Sardine AI
Category: AI in Fintech
Sardine AI offers an AI-enhanced platform for fraud detection, compliance, and risk management using device intelligence, behavior biometrics, and machine learning. Sardine AI was founded in 2020. The company is led by Soups Ranjan. Based in San Francisco, CA, USA. Team size: 141. Total funding raised: $145 million. Latest round: $70 million Series C led by Activant Capital. Key investors include Activant Capital, Andreessen Horowitz, Nyca Partners, GV, Geodesic Capital, Cross Creek Capital, Moody's Analytics, Experian Ventures, NAventures.
- Founded
- 2020
- Headquarters
- San Francisco, CA, USA
- Team size
- 141
- Total funding
- $145 million
Value proposition
Automates risk decisioning, reduces false positives, and streamlines compliance processes.
Products and solutions
Device and Behavior: Proprietary device intelligence and behavior biometrics to detect fraud., Identity Fraud: Detects stolen and synthetic identities., KYC and KYB: Performs customer and business verification., Bank Account Validation: Verifies bank account ownership in real-time., Payment Fraud: Blocks fraudulent payments., AML Transaction Monitoring: Detects illicit money movements., Advanced Bot Detection: Stops sophisticated bots., Scams and Account Takeover: Protects against social engineering tactics.
Unique value
Sardine's platform integrates device intelligence, behavior biometrics, and machine learning to provide a comprehensive risk management solution.
Target customer
Financial institutions, fintech companies, online retailers, and banks.
Industries served
Financial services, fintech, retail, cryptocurrency
Technology advantage
The use of AI agents to automate repetitive tasks and unify data across risk teams.
How they differentiate
Sardine's unified platform and AI-driven approach set it apart from competitors.
Main competitors
SpyCloud, Effectiv, Tookitaki
Key partnerships
Activant Capital, Andreessen Horowitz, Experian Ventures
Notable customers
GoDaddy, FTX, Brex, Chipper Cash, MoonPay
Major milestones
Successfully prevented significant fraud for clients, such as reducing wire fraud by 42% for a Tier-1 bank.
Growth metrics
Nearly doubled its customer base last year, with a 130% increase in annual recurring revenue.
Market positioning
Positioned as a leader in AI-enhanced fraud detection and compliance.
Geographic focus
Global, with operations serving over 150 countries.
Patents and IP
Not explicitly mentioned, but the company emphasizes its proprietary technology.
About Soups Ranjan
Soups Ranjan is the founder and CEO of Sardine, with over 20 years of experience in software engineering, data science, and risk management. Before Sardine, he was the Head of Data Science and Risk at Coinbase and also led risk management at Revolut. His career also includes roles at Yelp and Google. He holds a PhD in Electrical and Computer Engineering from Rice University.
Official website: https://www.sardine.ai