Riskified

Company Overview

Snapshot

Founded in November 2012 by Eido Gal and Assaf Feldman, Riskified operates with over 500 employees. The company has raised a total of $591.65 million across 6 funding rounds from 18 investors. Riskified went public on the NYSE in July 2021, achieving a valuation of $3.3 billion.

Business overview

Riskified provides fraud management software for online retailers, leveraging powerful machine-learning algorithms to identify legitimate customers and prevent fraud. The company's core technology helps merchants increase revenue, manage risk, and enhance customer experience by safely approving more orders and facilitating international expansion and omnichannel fulfillment. Riskified serves various industries, from airlines to luxury fashion houses and gift card marketplaces, operating within the Cyber Security and FinTech sectors.

Strategic signal

In October 2023, Riskified partnered with Plaid to enhance risk protection for ACH bank payments. This collaboration signifies a strategic move to integrate advanced fraud prevention into critical financial infrastructure, expanding Riskified's reach beyond traditional e-commerce and into the broader fintech ecosystem, thereby strengthening its market position and offering new growth avenues.

Company Intelligence Q&A

When did Riskified go public?

Riskified went public on the NYSE in July 2021.

What was a significant funding round for Riskified?

In November 2019, Riskified announced a Series E funding round led by General Atlantic.

What is Riskified's employee count?

Riskified has over 500 employees.

What recent partnership did Riskified announce?

In October 2023, Riskified partnered with Plaid to enhance risk protection for ACH bank payments.

When did Riskified report its Q3 2023 financial results?

Riskified reported its Third Quarter 2023 Financial Results on Wednesday, November 15, 2023.