Investments
12Portfolio Exits
5About Mark Britto
Mark Britto is an entrepreneur, sales and financial services executive.Mark joined BOKU after six years as the CEO of Ingenio, a service marketplace and performance advertising company, which he led to a 2007 acquisition by AT&T. Prior to Ingenio, Mark spent 4 years as SVP of worldwide services and sales at Amazon.com, where he signed landmark deals with brands such as Toys R Us, Borders, Circuit City and Target. MarkÂâÂÂs first start-up, Accept.com, was bought by Amazon.com in 1999 and served as the primary backbone of AmazonÂâÂÂs global payments platform. Mark began his career in senior credit and risk management roles at leading national banks FirstUSA and Bank of America.

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Latest Mark Britto News
Dec 22, 2022
Bureau, the digital identity verification and fraud protection platform, has raised USD 12 million in series-A funding round led by Quona Capital with participation from Commerce Ventures and Okta Identity. This funding round also had participation from as strategic angels like Mark Britto of Paypal, and Bobby Mehta of ex-Transunion fame, the startup said in a statement on Thursday. Bureau had raised a seed round of USD 4.2 million in August 2020 from XYZ Ventures, Blume Ventures, Village Global, EMVC and Sweat Equity Ventures, who have invested in the series-A round as well, it added. The funds will be used to enhance products and establish a wider footprint in India, and Southeast Asia, it said, adding a portion of the money will also go into doubling up on its current capabilities for customer on-boarding and launch solutions including account takeover prevention, transaction monitoring, and solving return-to-origin and chargebacks use cases. Bureau was founded by serial entrepreneur Ranjan Reddy in 2020, just as the pandemic was pushing the world towards digital transactions. Since then it has been helping businesses automate their decisions, customer on-boarding, preventing fraud, and offering seamless user experience. Bureau verifies identities, fights fraud, and generates trust in both businesses and consumers. "Bureau seamlessly protects and accelerates user journeys using only a mobile number. Digital interactions become smoother, swifter and more secure," said Reddy. According to Fortune Business Insights, fraud detection and prevention platforms globally is projected to grow from USD 26.97 billion in 2021 to USD 141.75 billion by 2028. With over 12 million identities verified through the platform to date, it has a customer base comprising leaders in fintech and financial services including Jupiter Money, Goibibo, Aditya Birla Capital, ICICI Prudential Mutual Fund, India Gold, and Phonepe. (PTI)
Mark Britto Investments
12 Investments
Mark Britto has made 12 investments. Their latest investment was in Conduit as part of their Seed VC on January 1, 2022.

Mark Britto Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/13/2022 | Seed VC | Conduit | $16.95M | Yes | 1 | |
12/16/2021 | Series A | Bureau | $12M | Yes | 15 | |
6/27/2019 | Angel | MeWe | $4.5M | Yes | Mark Britto, and Undisclosed Angel Investors | 2 |
8/16/2018 | Series A | |||||
2/18/2015 | Angel |
Date | 1/13/2022 | 12/16/2021 | 6/27/2019 | 8/16/2018 | 2/18/2015 |
---|---|---|---|---|---|
Round | Seed VC | Series A | Angel | Series A | Angel |
Company | Conduit | Bureau | MeWe | ||
Amount | $16.95M | $12M | $4.5M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Mark Britto, and Undisclosed Angel Investors | ||||
Sources | 1 | 15 | 2 |
Mark Britto Portfolio Exits
5 Portfolio Exits
Mark Britto has 5 portfolio exits. Their latest portfolio exit was Humanity.com on December 02, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
12/2/2020 | Acquired | 1 | |||
Date | 12/2/2020 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
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