[TechUkraine news] Ukrainian startup Scalarr has raised $7.5 million led by EBRD

Ukrainian startup Scalarr, a startup that uses machine learning to combat ad fraud, has raised $7.5 million in Series A funding led by the European Bank for Reconstruction and Development (EBRD), with participation from TMT Investments,
OTB Ventures and Speedinvest.

The startup’s products include AutoBlock, which is supposed to detect fraud before the advertiser bids on an ad, and DeepView, which is used by adtech platforms (including ad exchanges, demand-side platforms, and supply-side platforms).

Scalarr can detect 60% more fraud than existing products on the market and that it saved its clients $22 million in ad fraud refunds in 2020.

Congrats to CEO Inna Ushakova, CPO Yuriy Yashunin, CTO Borys Pratsiuk, and all team – keep rocking!

Read more about the project in an interview with Borys Pratsiuk.

via TechCrunch

Scalarr raises $7.5M to fight mobile ad fraud