Authologic, a global digital identity verification platform, has raised $8.2 million in its Series A funding round, led by European VC firm OpenOcean. YCombinator, Peak Capital, and SMOK VC also contributed, backing Authologic's mission to modernise KYC and AML processes with secure e-ID solutions. Traditional KYC systems that rely on document images are becoming outdated, as AI-generated fake documents make these methods increasingly vulnerable to fraud, identity theft, and compliance issues. Authologic’s platform offers a more secure approach, addressing the flaws in legacy verification systems.