US-based antifraud technology developer Signifyd completed a $205m series E round yesterday led by alternative asset manager Owl Rock Capital and backed by financial technology provider FIS.
The round also featured Canada Pension Plan Investment Board’s CPP Investments unit and Neuberger Berman Investment Advisers. The cash was secured at a $1.34bn valuation and the company has now raised approximately $400m in total.
Founded in 2011, Signifyd provides big data and machine learning-equipped fraud protection software that helps e-commerce merchants and buyers conduct safe online transactions.
Signifyd chief executive Raj Ramanand said: “Last year we saw ecommerce sales and influence propelled into 2025. And yet the online checkout experience is stuck in 2015.
“With this latest investment, Signifyd has the roadmap, the resources and technical talent to enable merchants to push the customer experience to that future state – and to keep pushing it forward for years to come.”
American Express Ventures, the corporate venturing arm of payment services firm American Express, took part in a $100m series D round in 2018 that valued Signifyd at $400m. It was led by PremjiInvest and also backed by AllegisCyber Capital, Bain Capital Ventures, IA Ventures, Menlo Ventures and Resolute Ventures.
Bain Capital Ventures led a $56m series C round for the company in 2017 that included American Express Ventures and Menlo Ventures, both having contributed to a $19m bridge round featuring TriplePoint Capital the year before. QED Investors, Tim Eades and Bill McKiernan are among its earlier backers.
