Riskified

Riskified
Private
Industry E-Commerce Cybersecurity
Founded 2012
Headquarters Tel Aviv
Products Fraud Prevention
Website www.riskified.com

Riskified is a privately held company that provides software as a service (SaaS) fraud and chargeback prevention technology.[1]

History

Founded in 2012[2] by co-founders Eido Gal and Assaf Feldman and based in Tel Aviv and New York.

Funding

Riskified secured $1.7 million in seed funding in 2012 from Genesis Partners.[3] In 2014, Riskified secured an additional $4 million in a Series A funding[4] round led by Genesis Partners and joined by notable investors, including Entree Capital and Founder Collective. In February 2016 Riskified secured an additional $25 million in a Series B funding[5] round let by Qumra Capital and NTT DoCoMo Investments.

Technology

Riskified’s technology uses behavioral analysis, elastic linking, proxy detection, and machine learning to detect and prevent fraud.[6] Riskified backs transactions approved by its technology with a chargeback 100% money-back guarantee in the event of fraud.[7]

References

  1. ↑ Schulz. "No Contest". National Retail Federation. Retrieved 2015-12-22.
  2. ↑ "WSJ | The Daily Startup: Riskified Raises $4M to Fight E-Commerce Fraud". Wall Street Journal. Retrieved 2015-12-22.
  3. ↑ "Riskified secures USD 1.65 mln in funding round". www.thepaypers.com. The Paypers. Retrieved 2015-12-22.
  4. ↑ "The Daily Startup: Riskified Raises $4M to Fight E-Commerce Fraud". 2014-08-19. Retrieved 2015-12-22.
  5. ↑ "Funding Daily: Riskified nabs $25 million to fight ecommerce fraud". 2016-02-10. Retrieved 2016-02-10.
  6. ↑ "Daily API RoundUp: Qualys, Riskified, ESPN SDKs". ProgrammableWeb. Retrieved 2015-12-22.
  7. ↑ Stambor, Zak. "Payment security vendor Riskified's new tool comes with a money-back guarantee". Retrieved 2015-12-22.
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