Feedzai

complianceekyc/aml/cftregtechauthentication and fraud preventionrisk management

FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 08/09/2020

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About

Feedzai is a data science company that provides fraud prevention solutions to the commerce industry. The fraud prevention platform fuses big data and machine learning with human intelligence to predict and detect fraud within payment transactions globally.

MEDICI Analysis

Feedzai is a data science company that provides fraud prevention solutions to the commerce industry. The fraud prevention platform fuses big data and machine learning with human intelligence to predict and detect fraud within payment transactions globally.

Focus

PRODUCTS & SERVICES

The intelligent platform absorbs and transforms multiple data streams & fraud insights across any channel and enriches the data to create hyper-granular risk profiles. The platform then leverages machine learning to process events and transactions in milliseconds to deliver explainable AI by adding a human-readable semantic layer to the underlying machine logic. The platform provides an end-to-end solution to detect & prevent fraud for banks, acquirers, and merchants. It offers data orchestration and risk scoring by utilizing rules & machine learning along with case management tools.

REVENUE MODEL

The company generates revenue by charging fees like package fees, county fees, DMV fees, state fees, and verification fees. It also offers subscription for recurring background checks.

MAIN CLIENTS

The company has clients from industries such as call centers

financial services

retail & hospitality

healthcare

non-profit organizations

manufacturing

software & technology

P2P marketplaces

higher education

staffing

etc.

EXISTING PARTNERSHIPS

The company has partners from: 1. Applicant Tracking Software

which includes Greenhouse

Workable

ClearCompany

Workpop

etc. 2. HR Systems

which includes Zenefits

EPAY Systems

Namely

Flock

etc. 3. Onboarding

which includes Xref

HR Cloud Onboard

Xpand

and Fountain. 4. Video Interviewing

which includes RIVS

and VidCruiter.

COMMENT

Feedzai can detect fraud in any commerce transaction, by analyzing historical and current data, whether the credit card is present or not, in real-time. The platform can detect fraud by as much as 10 days earlier than other solutions and expose more fraud cases (up to 60% more), all with lower false alarms.

Traction

VALUATION / MARKET CAP:

$2 B in 2018

REVENUE

$10M+ in 2018

REVENUE COMMENT:

The company had an estimated revenue of $80Million in 2018

People

FOUNDERS

Paulo Marques

BOARD MEMBERS AND ADVISORS

Patricia Kemp

Anders Ranum

Joaquim Sérvulo Rodrigues

Jonathan Weiner

Nuno Sebastião

Keith Willey

NUMBER OF EMPLOYEES

201-500

INVESTORS:

Armilar Venture Partners

Building Global Innovators

Capital One Growth Ventures

Citi

Citi Ventures

Data Collective

Data Collective DCVC

EDP

EDP Starter

Novabase Capital

Oak HC/FT

Sapphire Ventures

KEY EMPLOYEES:

Pedro Bizarro

Nuno Sebastião (CEO)

Pedro Bizarro (CSO)

Paulo Marques (CTO)

Loc Nguyen (CMO)

Momentum

FUNDED

YES

TOTAL FUNDING

$77.47 M

DATE OF LAST FUNDING

Oct 2017

SEED & PRIOR FUNDING

$3.41 M

SEED CLOSED ON

May 2011

FUNDING SERIES

SERIES A  · $2.4 M  · Feb 2013

SERIES B  · $17.5 M  · May 2015

SERIES C  · $50 M  · Oct 2017

OTHERS  · $4.16 M · May 2014

LISTED

NO

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Feedzai

About

Feedzai is a data science company that provides fraud prevention solutions to the commerce industry. The fraud prevention platform fuses big data and machine learning with human intelligence to predict and detect fraud within payment transactions globally.

Focus

PRODUCTS & SERVICES

Feedzai is the market leader in fighting fraud with AI. We’re coding the future of commerce with today’s most advanced risk management platform powered by big data and machine learning. Founded and developed by data scientists and aerospace engineers, Feedzai has one mission: to make banking and commerce safe. The world’s largest banks, processors, and retailers use Feedzai’s fraud prevention and anti-money laundering products to manage risk, while improving customer experience.

REVENUE MODEL

The company generates revenue by charging fees like package fees, county fees, DMV fees, state fees, and verification fees. It also offers subscription for recurring background checks.

Traction

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

People

NUMBER OF EMPLOYEES

201-500

KEY EMPLOYEES:

employee: Nuno Sebastião

employee: Pedro Bizarro

employee: Paulo Marques

employee: Loc Nguyen

employee: Nuno Sebastião

employee: Pedro Bizarro

employee: Paulo Marques

employee: Loc Nguyen

employee: Nuno Sebastião

employee: Pedro Bizarro

employee: Paulo Marques

employee: Loc Nguyen

BOARD MEMBERS AND ADVISORS:

Patricia Kemp, Anders Ranum, Joaquim Sérvulo Rodrigues, Jonathan Weiner, Nuno Sebastião, Keith Willey

INVESTORS:

Armilar Venture Partners

Building Global Innovators

Capital One Growth Ventures

Citi

Data Collective

EDP

EDP Starter

Novabase Capital

Oak HC/FT

Sapphire Ventures

Momentum

FUNDED

YES

TOTAL FUNDING:

$71.8 M

LISTED

NO

FUNDING SERIES

SERIES A  · $2.4 M  · Feb 2013

SERIES B  · $17.5 M  · Oct 2016

SERIES C  · $50 M  · Oct 2017