Riskified

Last updated
Riskified
Company type Public Company
NYSE:  RSKD (Class A)
Industry
Founded2012;13 years ago (2012)
Headquarters
Key people
  • Eido Gal (CEO)
  • Assaf Feldman (CTO)
ProductsFraud prevention
RevenueIncrease2.svg US$297.6 million (2023)
Decrease2.svgUS$−76.8 million (2023)
Decrease2.svgUS$−59 million (2023)
Total assets Increase2.svgUS$600.6 million (2021)
Total equity Increase2.svgUS$528.9 million (2021)
Number of employees
768 (Dec 2021)
Website www.riskified.com
Footnotes /references
[1]

Riskified is a publicly traded company that provides software as a service (SaaS) fraud and chargeback prevention technology. [2]

Contents

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]

References

  1. ↑ "Riskified Ltd. 2021 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 25 February 2022.
  2. ↑ Schulz, David P. (October 10, 2014). "No Contest". National Retail Federation. Archived from the original on 2015-12-23. Retrieved 2015-12-22.
  3. ↑ "Daily API RoundUp: Qualys, Riskified, ESPN SDKs". ProgrammableWeb. Retrieved 2015-12-22.
  4. ↑ Stambor, Zak. "Payment security vendor Riskified's new tool comes with a money-back guarantee" . Retrieved 2015-12-22.
  5. ↑ Safdar, Khadeeja (April 9, 2018). "Why Paying for Fast Shipping Could Get You Flagged as a Fraudster". WSJ.com. The Dow Jones Company. Retrieved 27 August 2018. Tel Aviv-based startup called Riskified works with Macy's and Finish Line
  6. ↑ Schindler, Max (11 February 2018). "Meet the Israeli Anti-Fraud Start-Up that Protects Shoppers". Jerusalem Post. Retrieved 7 February 2019.
  7. ↑ Lucia, Diana. "Reclaim funds" . Retrieved 2015-09-21.
  8. ↑ Gal, Eido. "Announcing Riskified's $165 Million Funding Round". Riskified Blog. Retrieved 5 November 2019.
  9. ↑ Nishant, Niket (29 July 2021). "General Atlantic-backed Riskified valued at $4.3 bln in NYSE debut". Reuters.
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