (strategic cybersecurity partnership, 2024), Tridentity / Trident Digital Tech (APAC preemptive AI fraud defense, Apr 2026), Candescent (certified Marketplace partner for Intelligent Banking, May 2026), Frost & Sullivan (independent analysis/endorsement)

Notable customers

National Bank of Canada (customer that became investor via NAventures)

Major milestones

Named to Fast Company's 2025 'Next Big Things in Tech', named to Calcalist/CTech 2026 Top 50 Most Promising Startups, raised $37M Series A (Jan 2026) led by NAventures, E. León Jimenes, and PagsGroup, bringing total funding to $47M.

Growth metrics

3x YoY ARR and 3x customer base (stated with Jan 2026 Series A); homepage metrics: 161M end users protected, 13M+ ATOs roadblocked, 655M user devices monitored, $19.5M+ fraud-loss reductions (as of mid-2026 site).

Market positioning

Positioned as a next-generation digital trust / preemptive fraud prevention platform, distinct from legacy brand-protection and takedown vendors; named to Calcalist/CTech 2026 Top 50 Most Promising Startups.

Geographic focus

Global, with strong presence in North America (Boston office) and Israel HQ; expanding into Asia-Pacific via Tridentity/Trident Digital Tech partnership and into LATAM via investor/partner channels.

About Israel Mazin

Co-founder of Memco Software (Nasdaq IPO; sold ~$400–570M to Platinum/CA, 1999); Founder/CEO of OpTier (APM, acquired by SAP); Founder of EMICOM Partners (VC), GAMA Property, Shadow Technologies.

Latest news about Memcyco

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