Apate Raises $8.15 Million for AI Agents That Engage Scammers

Apate, an Australian startup that uses conversational AI to engage suspected fraudsters and gather information for customers, completed an $8.15 million seed round in August. The financing brings the company’s total funding to nearly $10 million. Its agents have taken part in 2.5 million conversations with threat actors, adding up to 17 years of time spent interacting with scammers. TPG, an Australian telecommunications provider, has routed nearly 590,000 calls to the system. Founded in 2024 from research at Macquarie University in Sydney, Apate grew from a 44-minute scam call that founder and CEO Dali Kaafar kept going during a family picnic. The experience led him to consider using software to handle similar encounters. The agents pose as people of different ages, genders, accents and languages.

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