Caf, a Brazilian digital identity and anti-fraud company, raised $9M in a round led by L4 Venture Builder. The investment follows a $15M round in July 2022.
Founded in 2020, Caf develops AI-powered tools to prevent fraud, including its Deepfake Detector, Image Similarity Check, and VerifAI Docs, the first solution in Brazil to use large language models to detect fraud in unstructured documents such as tax returns, receipts, and contracts.
With the funds, Caf will accelerate its expansion in Brazil and Latin America.
Caf reported over 80% annual growth in the first half of 2025, driven by new products, new clients, and deeper relationships with existing customers.
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