Company:Riskified

From HandWiki
Riskified
TypePublic Company
NYSERSKD (Class A)
Industry
  • E-Commerce
  • Cybersecurity
Founded2012; 12 years ago (2012)
Headquarters
Key people
  • Eido Gal (CEO)
  • Assaf Feldman (CTO)
ProductsFraud prevention
RevenueIncrease US$229.1 million (2021)
Decrease US$−55.4 million (2021)
Decrease US$−178.9 million (2021)
Total assetsIncrease US$600.6 million (2021)
Total equityIncrease US$528.9 million (2021)
Number of employees
768 (Dec 2021)
Websitewww.riskified.com
Footnotes / references
[1]

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]

References

  1. "Riskified Ltd. 2021 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 25 February 2022. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001851112/000185111222000006/rskd-20211231.htm. 
  2. Schulz, David P. (October 10, 2014). "No Contest". https://nrf.com/news/no-contest. Retrieved 2015-12-22. 
  3. "Daily API RoundUp: Qualys, Riskified, ESPN SDKs". http://www.programmableweb.com/news/daily-api-roundup-qualys-riskified-espn-sdks/brief/2015/04/17. Retrieved 2015-12-22. 
  4. Stambor, Zak. "Payment security vendor Riskified’s new tool comes with a money-back guarantee". https://www.internetretailer.com/2014/01/23/riskifieds-new-payment-security-tool-comes-guarantee. Retrieved 2015-12-22. 
  5. Safdar, Khadeeja (April 9, 2018). "Why Paying for Fast Shipping Could Get You Flagged as a Fraudster". The Dow Jones Company. https://www.wsj.com/articles/why-paying-for-fast-shipping-could-get-you-flagged-as-a-fraudster-1524139200. 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. https://www.jpost.com/Jpost-Tech/Meet-the-Israeli-anti-fraud-start-up-that-protects-shoppers-542327. Retrieved 7 February 2019. 
  7. Lucia, Diana. "Reclaim funds". https://reclaimmyfunds.org/. Retrieved 2015-09-21. 
  8. Gal, Eido. "Announcing Riskified’s $165 Million Funding Round". https://www.riskified.com/blog/announcing-a-165-million-funding-round-for-riskified/. Retrieved 5 November 2019. 
  9. Nishant, Niket (29 July 2021). "General Atlantic-backed Riskified valued at $4.3 bln in NYSE debut". Reuters. https://www.reuters.com/technology/general-atlantic-backed-riskified-valued-43-bln-nyse-debut-2021-07-29/. 

External links