BriefAnti-Fraud Startup Riskified Plans to Raise $200 Million, Bloomberg Reports
Riskified develops machine learning technologies for online retailers designed to prevent account takeover, monitor payments, and detect fraudulent transactions
Tel Aviv-based online payments fraud prevention startup Riskified Ltd. is looking to raise up to $200 million, Bloomberg reported Monday, citing sources.
Responding to Calcalist's request for comment, a company spokesperson said Riskified does not comment on its financial plans.
Founded in 2013, Riskified’s technologies for online retailers use machine learning algorithms and user behavioral analytics in order to prevent account takeover, monitor payments, and detect fraudulent transactions. Riskified has raised $63.65 million to date from investors including Israel-based firms Pitango Venture Capital and Genesis Partners, according to Pitchbook data.