Total amount raised
$44 Millions
Latest funding date
11/01/2021
Location
Fingerprint has successfully raised significant funding over multiple rounds, establishing itself as a key player in the device intelligence market. The platform offers advanced solutions to identify website visitors with high accuracy, aiming to stop fraud, detect bots, and enhance customer experiences.
Keep reading to delve into the details of Fingerprint's fundraising journey and the investors who are supporting this innovative platform.
What Is Fingerprint?
Fingerprint, founded in 2019, is headquartered in San Francisco, California. The company specializes in device intelligence, providing solutions to identify website visitors with high accuracy. This technology is crucial for stopping fraud, detecting bots, and enhancing customer experiences.
Founded by Dan Pinto and Valentin Vasilyev, Fingerprint has grown rapidly since its inception. The platform is designed to prevent account takeovers, payment fraud, SMS fraud, and bot detection, making it a vital tool for online security.
With a dedicated team of over 50 employees, Fingerprint continues to innovate in the field of device intelligence. The company's solutions are trusted by businesses worldwide to ensure secure and seamless online interactions.
How Much Funding Has Fingerprint Raised?
- Amount Raised: $4 million Date: October 2020 Lead Investors: Nexus Venture Partners Valuation at Round: Not publicly disclosed Motivation Behind the Round: To support the commercialization of the open-source FingerprintJS project and to enable the company to build fraud prevention capabilities directly into applications.
- Amount Raised: $8 million Date: February 2021 Lead Investors: Nexus Venture Partners Valuation at Round: Not publicly disclosed Motivation Behind the Round: To expand FingerprintJS’s fraud prevention capabilities further into the enterprise market.
- Amount Raised: $32 million Date: November 2021 Lead Investors: Craft Ventures Valuation at Round: Not publicly disclosed Motivation Behind the Round: To support the creation of new developer tools and further develop FingerprintJS’s existing line of products.
Fingerprint has raised a total of $44 million in funding. The current valuation is not publicly disclosed.
Key Investors
- Craft Ventures
- Details: Craft Ventures is a venture capital firm that led the Series B funding round for Fingerprint. The firm is known for its investments in high-growth technology companies.
- Investment Focus Areas: Technology, software, early-stage companies.
- Notable Investments: Airbnb, SpaceX, Slack.
- Nexus Venture Partners
- Details: Nexus Venture Partners is a venture capital firm that has participated in multiple funding rounds for Fingerprint. The firm focuses on early-stage and growth-stage investments.
- Investment Focus Areas: Technology, enterprise, consumer.
- Notable Investments: Postman, Druva, Delhivery.
- Uncorrelated Ventures
- Details: Uncorrelated Ventures is a venture capital firm that participated in the Series A and Series B funding rounds for Fingerprint. The firm invests in innovative technology startups.
- Investment Focus Areas: Technology, enterprise, infrastructure.
- Notable Investments: HashiCorp, LaunchDarkly.
- Hack VC
- Details: Hack VC is a venture capital firm that participated in the initial funding round for Fingerprint. The firm focuses on early-stage technology investments.
- Investment Focus Areas: Technology, early-stage startups.
- Notable Investments: Coinbase, Robinhood.
- Entrepreneur Roundtable Accelerator's Remarkable Ventures fund
- Details: This fund is associated with the Entrepreneur Roundtable Accelerator and participated in the initial funding round for Fingerprint. It supports early-stage startups across various sectors.
- Investment Focus Areas: Early-stage startups, various sectors.
- Notable Investments: Not specifically mentioned.
What's Next for Fingerprint?
Fingerprint is poised to capitalize on the growing need for sophisticated fraud prevention tools. With plans to launch new products like a JavaScript bot detection API and an Account Sharing Prevention tool, the company is set to expand its footprint in the enterprise market. The increasing risk of fraud due to the rise of smartphones, cryptocurrencies, and online gaming presents a significant opportunity for growth.
Future fundraising seems likely as Fingerprint continues to innovate and attract high-profile clients. The company's recent $32 million funding round underscores investor confidence in its potential. However, challenges such as regulatory compliance with GDPR and CCPA, as well as browser-level blocking techniques, could impact its growth trajectory.
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