Charm Security Emerges From Stealth With $8 Million in Funding

Charm Security has emerged from stealth mode with $8 million in funding for AI-powered scams and social engineering prevention.

Cybersecurity startup Charm Security today emerged from stealth mode with $8 million in seed funding from Team8.

Founded in 2024 by cyber intelligence expert Roy Zur and AI-driven fraud prevention pioneer Avichai Ben, the New York-based startup has built an AI-powered customer security platform that aims to protect businesses and their customers from human-centric and social engineering fraud.

Charm is tackling an increasingly sophisticated threat landscape where scams involve complex social engineering and are fueled by the rise of gen-AI, while banks and other financial institutions face increased scrutiny and liability.

The startup aims to prevent scams before they occur by analyzing human vulnerability exposure and customer risk patterns, and through providing actionable insights and tailored mitigation strategies.

Its platform can also disrupt deception and manipulation in real time, when they ...