Dutch startup Pandora Intelligence has raised 3 million euros in funding to expand internationally in the security domain and enter the financial sector. Pandora’s data-driven scenario platform provides insights into security risks by using data science and filtering information from real-time data sources. It predicts the likelihood of unwanted activities for police, defense, justice, security regions, and intelligence services.
Led by Heligan Partners, the funding will be used to grow existing activities in crime and security across Europe and focus on the banking sector, particularly for the know-your-customer process. Pandora Intelligence was founded by Peter de Kock and Peter Rakké, with Ard Jol joining as CEO in 2017. The startup currently employs around thirty staff in the Netherlands and Argentina.