Riskified
SaaS company
Riskified is a publicly traded company that provides software for ecommerce risk management, including fraud prevention and chargeback management.
01History
Riskified’s technology uses behavioral analysis, elastic linking, proxy detection, and machine learning to detect and prevent fraud. Riskified backs transactions approved by its technology with a chargeback 100% money-back guarantee in the event of fraud.
Riskified was founded in 2012 by Eido Gal and Assaf Feldman. As of 2018, Riskified secured $63.7 million in funding. In November 2019, Riskified announced a Series E funding round of $165 million, led by General Atlantic and joined by Fidelity Management & Research, Winslow Capital, and existing investors.
On July 28, 2021, Riskified launched its initial public offering on the NYSE, valuing the company at $4.3 billion.
02Products and services
Riskified provides technology for detecting and managing fraud and other risks in ecommerce transactions. Its platform uses machine learning and other data-analysis techniques to assess transactions and identify potentially fraudulent activity.
Sources and credits
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