Sardine
fintech infrastructure · Series A at the time · sardine.ai
Passed Jul 22, 2025 by Priya Shah. That was 15 months ago.
Conviction for Harbor Street Ventures
72 / 100
De-risking 0.50, thesis fit 0.90, traction 1.00Why you passed
“no marquee enterprise logos, fraud is a crowded space”
Priya Shah's note, word for word
- De-risked
No big customers
Cleared by: a partnership or a named enterprise customer
- Partner call
Market too small
Cleared by: expansion news, reviewed by a person
What changed
Akta news · No big customersJun 28, 2026, 11 mo after the pass
Modern Treasury and Sardine partner on fraud detection | The Paypers
“Modern Treasury has partnered with Sardine to integrate real-time transaction monitoring and fraud prevention into its payments platform.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersJun 25, 2026, 11 mo after the pass
Modern Treasury Partners With Sardine to Help Businesses Detect Fraud Earlier and Reduce Risk at Scale
“Modern Treasury announced a partnership with Sardine to enhance transaction monitoring and fraud prevention capabilities for businesses moving money across the U.S. and globally.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersJun 25, 2026, 11 mo after the pass
Sardine integration arms Modern Treasury against fraud
“Modern Treasury, a payments operations platform, announced a partnership with fraud prevention specialist Sardine to provide real-time fraud detection and transaction monitoring for businesses processing payments across US and international payment rails.”
Strong: about this company, and the event type matches the pass risk. Source
Akta news · No big customersMay 22, 2026, 10 mo after the pass
Sardine: National Bank Of Canada Partnership Expands Digital Banking Fraud Prevention Capabilities
“Sardine announced a multi-year partnership with National Bank of Canada, Canada’s sixth-largest bank, to deploy its device intelligence and real-time risk scoring technology across the bank’s retail, commercial, and wealth management platforms.”
Strong: about this company, and the event type matches the pass risk. Source
Re-engagement note
Approving sets the Affinity status to Re-engage and files the memo to the fund's Roundtable workspace. No email is sent.