'We feel incredibly lucky to have partners that not only understand the impact of our investments into our platform and in expanding globally but also proactively come to the table to support them,' said Tommy Nicholas, co-founder and CEO of Alloy. Earlier this month, the company announced its global expansion into 40 countries across North America, EMEA, LATAM, and APAC. The funding will help the company as it accelerates its growth to address the global demand for fraud prevention tools.Īlloy enables clients to pull in customer information, traditional credit bureau data, and other alternative data through a single point of integration, providing a complete picture of their customer. 1, 2022 /PRNewswire/ - Alloy, the leading Identity Decisioning Platform for banks and fintech companies, announced that it raised an additional $52 million led by Lightspeed Venture Partners and Avenir Growth with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures, and Felicis Ventures, bringing the company's valuation to $1.55 billion. On the heels of the company's rapid global expansion, Lightspeed Venture Partners and Avenir deepened their investment in the Identity Decisioning Platform

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