Taylor Wessing has advised Seon on its recent USD 94 million series B funding round led by Silicon Valley-based IVP and including existing investors Creandum and PortfoLion. Reportedly, Wilson Sonsini Goodrich & Rosati advised Seon as well.
Seon is a London-based Anglo-Hungarian online fraud prevention system for fintech companies. Its clients include, among others, Revolut, NuBank, Afterpay, Patreon, and Sorare.
According to Taylor Wessing, the round also included angel investors, including “founders and senior executives from product-led tech companies Aiven, Coinbase, DataDog, DoorDash, Figma, G2, GitHub, Public, Slack, Supercell, UiPath, Veriff, and Wise ... The funding will be used to expand Seon's geographic presence in North America, Latin America, and Asia as well as focusing on key partnerships with leading e-commerce platforms, product development, and integrating new data sources to best fight online fraud.”
Taylor Wessing’s team included Partners Ian Moore and Helen Farr, Senior Associate Simon Jupp, and Associate Baharak Zargarei.
Taylor Wessing did not reply to our inquiry on the matter.
