Riskified

Riskified is a publicly traded company that provides software as a service (SaaS) fraud and chargeback prevention technology.[1] Riskified’s technology uses behavioral analysis, elastic linking, proxy detection, and machine learning to detect and prevent fraud.[2] Riskified backs transactions approved by its technology with a chargeback 100% money-back guarantee in the event of fraud.[3]

Riskified
TypePublic Company
NYSE: RSKD
IndustryE-Commerce Cybersecurity
Founded2012 (2012)
HeadquartersTel Aviv, Israel and New York City, United States
Key people
Eido Gal (CEO), Assaf Feldman (CTO)
ProductsFraud prevention
Number of employees
500+
Websitewww.riskified.com

Riskified was founded in 2012 by Eido Gal and Assaf Feldman.[4] As of 2018, Riskified secured $63.7 million in funding.[5] In November 2019, Riskified announced a Series E funding round of $165 million, led by General Atlantic and joined by Fidelity Management & Research, Winslow Capital, and existing investors.[6]

On July 28, 2021, Riskified launched its public IPO offering on the NYSE, valuing the company at $4.3 billion.[7]

References
  1. Schulz, David P. (October 10, 2014). "No Contest". National Retail Federation. Archived from the original on 2015-12-23. Retrieved 2015-12-22.
  2. "Daily API RoundUp: Qualys, Riskified, ESPN SDKs". ProgrammableWeb. Retrieved 2015-12-22.
  3. Stambor, Zak. "Payment security vendor Riskified's new tool comes with a money-back guarantee". Retrieved 2015-12-22.
  4. Safdar, Khadeeja (April 9, 2018). "Why Paying for Fast Shipping Could Get You Flagged as a Fraudster". WSJ.com. The Dow Jones Company. Retrieved 27 August 2018. Tel Aviv-based startup called Riskified works with Macy’s and Finish Line
  5. Schindler, Max (11 February 2018). "Meet the Israeli Anti-Fraud Start-Up that Protects Shoppers". Jerusalem Post. Retrieved 7 February 2019.
  6. Gal, Eido. "Announcing Riskified's $165 Million Funding Round". Riskified Blog. Retrieved 5 November 2019.
  7. Nishant, Niket (29 July 2021). "General Atlantic-backed Riskified valued at $4.3 bln in NYSE debut". Reuters.
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