Resemblable AI, a Toronto and San-Francisco based startup designed to protect companies from AI-generated threats, has closed its latest funding round with $13 million.
Recent investors include Google’s AI Futures Fund, Okta Ventures, Taiwania Capital, Gentry Fund, IAG Capital Partners, Berkeley Frontier Fund, and KDDI. This investment brings the company’s total funding to date to $25 million.
Resembl’s technology uses generative AI to provide real-time data verification through two main products: Deepfake detection model Detect-3B omni and multimodal analysis platform, Intelligence.
Detect-3B Omni is a 3-billion-parameter multimodal model that the company says provides 98% accuracy in more than 40 languages. The system offers real-time multimodal threat detection “across audio, video, images and text”, identifying potentially harmful patterns across mediums.
The intelligence platform provides contextual analytics for the content generated, helping users understand why and how the content is authentic.
With the new capital, Resemble said in a press release that it will accelerate its global expansion and support the further development of its AI detection portfolio.
The funding comes as deepfake-related fraud is seeing a huge increase, with Resemble estimating that businesses have lost $1.56 billion from such incidents this year alone.
This is a figure that is expected to grow, with predictions that generic AI could enable up to $40 billion in fraud losses across the US by 2027.
“From financial fraud to corporate espionage, from brand impersonation to attacks on government officials, deepfake threats are no longer theoretical,” Resemble said site“They’re happening now, and they’re accelerating,”
Founded in 2018, Resembl started as a voice and media cloning service before using its AI knowledge to expand into security.
