Savi’s app aims to protect consumers from realistic AI scams like kidnappers demanding ransom
Brothers Patrick and Ryan Coughlin, each with impressive careers in the tech industry (Patrick worked in national cyber defense, Splunk, and Cisco; and Ryan with consumer products at Apple and Spotify), have launched a new kind of security startup.
Savi Security seeks to protect everyday folks from the new crop of incredibly convincing AI-generated scams, whether they’re routed via text, emails or phone calls.
The company just raised $7 million in seed funding, and is launching its app for iPhone and Android on Tuesday. The round was led by Acrew Capital, with participation from Magnify Ventures, TTCER, and Resolute Ventures.
The inspiration for the company came from a horrifying incident involving the founders’ mother.
About two years ago, Patrick Coughlin’s mom called him, distraught, saying she had just received a phone call from a man saying he had kidnapped Coughlin’s sister. He was senior vice president of security products at...
Copyright of this story solely belongs to techcrunch.com. To see the full text click HERE
