Total amount raised
$78.6 Millions
Latest funding date
10/1/2017
Location
Feedzai has successfully raised significant funding across multiple rounds, attracting a diverse group of investors. The company's AI-driven platform focuses on preventing fraud and financial crime, offering a range of solutions tailored to various industries.
Keep reading to delve into the details of Feedzai's funding journey and discover the key investors supporting this innovative platform.
What Is Feedzai?
Founded on October 18, 2009, Feedzai is headquartered in Coimbra, Portugal. The company was established by Antonio Acosta, Nuno Sebastiao, Paulo Marques, and Pedro Bizarro.
Feedzai specializes in developing AI-driven risk management tools to prevent fraud and money laundering in financial transactions. Their platform integrates various solutions to offer comprehensive financial crime management.
With a workforce of 501-1000 employees, Feedzai continues to innovate in the field of financial crime prevention, making banking and commerce safer for institutions and consumers alike.
How Much Funding Has Feedzai Raised?
- Seed Round
- Amount Raised: €2.4M
- Date: May 2011
- Lead Investors: Armilar Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of their AI-driven risk management platform.
- Series A
- Amount Raised: $2.4M
- Date: February 2013
- Lead Investors: DCVC, Sapphire Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their product offerings and scale operations.
- Venture Round
- Amount Raised: $4.2M
- Date: May 2014
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop their AI technology and enhance fraud detection capabilities.
- Series B
- Amount Raised: $17.5M
- Date: May 2015
- Lead Investors: Oak HC/FT
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate market expansion and product innovation.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: October 2016
- Lead Investors: Citi Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To strengthen partnerships and expand their market reach.
- Series C
- Amount Raised: $50M
- Date: October 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance their AI-driven platform.
- Series D
- Amount Raised: $200M
- Date: March 2021
- Lead Investors: Kohlberg Kravis Roberts
- Valuation at Round: Over $1 billion
- Motivation Behind the Round: To accelerate global expansion, develop new products, and boost partner strategy.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: September 2021
- Lead Investors: Conexo Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling and enhancing their AI-driven solutions.
Total Amount Raised: $274.5M
Current Valuation: Over $1 billion
Key Investors
- Conexo Ventures
- Details: Conexo Ventures is a venture capital firm that focuses on early-stage investments. They aim to support innovative startups with high growth potential.
- Investment Focus Areas: Technology, healthcare, consumer products.
- Notable Investments: Not publicly disclosed.
- Kohlberg Kravis Roberts (KKR)
- Details: KKR is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit. They aim to generate attractive investment returns through a disciplined investment approach.
- Investment Focus Areas: Technology, healthcare, energy, infrastructure, real estate.
- Notable Investments: ByteDance, Epic Games, GoDaddy.
- Citi Ventures
- Details: Citi Ventures is the venture capital arm of Citigroup, focusing on investing in and partnering with innovative startups. They aim to accelerate the adoption of new technologies and business models.
- Investment Focus Areas: Financial technology, enterprise technology, data analytics.
- Notable Investments: Betterment, Plaid, Square.
- Oak HC/FT
- Details: Oak HC/FT is a venture and growth equity firm that invests in healthcare and financial technology companies. They focus on driving transformation in these sectors.
- Investment Focus Areas: Healthcare, financial technology, insurance technology.
- Notable Investments: Not publicly disclosed.
- DCVC
- Details: DCVC (Data Collective) is a venture capital firm that invests in deep tech companies. They focus on leveraging data science to solve complex problems.
- Investment Focus Areas: Artificial intelligence, robotics, space technology.
- Notable Investments: Not publicly disclosed.
What's Next for Feedzai?
Feedzai stands at the cusp of significant opportunities, driven by the increasing demand for robust financial crime prevention solutions. With a platform that monitors over 800 million customers in 190 countries, the company is well-positioned to expand its global footprint and enhance its product offerings. The rise in digital banking and e-commerce, coupled with the surge in financial crimes, underscores the vast potential for Feedzai's AI-driven technology.
Future fundraising appears promising, given the substantial Series D round and the company's unicorn status. Additional investment rounds could support further global expansion and product innovation. However, challenges such as managing rapid growth, staying ahead of sophisticated financial crimes, and navigating regulatory landscapes in different regions will require strategic focus and adaptability.
Use Clay to Get Funding Data
Sales professionals, take your strategy to the next level by leveraging Clay's platform to access comprehensive fundraising data on companies like Feedzai and gather other critical business insights.
Sign up for free on Clay and start making data-driven decisions today.
