Riskified is a publicly traded company that provides software as a service (SaaS) fraud and chargeback prevention technology.[2]
History
Riskified’s technology uses behavioral analysis, elastic linking, proxy detection, and machine learning to detect and prevent fraud.[3] Riskified backs transactions approved by its technology with a chargeback 100% money-back guarantee in the event of fraud.[4]
Riskified was founded in 2012 by Eido Gal and Assaf Feldman.[5] As of 2018, Riskified secured $63.7 million in funding.[6] 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.[7][8]
On July 28, 2021, Riskified launched its initial public offering on the NYSE, valuing the company at $4.3 billion.[9]
External links
References
- Riskified Ltd. 2021 Annual Report (Form 20-F) U.S. Securities and Exchange Commission, 25 February 2022^
- David P. Schulz. No Contest National Retail Federation, October 10, 2014, retrieved 2015-12-22^
- Daily API RoundUp: Qualys, Riskified, ESPN SDKs ProgrammableWeb, retrieved 2015-12-22^
- Zak Stambor. Payment security vendor Riskified’s new tool comes with a money-back guarantee retrieved 2015-12-22^
- Khadeeja Safdar. Why Paying for Fast Shipping Could Get You Flagged as a Fraudster WSJ.com, The Dow Jones Company, April 9, 2018, retrieved 27 August 2018^
- Max Schindler. Meet the Israeli Anti-Fraud Start-Up that Protects Shoppers Jerusalem Post, 11 February 2018, retrieved 7 February 2019^
- Diana Lucia. Reclaim funds retrieved 2015-09-21^
- Eido Gal. Announcing Riskified’s $165 Million Funding Round Riskified Blog, retrieved 5 November 2019^
- Niket Nishant. General Atlantic-backed Riskified valued at $4.3 bln in NYSE debut Reuters, 29 July 2021^