Apate.ai

About

Apate.ai offers an AI fraud-prevention platform deploying conversational bots across voice and messaging (WhatsApp, Telegram, SMS) to engage scammers in real-time for telcos, banks and governments.

Mission

Apate.ai builds an AI-powered fraud prevention and intelligence platform that deploys thousands of conversational bots to engage scammers across voice calls and messaging platforms such as WhatsApp, Telegram, and SMS. The platform leverages conversational AI and machine learning to adapt interactions in real time and provide dynamic protection. Founded in 2024 as a spin-out from Macquarie University and headquartered in Macquarie Park, Australia, the company serves telcos, financial institutions, and governments. Apate.ai has existing partnerships with CommBank and TPG Telecom. The company raised $2.5 million in a seed round and will use the proceeds for product development, international expansion, and hiring engineering and go-to-market teams. It also plans to expand partnerships with financial institutions, telcos, and governments as part of its growth strategy.

Quick Facts