# DataVisor

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/datavisor

- Industry: IT Security/Cybersecurity
- Headquarters: Mountain View, US
- Website: www.datavisor.com
- Total disclosed funding: $99M
- Latest round: Series F (Dec 6, 2022)
- Investors on record: 6

## About

DataVisor Inc., based in the US, specializes in AI-powered fraud detection solutions designed to protect financial institutions and large organizations from diverse forms of fraud and financial crimes.Founded in 2013 by Fang Yu and Yinglian Xie, DataVisor Inc. operates out of Mountain View, California, US. The company focuses on providing a robust fraud detection platform primarily for banks, credit unions, and fintech firms. The latest funding round, a Series F, raised USD 35.85 mn from Brighton Park Capital and other investors on May 9, 2023, bringing the total amount raised to USD 35.85 mn. The company's current valuation stands at USD 230.46 mn.DataVisor offers an advanced AI-powered fraud detection platform tailored for financial institutions and large organizations. Their core solution is an end-to-end Software-as-a-Service (SaaS) platform that leverages artificial intelligence and machine learning to identify and mitigate various forms of fraud and financial crimes in real-time. This platform enhances fraud detection accuracy, streamlines operations, and reduces false positives. Key use cases include account takeover prevention, ACH and wire fraud, application fraud, and efforts in financial crime and anti-money laundering. The clientele mainly includes banks, credit unions, fintech firms, and digital payments providers, with a focus on North America, Europe, and Asia.DataVisor generates revenue through a subscription-based model, where clients pay for access to its fraud detection platform and services. This model supports scalable partnerships with institutions requiring ongoing fraud prevention and risk management. The company's flagship offerings, such as the AI Co-Pilot, integrate seamlessly into clients' workflows for rapid deployment, often providing protection within weeks of onboarding. While specific pricing details are not disclosed, the subscription model varies based on service scale and user numbers, addressing the diverse needs of enterprise clients.Following a recent investment in May 2023 from CMFG Ventures, DataVisor plans to accelerate its expansion into the credit union market. The funding will support initiatives aimed at developing new products and enhancing existing services to meet client needs. The company is focused on growing its market presence in North America and aims to identify potential opportunities in Europe and Asia as part of its future growth strategy.

## Funding rounds

- Series F, Dec 6, 2022, $36M — GSR Ventures, NewView Capital, Brighton Park Capital
- Series D, Jan 25, 2018, $40M — New Enterprise Associates, Hong Shan, GSR Ventures
- Series C, May 17, 2016, $12M — Genesis Capital
- Series B, Oct 5, 2015, $11M — New Enterprise Associates, GSR Ventures
- Seed, May 9, 2014 — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Seed, Series B, Series D
- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series B, Series D, Series F
- Genesis Capital — Series C
- Hong Shan — Series D
- NewView Capital (https://capitalatlas.ai/funds/newview-capital) — Series F
- Brighton Park Capital (https://capitalatlas.ai/funds/brighton-park-capital) — Series F
