DataVisor has developed a platform equipped with AI and machine learning to prevent fraud and reduce losses as a result of fraud. Its solutions have been used by companies like Taskrabbit, affirm, NASA, Federal Credit Union, and Booking.com. DataVisor uses machine learning to detect fraud and financial crime, using unsupervised machine learning to identify attack campaigns before they result in any damage. DataVisor protects companies from attacks, such as account takeovers, fake account creation, money laundering, fake social posts, and fraudulent transactions.
The company has raised over $94.5 million in funding from investors such as TruStage Ventures and NewView Capital. The company has not announced any plans for an initial public offering (IPO) as of September 2021. However, some sources speculate that the earliest DataVisor could go public is in 2024 . DataVisor is a fraud detection company powered by transformational AI technology that provides real-time information and alerts to its clients across various industries and sectors.