Riskified

Company Overview

Snapshot

Founded in November 2012 by Eido Gal and Assaf Feldman, Riskified operates with over 600 employees. The company has raised a total of $591.65M across 6 funding rounds from 18 investors. Riskified became public on the NYSE in July 2021.

Business overview

Riskified provides fraud management software for online retailers, leveraging powerful machine-learning algorithms to identify legitimate customers and mitigate risk. The company's core technology enables merchants to safely approve more orders, expand internationally, and optimize omnichannel fulfillment, thereby increasing revenue and enhancing customer experience. Riskified serves a diverse range of industries, from airlines to luxury fashion houses, operating within the Cyber Security and FinTech sectors.

Strategic signal

In November 2023, Riskified received Israeli court approval for a $75M share repurchase program. This move signals a strategic focus on returning value to shareholders and potentially indicates confidence in the company's financial health and future growth prospects, suggesting a mature phase for the publicly traded entity.

Company Intelligence Q&A

What was a significant financial event for Riskified in 2021?

In July 2021, Riskified became a public company, listing on the NYSE. This initial public offering (IPO) was a major milestone, though the specific valuation and capital raised at the time were not publicly disclosed.

What was Riskified's most recent funding round prior to going public?

In November 2019, Riskified announced a Series E funding round led by General Atlantic.

What is Riskified's employee count?

Riskified has over 600 employees.

What was a key partnership announced by Riskified in October 2023?

In October 2023, Riskified partnered with Plaid to enhance risk protection for ACH bank payments.

What strategic financial action did Riskified take in November 2023?

In November 2023, Riskified received Israeli court approval for a $75M share repurchase program.