Our insurance fraud detection and risk assessment software at underwriting and claims improves combined ratios for insurers up to 5%.
Employees: 51-200
Total raised: $82.67M
Founded date: 2006
Investors 5
| Date | Name | Website |
| - | BlackFin C... | blackfincp... |
| - | Plug and P... | plugandpla... |
| 29.07.2021 | Accel-KKR | accel-kkr.... |
| - | BlackFin T... | blackfin-t... |
| - | BlackFin C... | blackfin.c... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 29.07.2021 | Series B | $65.06M | Accel-KKR |
| 12.12.2017 | Series A | $17.61M | - |
Mentions in press and media 16
| Date | Title | Description |
| 20.02.2026 | Firms race to counter fast-evolving AI-driven fraud | - |
| 30.04.2025 | Sunil Kumar Mudusu: Pioneering AI Solutions in Insurance and Healthcare | Created by Carl Williams Updated: Apr 30 2025, 00:31 AM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard |
| 30.10.2023 | FRISS to Use Microsoft Azure OpenAI Service for Enhanced AI Fraud Model Explanations | Azure OpenAI Service supports honest insurance with transforming alerts for potential fraud into human readable stories FRISS, one of the world’s most implemented solutions for trust automation at P&C carriers, has recently collaborated... |
| 24.10.2023 | Insurance companies are betting on AI and mass data analytics in a battle against fraud that costs billions | Tech Insurance companies are betting on AI and mass data analytics in a battle against fraud that costs billions Amanda Paule 2023-10-24T20:56:41Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email i... |
| 04.07.2023 | Startup Showcase: Friss – Revolutionizing Insurance with Analytic Software | In our latest Startup Showcase, we introduce Friss, a trailblazing tech startup based in Utrecht, The Netherlands. Specializing in Property & Casualty (P&C) insurance, Friss offers a powerful analytics software aimed at managing fra... |
| 29.12.2021 | These are the 21 biggest funding rounds of 2021 in the Netherlands | Over the last decade, the startup ecosystem’s value in the Netherlands has been rising fast. With a competitive talent pool, a complicated yet connected economic structure, and a booming tech sector, the Netherlands has enough reasons to be... |
| 09.11.2021 | Successfully Traversing the Fraud Detection Tightrope | Without proper management of fraud prevention, insurers face an obstacle course of challenges. There are so many regulatory and compliance steps required, it's the equivalent of traversing the Grand Canyon on a tightrope without a net - dur... |
| 29.07.2021 | Dutch and US-based FRISS secures €54.8M to develop fraud detection software for insurers | Dutch and US-based FRISS is a cybersecurity company that focuses completely on automated fraud and risk detection for P&C insurance companies across the world. Today, the company announced that it has secured $65M (approx €54.82M) in it... |
| 28.07.2021 | TPG and Brookfield add billions to the climate-tech coffers | As interest in climate-tech grows, so are the mega war chests. Paid Content Building a world economy in WordPress From WP Engine Growth equity and buyout investor TPG announced earlier this week that it had raised $5.4 billion to invest in ... |
| 28.07.2021 | Friss Raises $65M in Series B Funding | Friss, a provider of AI-powered end-to-end fraud prevention and detection solutions for P&C insurers worldwide, closed a $65m Series B funding. The round was led by Accel-KKR, with participation from existing investor Aquiline. In conju... |
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