Riskified

Riskified

Type	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 Boston.

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.