Rippleshot

Rippleshot

Rippleshot reduces over 25% of fraud losses for banks and merchants by uncovering merchant data breaches and stopping card fraud sooner. Learn more
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DateInvestorsAmountRound
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N/A

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$800k

Seed

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Seed

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Growth Equity VC
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$2.4m

Early VC

$2.6m

Early VC
N/A

$1.5m

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Total Funding$7.3m

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Rippleshot is a technology company specializing in fraud detection and prevention solutions for financial institutions. Operating in the financial technology sector, Rippleshot serves a diverse range of clients from small banks to large financial institutions. The company's core product leverages artificial intelligence (AI) and machine learning to provide actionable fraud analytics and monitoring tools. These tools help financial institutions identify data breaches, high-risk merchants, and compromised cards, thereby reducing card fraud losses.

Rippleshot's business model is based on providing subscription-based software solutions that offer in-depth visibility into customer transactions. The platform enables clients to detect fraud trends in seconds, rather than hours or days, making fraud management more efficient and effective. By offering customized fraud risk portfolios, Rippleshot allows financial institutions to proactively manage and mitigate fraud risks.

The company generates revenue through subscription fees for its software-as-a-service (SaaS) platform. This model ensures a steady stream of recurring revenue while providing clients with continuous updates and improvements to the fraud detection algorithms.

Rippleshot's market includes financial institutions looking to enhance their fraud detection capabilities and reduce operational costs associated with fraud management. The company's innovative use of AI and machine learning positions it as a leader in the fraud detection space, offering a competitive edge to its clients.

Keywords: fraud detection, AI, machine learning, financial institutions, data breaches, compromised cards, high-risk merchants, SaaS, fraud analytics, risk management.

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