Informed.iq Raises $63m From Invictus To Expand Ai Loan Verification

Informed.IQ, an AI-powered loan verification and fraud prevention company, announced on Tuesday that it raised $63M from Invictus Growth Partners to expand its AI-powered loan verification platform, aiming to reduce fraud and enhance efficiency.

Informed.IQ, which serves seven of the top 10 U.S. auto lenders, said its platform has supported over $350 billion in loan originations and reduced loan closing times from days to minutes.

The funding will support Informed.IQ’s expansion in auto finance and its push into mortgage, consumer lending, tenant screening and government benefits, the company said in a press release.

“Lenders are capturing more loans with their current staff,” said Justin Wickett, CEO and Co-Founder of Informed.IQ. “We’ve built the industry’s most comprehensive lending intelligence platform, enabling faster, more accurate verification and fraud detection that previously was going uncaught, contributing to the rise in losses. This investment from Invictus validates our approach and will fuel our next phase of growth.”

The investment comes as lenders face rising fraud. Consumer non-mortgage write-offs jumped 145% in 2024 from 2021 levels, according to Equifax, and estimated auto lending fraud exposure tops $7.9 billion.

Informed.IQ said its platform analyzes more than 2 billion lending data points from over 100 million loan documents, enabling it to detect fraud and automate verification at scale.

“The nation’s largest lenders trust Informed.IQ’s AI-first platform,” said John DeLoche, co-founder and managing partner at Invictus. “Their dataset is a true differentiator. We are honored to work with Justin and the team to accelerate product innovation for their customers and expand these benefits into new markets.”

Added William Nettles, co-founder and managing partner at Invictus, “What stood out about Informed.IQ is that they incorporate years’ worth of historical loan performance data when training their models. We backed them to bring this level of forensic precision to the mortgage and government sectors where the cost of verification errors is the highest.”

Invictus joins Informed.IQ’s investor group, which includes Nyca Partners and U.S. Venture Partners.