Atlanta’s FraudScope raises another $7 million to scale its AI-powered healthcare fraud platform

FraudScope, an Atlanta-based company that detects healthcare fraud using artificial intelligence, has raised a $7 million Series A round that brings its total investment to $10.5 million.

The Series A round was led by QED Investors, Brewer Lane Ventures and the local GRA Venture Fund. Atlanta’s Mosley Ventures and TechSquare Labs also participated in the round, along with Spider Capital out of San Francisco. The funding will be used to scale the FraudScope team and expand product offerings.

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