Riskified is an AI-powered platform that allows e-commerce sites to better identify legitimate shoppers and reduce friction in the purchasing process. The company’s scalable solution adapts to meet evolving needs as e-commerce shops release new products and enter new markets. Riskified’s machine learning models pull from more than 1 billion past transactions to make instant decisions that stop e-commerce fraud attacks before they occur.
The company launched its initial public offering on the NYSE on July 28, 2021, valuing the company at $4.3 billion. Riskified provides software as a service (SaaS) fraud and chargeback prevention technology. It was founded in 2012 by Eido Gal and Assaf Feldman.