Niva, a New York City-based provider of a global business identity platform, has raised more than $3.3 million in funding. The round was led by Gradient Ventures, Google’s AI-focused venture fund, with participation from Picus Capital, Canary, Gilgamesh Ventures, and executives from Chime, Deel, Enigma, and Faire.
Founded by Abhinav Rai and Akhil Naini, Niva aims to build trust in businesses worldwide by providing a robust business identity platform. The company leverages compliance and fraud AI agents to streamline onboarding processes, reducing them to minutes, and eliminating the need for training operations teams in various languages, regional laws, and fraud tactics.
Niva plans to use the newly raised funds to expand its operations and development efforts. The platform is already in use by early adopters, including international fintechs like Xepelin, cross-border marketplaces such as Prima, and high-growth startups like Aplazo, one of Mexico’s largest buy now, pay later platforms.
With this funding, Niva aims to further enhance its capabilities and broaden its reach, continuing to serve businesses looking to streamline their compliance and fraud prevention processes.
