EverC
Risk Intelligence and Management Suite for E-commerce
StartupEverC is a Tel Aviv-Yafo-based startup in the Cyber Security sector, established in 2007. Risk Intelligence and Management Suite for E-commerce. The company has raised a total of $60.5M across 5 funding rounds, currently at the Acquired stage. EverC was founded by Raz Abramov and Ron Teicher. Key investors include Kroll, Red Dot Capital Partners, Arbor Ventures, among 9 total investors. The company has 51-200 employees. Core technologies: Artificial Intelligence, Machine Learning.
With $60.5M in total funding, EverC is a Acquired-stage company operating in Cyber Security. The company follows a B2B business model. Product stage: Released.
- StageAcquired
- ProductReleased
- ModelB2B
- Employees51-200
- HQTel Aviv-Yafo
- DistrictCenter District
- Last RoundUndisclosed
- KrollLead
- Red Dot Capital PartnersLead
- Arbor Ventures
9 investors total
Raz AbramovCo-Founder (No longer with the company)
Ron TeicherCo-founder (No longer with the company)
15 articles covered by sources including www.calcalistech.com,
www.calcalist.co.il,
finance.walla.co.il,
www.businesswire.com,
www.globenewswire.com.
What does EverC do?
EverC provides cyber intelligence that allows acquiring banks and payment service providers (PSPs) to manage merchant-based fraud and cyber risk. The company provides a range of solutions that give acquirers and PSPs the necessary information to check ongoing and newly boarded merchants while guiding them through the process of managing online risk and detecting transaction launderers, hidden transaction tunnels, and fraud. EverC's MerchantView solution combines an automated process of enhanced cyber intelligence gathering followed by advanced risk analysis to detect and combat hidden, illegal online activity. While using MerchantView, acquirers and PSPs can gather extensive risk management information that allows them to reach a conclusive business decision regarding each of their merchants. It manages merchant-based fraud and eliminates unwanted risk as well as the costly penalties associated with illegal merchant conduct or any brand-damaging activity.
How much funding has EverC raised?
EverC has raised $60.5M in total funding across 5 rounds. The company is currently at the Acquired stage. Key investors include Kroll, Red Dot Capital Partners, Arbor Ventures.
Who founded EverC?
EverC was founded in 2007 by Raz Abramov (Co-Founder (No longer with the company)), Ron Teicher (Co-founder (No longer with the company)).
What sector is EverC in?
EverC operates in Fintech & Insurtech, Cyber Security, GRC & Vulnerability, with core technologies in Artificial Intelligence, Machine Learning. Target customers: Enterprise & Professional Services, Enterprises, Financial Services, Financial Institutions.
Where is EverC located?
EverC is based in Yigal Alon Street 55a, Tel Aviv-Yafo, Israel, Center District. The company also has offices abroad.