Riskified

Riskified is a publicly traded company that provides software as a service (SaaS) fraud and chargeback prevention technology.[2]

Riskified
TypePublic Company
NYSE: RSKD (Class A)
Industry
Founded2012 (2012)
Headquarters
Key people
  • Eido Gal (CEO)
  • Assaf Feldman (CTO)
ProductsFraud prevention
RevenueIncrease US$229.1 million (2021)
Decrease US$−55.4 million (2021)
Decrease US$−178.9 million (2021)
Total assetsIncrease US$600.6 million (2021)
Total equityIncrease US$528.9 million (2021)
Number of employees
768 (Dec 2021)
Websitewww.riskified.com
Footnotes / references
[1]

History

Riskified’s technology uses behavioral analysis, elastic linking, proxy detection, and machine learning to detect and prevent fraud.[3] Riskified backs transactions approved by its technology with a chargeback 100% money-back guarantee in the event of fraud.[4]

Riskified was founded in 2012 by Eido Gal and Assaf Feldman.[5] As of 2018, Riskified secured $63.7 million in funding.[6] 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.[7][8]

On July 28, 2021, Riskified launched its initial public offering on the NYSE, valuing the company at $4.3 billion.[9]

References
  1. "Riskified Ltd. 2021 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 25 February 2022.
  2. Schulz, David P. (October 10, 2014). "No Contest". National Retail Federation. Archived from the original on 2015-12-23. Retrieved 2015-12-22.
  3. "Daily API RoundUp: Qualys, Riskified, ESPN SDKs". ProgrammableWeb. Retrieved 2015-12-22.
  4. Stambor, Zak. "Payment security vendor Riskified's new tool comes with a money-back guarantee". Retrieved 2015-12-22.
  5. 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
  6. Schindler, Max (11 February 2018). "Meet the Israeli Anti-Fraud Start-Up that Protects Shoppers". Jerusalem Post. Retrieved 7 February 2019.
  7. Lucia, Diana. "Reclaim funds". Retrieved 2015-09-21.
  8. Gal, Eido. "Announcing Riskified's $165 Million Funding Round". Riskified Blog. Retrieved 5 November 2019.
  9. Nishant, Niket (29 July 2021). "General Atlantic-backed Riskified valued at $4.3 bln in NYSE debut". Reuters.
  • Official website
  • Business data for Riskified Ltd.:
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