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Signifyd has developed a standalone risk and fraud-prevention platform to enhance safety in e-commerce for online retailers. The platform utilizes big data, machine learning, and expert manual reviews to offer a financial guarantee against fraud for orders that are approved but turn out to be fraudulent. This enables retailers to offer a friction-free buying experience for their customers, boost sales, and explore new markets while mitigating risk.
Eric Chen, Andreessen Horowitz, TriplePoint Venture Growth BDC, PROOF, Founders Equity Partners, IA Ventures, William McKiernan, Think +, Section Partners, Maria Thomas, DCVC, EQUIAM, AMEX Ventures, Streamlined Ventures, Lucas Venture Group, Bill Mckiernan, CPP Investments, Premji Invest (US), QED Investors, TriplePoint Capital, Fidelity National Information Services, Tekton Ventures, Menlo Ventures, Costella Kirsch, Neuberger Berman.