Total amount raised
$78.6 Million
Latest funding date
10/1/2017
Location
Feedzai has successfully raised funding through nine rounds, with the most recent being a Series E round involving investors such as Explorer Investments, Iberis Capital, and Lince Capital. The company specializes in AI-driven solutions to prevent fraud and financial crime, offering a comprehensive platform that includes advanced AI, actionable network intelligence, and seamless account opening.
Keep reading to explore the intricacies of Feedzai's fundraising journey and the investors backing this innovative platform.
What Is Feedzai?
Feedzai, founded in Coimbra, Portugal, operates in the fields of Analytics, Artificial Intelligence (AI), FinTech, Fraud Detection, and Information Technology. The company employs between 501-1000 people and has raised funding over nine rounds, with the latest being a Series E round.
Specializing in AI-driven solutions, Feedzai's platform offers comprehensive fraud and financial crime prevention. Their RiskOps platform provides a unified approach to combat fraud across various industries, including retail banks, merchant acquirers, and government agencies.
How Much Funding Has Feedzai Raised?
- Seed Round
- Amount Raised: EUR 2,400,000
- Date: May 2011
- Lead Investors: Armilar Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop initial AI-driven fraud detection technology and establish market presence.
- Series A
- Amount Raised: USD 2,400,000
- Date: February 2013
- Lead Investors: DCVC, Sapphire Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance the AI capabilities of the platform.
- Series Unknown
- Amount Raised: USD 4,158,600
- Date: May 2014
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and increase market penetration.
- Series B
- Amount Raised: USD 17,500,000
- Date: May 2015
- Lead Investors: Oak HC/FT
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand into new markets.
- Series Unknown
- Date: October 2016
- Lead Investors: Citi Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance technological infrastructure and support growth initiatives.
- Series C
- Amount Raised: USD 50,000,000
- Date: October 2017
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the business and improve AI-driven fraud detection capabilities.
- Series D
- Amount Raised: USD 200,000,000
- Date: March 2021
- Lead Investors: Kohlberg Kravis Roberts
- Valuation at Round: Well above $1 billion
- Motivation Behind the Round: To accelerate global expansion, further develop product offerings, and boost partner strategy.
- Series Unknown
- Date: September 2021
- Lead Investors: Conexo Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and technological advancements.
- Series E
- Amount Raised: USD 75,000,000
- Date: October 2025
- Lead Investors: Explorer Investments, Iberis Capital, Lince Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance AI capabilities and expand market reach.
Total Amount Raised: USD 351,058,600. Current Valuation: Not publicly disclosed.
Key Investors
- Explorer Investments
- Details: Explorer Investments is a leading private equity firm based in Portugal. They focus on investing in mid-sized companies with strong growth potential.
- Investment Focus Areas: Technology, healthcare, consumer goods.
- Notable Investments: Not publicly disclosed.
- Iberis Capital
- Details: Iberis Capital is a private equity firm that invests in small and medium-sized enterprises in Portugal and Spain. They aim to support companies with high growth potential and strong management teams.
- Investment Focus Areas: Technology, industrials, consumer services.
- Notable Investments: Not publicly disclosed.
- Lince Capital
- Details: Lince Capital is a venture capital firm that focuses on early-stage investments in innovative companies. They are based in Portugal and support startups with high growth potential.
- Investment Focus Areas: Technology, healthcare, renewable energy.
- Notable Investments: Not publicly disclosed.
- Kohlberg Kravis Roberts (KKR)
- Details: KKR is a global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit. They have a strong focus on growth equity investments.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: ByteDance, Epicor Software Corporation, GoDaddy.
- Citi Ventures
- Details: Citi Ventures is the venture capital arm of Citigroup. They invest in innovative startups and growth-stage companies that align with Citi's strategic goals.
- Investment Focus Areas: Financial technology, data analytics, enterprise solutions.
- Notable Investments: Plaid, Betterment, Honey.
What's Next for Feedzai?
Feedzai stands at the cusp of significant opportunities, driven by the increasing demand for digital banking and e-commerce security solutions. With a platform that monitors over 800 million customers in 190 countries, the company is poised for global expansion and further development of its AI-driven financial crime prevention technologies. The recent $200 million Series D funding round, led by KKR, underscores the vast potential for growth and innovation in this space.
Future fundraising opportunities appear promising, given the strong backing from major investors like KKR, Sapphire Ventures, and Citi Ventures. These funds will likely support continued product development and market expansion, positioning Feedzai to attract additional investment rounds. However, the company must navigate challenges such as intense competition, evolving financial crime tactics, and regulatory compliance across different regions.
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