Futurae
Futurae offers a comprehensive, AI-based, user-centric authentication and fraud-prevention platform designed to enhance security and usability for businesses and their customers. The platform supports a wide range of authentication methods, including passwordless and adaptive authentication, as well as transaction signing. Futurae aims to reduce user friction, improve customer experience, and lower operational costs for companies, particularly in industries like banking, fintech, insurance, payment, and retail. With a focus on compliance with strict regulatory and security guidelines, Futurae has demonstrated significant impact, such as reducing help desk costs by 40% and enabling a 10x faster go-to-market. The company leverages its cloud-native, easily integrable platform and mobile SDKs to provide seamless and secure digital experiences.
Futurae
Futurae offers a comprehensive, AI-based, user-centric authentication and fraud-prevention platform designed to enhance security and usability for businesses and their customers. The platform supports a wide range of authentication methods, including passwordless and adaptive authentication, as well as transaction signing. Futurae aims to reduce user friction, improve customer experience, and lower operational costs for companies, particularly in industries like banking, fintech, insurance, payment, and retail. With a focus on compliance with strict regulatory and security guidelines, Futurae has demonstrated significant impact, such as reducing help desk costs by 40% and enabling a 10x faster go-to-market. The company leverages its cloud-native, easily integrable platform and mobile SDKs to provide seamless and secure digital experiences.
TL;DR
Headquarters / origin: Zurich-based ETH Zurich spin-off (founded 2016)
Product: Cloud-native authentication platform: passwordless, transaction signing, fraud detection
Customers / industry focus: Banks, fintechs, insurance, payments, retail
Recent funding signal: Investors include Euroclear and AXA Venture Partners; last reported funding date 2021-04-06
Company Overview
Problem Domain
Authentication, transaction confirmation, fraud prevention for digital services (especially financial services).
Founded
2016
Industry
Cybersecurity / Authentication
Tech Stack
Funding Track Record
2000000.00 CHF
Seed/early financing announced 26 Sep 2018 with participation from DIventures, Zürcher Kantonalbank and an angel investor
Funding round in 2021 naming Euroclear among investors and indicating participation from AXA Venture Partners, Zürcher Kantonalbank and EquityPitcher Ventures
Investor Signal
“Backed by strategic and venture investors including Euroclear, AXA Venture Partners, Zürcher Kantonalbank, DIventures and EquityPitcher Ventures”