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Accertify Analysis: $7M Raised

What is Accertify?

Accertify specializes in risk management solutions that leverage artificial intelligence and machine learning. Their approach combines community insights and deep expertise to effectively identify authentic customers. This enables businesses to grow while minimizing risks associated with fraud and abuse.
Employees
501-1000
Founded
2007
Industry
SaaS, FinTech, Cybersecurity

Product Features & Capabilities

  • Account Protection against non-payment attacks
  • Fraud Detection to maximize sales and minimize risk
  • Abuse Protection to distinguish between good customers and policy abusers
  • Payment Optimization to enhance transaction security
  • Chargeback Management to automate workflows and drive efficiency.

Use Cases

Safeguard accounts from non-payment attacks; Detect and prevent fraudulent transactions; Manage excessive returns and abuse; Optimize payment processes to reduce fraud; Automate chargeback workflows for efficiency.

How much Accertify raised

Series A - $4M

June 03, 2008
Lead Investor: Intel Capital

Series A - $2.43M

June 08, 2009
Lead Investor: Not specified

Series A - $700K

May 04, 2010
Lead Investor: Not specified

Other Considerations

Protected over 7.6 billion e-commerce transactions last year; Prevented more than $9 billion in risk; Trusted by leading brands like United Airlines and Marks & Spencer.

Financial Overview

$7MTotal Raised
Series A$4M
June 03, 2008
Investors: Intel Capital
Series A$2.43M
June 08, 2009
Investors: Not specified
Series A$700K
May 04, 2010
Investors: Not specified
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