Sardinex
“Can a single agentic risk platform automate fraud detection, AML, and compliance operations end-to-end for every layer of the financial stack?”
Founded2020
HQSan Francisco, CA (listed also as Miami, FL on Crunchbase)
FoundersSoups Ranjan
Total raised$145M
Latest roundSeries C, 2025
IndustryInfrastructure / KYC
The story
Founded in 2020, Sardine AI started as a device intelligence and behavior biometrics platform targeting fraud in crypto and fintech. Over time it expanded into a full agentic risk platform covering fraud, AML, and compliance automation, selling to fintechs, neobanks, and payments companies. The launch of Sardinex marks a productized fraud-detection offering aimed specifically at the payment fraud market. The 2026 Modulr partnership signals Sardine's move to embed its fraud and AML stack directly into payment infrastructure providers.
Last 12 months
Product timeline
2020
Sardine AI founded as a fraud prevention and compliance software platform for the digital economy.· pivot
2025
Closed $70M Series C led by Activant Capital; grew customer base nearly 2x and ARR 130% YoY.· banking
2026
Launched Sardinex, a dedicated product to curb payment fraud across financial institutions.· pivot
2026
Partnered with Modulr to provide real-time AI-enabled fraud detection and AML for automated payments, integrated into Modulr's Risk & Compliance Hub.· acquisition
The stack
Accounting gap: none