Riskified

Riskified is an all-in-one eCommerce fraud prevention solution and chargeback protection service for high volume and enterprise merchants. The company is focused on leveraging data and innovation to ensure their customers are always one step ahead of online fraudsters.

Riskfield provides software as a service fraud and chargeback prevention technology. Notable retailers using Riskified include Macy's, Footlocker, SimpleHuman and Burberry.

Riskified was founded in 2012 by co-founders Eido Gal and Assaf Feldman and are headquartered in Tel Aviv and New York.

Riskified is the world's leading eCommerce fraud-prevention company, trusted by hundreds of global brands – from luxury fashion houses and retail chains, to gift card and ticket marketplaces.

Riskified has reviewed hundreds of millions of transactions and approved billions of dollars of revenue for merchants across virtually all industries, including a number of Fortune 500 companies. The company's platform is used by notable retailers including Macy's, Footlocker, simplehuman, Finish Line, Inc..

 

Riskified's full suite of conversion-oriented products recaptures good revenue and prevents losses at every stage of the online path to purchase – from account login to payment authorization to checkout and even post decline.

 

Riskified General Atlantic, Goldman Sachs, Pitango Venture Capital, Qumra Capital and others. The company raised $165M from a "Series E" financing on Nov 05, 2019. This brings Riskified's total funding to $229M to date. The latest round alos values the company at over $1B, hence becomes the newest unicorn.

 

Riskified won the 2016 METAward (MRC Emerging Technology Awards) for Spektra, an innovative behavioral model approach that uses new machine-learning algorithms to detect and avoid fraud.

 

 

  • Year founded: 2012
  • Funding Info: $229M over 7 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: $20M-$50M (2019)
  • Employee Size: 201-500
  • Business Valuation: Valued at $1B+ as of Nov 05, 2019
  • City/Town: New York
  • State: New York
  • Country: United States
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