What is Riskified?
Riskified operates at the intersection of artificial intelligence and e-commerce security, providing sophisticated solutions to online merchants. Its core technology leverages machine learning to analyze vast datasets in real-time, enabling businesses to accurately identify and prevent fraudulent transactions. Beyond fraud detection, Riskified's platform also addresses chargeback abuse and account takeovers, while simultaneously working to enhance the checkout process for legitimate customers. This dual focus on security and customer experience aims to boost sales conversion rates for merchants while maintaining a secure online environment throughout the entire e-commerce lifecycle.
The company's commitment to innovation in AI and risk management positions it as a critical partner for businesses navigating the complexities of online retail and seeking to mitigate financial losses associated with fraud.
How much funding has Riskified raised?
Riskified has raised a total of $596.1M across 6 funding rounds:
Angel/Seed
$1.6M
Series A
$4M
Series B
$25M
Series C
$33M
Series E
$165M
Share Placement
$367.5M
Angel/Seed (2013): $1.7M with participation from Entrée Capital, T5 Capital, The Acceleration Group, Formation8, LocalGlobe, and Founder Collective
Series A (2014): $4M led by Founder Collective, Genesis Partners, and Entrée Capital
Series B (2016): $25M supported by NTT DOCOMO Ventures, Entru00e9e Capital, Genesis Partners, The Phoenix Insurance Company, and Qumra Capital
Series C (2017): $33M featuring Capital One Growth Ventures, Pitango Venture Capital, Phoenix Insurance, C4 Ventures, and Qumra Capital
Series E (2019): $165M backed by General Atlantic
Share Placement (2021): $367.5M, investors not publicly disclosed
Key Investors in Riskified
Founder Collective
Founder Collective is a venture capital fund focused on seed and pre-seed investments, partnering with exceptional entrepreneurs from the idea stage to IPO. The firm emphasizes founder alignment and supports innovative startups across various sectors, demonstrating a commitment to long-term relationships with founders.
Genesis Partners
Since 1996, Genesis Partners has stood at the forefront of the Israeli venture capital industry by successfully creating close relationships with exceptional entrepreneurs who work to build high potential, innovation-driven companies. Over four funds and with more than $600 M under management, Genesis Partners has invested in over 90 portfolio companies and has achieved more than 30 successful exits.
Entrée Capital
Entree Capital backs founders building ambitious technology and product businesses. It partners with teams from the earliest stages through scale up, combining capital with practical guidance and global networks to help companies refine their strategy, grow with discipline and aim for lasting impact.
What's next for Riskified?
With its latest major strategic investment, Riskified is poised to further accelerate its product development and global expansion. The company's focus on leveraging AI for advanced fraud prevention and risk mitigation suggests a strategic direction towards enhancing its machine learning capabilities and expanding its service offerings to address emerging threats in the digital economy. Future growth is likely to involve deepening its partnerships with enterprise-level online merchants and potentially exploring new verticals where robust fraud detection is paramount.
The substantial capital infusion will enable Riskified to invest in research and development, scale its operations, and strengthen its market position as a leader in e-commerce fraud prevention. This strategic backing signals confidence in Riskified's business model and its potential to shape the future of online transaction security.
