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Rippleshot is a customer-first, fraud-fighting company that builds software to detect, reduce, and stop card fraud using machine learning automation, predictive analytics, and big data. They offer…

Rippleshot is a customer-first, fraud-fighting company that builds software to detect, reduce, and stop card fraud using machine learning automation, predictive analytics, and big data. They offer…
Founded: 2013
Headquarters: Chicago, Illinois
What they do: Cloud-based fraud analytics to detect and reduce payment card fraud using ML and big data
Notable products: Sonar; Rules Assist
Total funding: 7,300,000.00 USD
Employees (reported): 18
Payment card fraud detection and prevention for banks, credit unions, card processors, and merchants—focusing on identifying compromised merchants/cards and enabling proactive interventions.
2013
Fintech (fraud analytics, payments)
1,200,000.00 USD
Other participants included UMB Bank, Wintrust, and SixThirty.
2,600,000.00 USD
Participation included CMFG Ventures.
“Known investors include KGC Capital (led 2015 bridge), KDWC (led 2017 round), CMFG Ventures, UMB Bank, Wintrust, SixThirty, and Method Capital.”
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