Pondera Solutions leverages advanced prediction algorithms and the power of cloud computing to combat fraud, waste, and abuse in government programs. Their core detection system, Fraud Detection as a Service (FDaaS), helps their clients detect and prevent hundreds of millions of dollars in improper payments in Medicaid, Unemployment Insurance, the Supplemental Nutrition Assistance Program (SNAP), and other large government programs.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
08/14/17 | undisclosed | Series A |
Impact Venture Capital Serent Capital | undisclosed |