Riskified

Company Overview

Snapshot

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

Business overview

Riskified develops fraud management software for online retailers, leveraging powerful machine-learning algorithms to identify legitimate customers and prevent fraud. The company's core technology enables merchants to safely approve more orders, expand internationally, and manage omnichannel flows while providing a frictionless customer experience. Riskified serves brands ranging from airlines to luxury fashion houses and gift card marketplaces, operating within the Cyber Security and FinTech sectors.

Strategic signal

In October 2023, Riskified partnered with Plaid to enhance risk protection for ACH bank payments. This collaboration signals a strategic expansion of Riskified's fraud prevention capabilities into the financial technology sector, offering increased security for digital payment methods and broadening its market reach beyond traditional e-commerce.

Company Intelligence Q&A

When did Riskified go public?

Riskified became public on the NYSE in July 2021.

What was a key strategic partnership for Riskified in 2023?

In October 2023, Riskified partnered with Plaid to enhance risk protection for ACH bank payments, integrating its fraud prevention technology into Plaid's financial network.

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

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

What was a significant corporate action taken by Riskified in November 2023?

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

What was Riskified's Q3 2023 earnings performance?

In November 2023, Riskified reported its Q3 2023 earnings, demonstrating continued execution on its land and expand strategy to achieve 14% revenue growth.