What is Signifyd?
Headquartered in San Jose, California, Signifyd operates as a SaaS-based platform offering an enterprise-grade fraud technology solution tailored for e-commerce businesses. The company's core offering simplifies fraud detection through a financial guarantee, enabling merchants to enhance sales volumes while simultaneously mitigating losses attributed to fraudulent activities. This dual benefit positions Signifyd as a critical partner for online retailers aiming to scale operations securely.
How much funding has Signifyd raised?
Signifyd has raised a total of $411.2M across 8 funding rounds:
Angel/Seed
$2.2M
Other Financing Round
$2M
Series A
$7M
Series B
$20M
Private Equity
$19M
Series C
$56M
Series D
$100M
Series E
$205M
Angel/Seed (2012): $2.2M with participation from Andreessen Horowitz, Lerer Ventures, QED Investors, Resolute Ventures, and Data Collective
Other Financing Round (2012): $2M led by Andreessen Horowitz, Lerer Ventures, Tekton Ventures, QED Investors, Safa Rashtchy, Data Collective, Resolute Ventures, Streamlined Ventures, Maria Thomas, and Rho West
Series A (2015): $7M supported by Resolute Ventures, Lucas Venture Group, Allegis Capital, Lerer Ventures, Tekton Ventures, and QED Investors
Series B (2016): $20M featuring Allegis Capital, Lerer Ventures, QED Investors, and Menlo Ventures
Private Equity (2016): $19M backed by Menlo Ventures and Triple Point Capital
Series C (2017): $56M with participation from Bain Capital Ventures and Menlo Ventures
Series D (2018): $100M led by Resolute Ventures, Bain Capital Ventures, Lucas Venture Group, Lerer Ventures, AllegisCyber Capital, American Express, and Menlo Ventures
Series E (2021): $205M supported by CPP Investments, Owl Rock Capital, Neuberger Berman Investment Advisers, and FIS Global
Key Investors in Signifyd
Andreessen Horowitz
Andreessen Horowitz is a prominent venture capital firm known for investing in technology companies across various stages, often focusing on disruptive innovations and market leaders.
Lerer Ventures
Lerer Ventures is an early-stage venture capital firm that invests in technology and media companies, known for its strategic guidance and network support for founders.
QED Investors
QED Investors is a venture capital firm specializing in early-stage financial services and fintech companies, leveraging deep operational experience to foster growth.
What's next for Signifyd?
With substantial enterprise-level funding and a recent strategic investment, Signifyd is well-positioned for its next phase of expansion. The company's focus on providing a guaranteed fraud protection solution indicates a strategic direction towards solidifying its market leadership and potentially exploring new verticals or enhancing its technological capabilities. Future developments are likely to center on further refining its AI-driven fraud detection algorithms and expanding its global reach to serve a broader e-commerce landscape.
See full Signifyd company page
