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Fingerprint Raises $33M In Series C Funding To Accelerate Enterprise Device Intelligence And Fraud Prevention Adoption

Oct 17, 2023•over 1 year ago

Amount Raised

$33 Million

Round Type

series c

ChicagoSoftware Development

Investors

Uncorrelated VenturesNexus Venture Partners

Description

Fingerprint, the world's most accurate device intelligence platform, raised $33 million in Series C funding led by Nexus Venture Partners with participation from Uncorrelated Ventures. Fingerprint aids developers in building device identification with flexible APIs capable of identifying fraudsters while ensuring low-friction experiences for trusted users. The Fingerprint platform leads with best-in-class accuracy, identifying 99.5% of returning users in less than 500 milliseconds of processing time. The new funding brings the company's total funding to $77 million.

Company Information

Company

Fingerprint

Location

Chicago, Illinois, United States

About

Fingerprint empowers developers to stop online fraud at the source. We work on turning radical new ideas in the fraud detection space into reality. Our products are developer-focused and our clients range from solo developers to publicly traded companies. Some of our customers include Booking.com and Yahoo just to name a few. We are a globally dispersed, 100% remote company with a strong open-source focus. Our flagship open source project is FingerprintJS (20K+ stars on GitHub). We have raised $77M and are backed by Craft Ventures (previously invested in Tesla, Facebook, Airbnb), Nexus Venture Partners (previously invested in Postman, Apollo.io, MinIO, Druva) , and Uncorrelated Ventures (previously invested in Redis, Rollbar & Gradle).

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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