Total amount raised
$228.7 Millions
Latest funding date
7/1/2021
Location
Riskified has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The company specializes in fraud prevention and chargeback fraud protection for ecommerce merchants.
Keep reading to explore the intricacies of Riskified's fundraising journey and the investors backing this innovative platform.
What Is Riskified?
Riskified, founded in 2012 by Assaf Feldman and Eido Gal, is headquartered in New York, New York. The company specializes in fraud prevention and chargeback fraud protection for ecommerce merchants.
Leveraging machine learning, Riskified's platform helps online merchants eliminate risk and uncertainty, driving higher sales and reducing fraud-related costs. Their services include Adaptive Checkout, Chargeback Guarantee, Policy Protect, Dispute Resolve, and Account Secure.
With a workforce of 501-1000 employees, Riskified continues to innovate in the ecommerce space, making online transactions safer and more efficient for businesses worldwide.
How Much Funding Has Riskified Raised?
- Seed Round
- Amount Raised: $1.7M
- Date: July 2013
- Lead Investors: Entrée Capital, Genesis Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their fraud prevention platform.
- Series A
- Amount Raised: $4M
- Date: February 2014
- Lead Investors: Entrée Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their product offerings and scale operations.
- Debt Financing
- Amount Raised: Not disclosed
- Date: January 2015
- Lead Investors: Kreos Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational growth and financial stability.
- Series B
- Amount Raised: $25M
- Date: February 2016
- Lead Investors: Qumra Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance their fraud prevention technology and expand market reach.
- Series C
- Amount Raised: $33M
- Date: June 2017
- Lead Investors: Pitango VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and international expansion.
- Series E
- Amount Raised: $165M
- Date: November 2019
- Lead Investors: General Atlantic
- Valuation at Round: Over $1 billion
- Motivation Behind the Round: To scale business operations and expand product offerings.
- Post-IPO Equity
- Amount Raised: Not disclosed
- Date: July 2021
- Lead Investors: Not disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support continued growth and innovation post-IPO.
Total Amount Raised: $228.7M
Current Valuation: Over $1 billion
Key Investors
- General Atlantic
- Details: General Atlantic is a global growth equity firm providing capital and strategic support for growth companies. Founded in 1980, it has a long history of investing in high-growth sectors.
- Investment Focus Areas: Financial services, technology, healthcare, consumer.
- Notable Investments: Airbnb, Uber, Alibaba.
- Qumra Capital
- Details: Qumra Capital is an Israeli growth capital fund that invests in late-stage technology companies. It focuses on companies with proven market traction and significant growth potential.
- Investment Focus Areas: Technology, media, telecommunications.
- Notable Investments: Fiverr, Taboola, Riskified.
- Pitango Venture Capital
- Details: Pitango Venture Capital is one of Israel's largest venture capital firms, investing in technology and healthcare companies. Founded in 1993, it has a diverse portfolio of innovative companies.
- Investment Focus Areas: Technology, life sciences, healthcare.
- Notable Investments: Via, AppsFlyer, Riskified.
- Entrée Capital
- Details: Entrée Capital provides multi-stage funding for innovative startups and growth companies globally. It has a strong presence in the technology sector.
- Investment Focus Areas: Technology, fintech, consumer.
- Notable Investments: Monday.com, Riskified, Snap.
- Fidelity Management & Research
- Details: Fidelity Management & Research is a financial services corporation known for its mutual funds and investment management. It offers a wide range of financial products and services.
- Investment Focus Areas: Mutual funds, investment management, financial services.
- Notable Investments: Not publicly disclosed.
What's Next for Riskified?
Riskified stands at the cusp of significant growth opportunities, driven by the increasing demand for secure online transactions and fraud prevention solutions. With plans to scale its operations both domestically and internationally, the company is poised to capture a substantial share of the e-commerce market. The expansion into new geographic markets, such as the planned office in Shanghai, and the development of innovative product offerings will further solidify its market position.
Future fundraising rounds are likely as Riskified continues to grow and innovate. The involvement of high-profile investors like General Atlantic and Goldman Sachs underscores strong investor confidence, paving the way for additional capital to support its ambitious expansion plans. However, the company will need to navigate challenges such as intense competition and the rapidly evolving tactics of fraudsters to maintain its edge in the market.
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 Riskified and gather other critical business insights.
Sign up for free on Clay and unlock the potential to drive your sales efforts with unparalleled data and insights.
