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FRISS - About the company

FRISS is a series B company based in Utrecht (Netherlands), founded in 2006 by Jeroen Morrenhof and Christian Van Leeuwen. It operates as a Provider of trust automation platform for property and casualty insurance carriers. FRISS has raised $88.7M in funding from investors like Accel-KKR, BlackFin and Guidewire. The company has 3045 active competitors, including 501 funded and 316 that have exited. Its top competitors include companies like ComplyAdvantage, Kairos and Simplex.

Company Details

Provider of trust automation platform for property and casualty insurance carriers. The platform helps automate risk assessment processes behind every customer interaction. It analyzes policy requests, renewals, and claims for trustworthiness, flagging high risks. The platform offers solutions for underwriting, claims, and investigations.
Social
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Phone Number
+31 **********
Key Metrics
Founded Year
2006
Location
Utrecht, Netherlands
Stage
Series B
Total Funding
$88.7M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
219 as on Jul 31, 2026
Investment & Acquisitions
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FRISS's funding and investors

FRISS has raised a total funding of $88.7M over 3 rounds. Its first funding round was on Dec 12, 2017. Its latest funding round was a Series B round on Nov 02, 2021 for $*****. 1 investor participated in its latest round. FRISS has 5 institutional investors.

Here is the list of recent funding rounds of FRISS:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 02, 2021
2167868
Series B
1547638
4954330
2128233
8705067
Jul 28, 2021
5166562
Series B
6593393
7967623
3433675
Dec 12, 2017
3815971
Series A
8606099
4125343
5954970
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FRISS's founders and board of directors

Founder? Claim Profile
The founders of FRISS are Jeroen Morrenhof and Christian Van Leeuwen. Mireille Dyrberg is the CEO of FRISS.
Here are the details of FRISS's key team members:

FRISS's employee count trend

FRISS has 219 employees as of Jul 26. Here is FRISS's employee count trend over the years:
Employee count trend for FRISS
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FRISS's Competitors and alternates

Top competitors of FRISS include ComplyAdvantage, Kairos and Simplex. Here is the list of Top 10 competitors of FRISS, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ComplyAdvantage
ComplyAdvantage
2014, London (United Kingdom), Series C
Cloud-based AML solutions
$171M
75/100
2nd
Logo for Kairos
Kairos
2011, Miami (United States), Series A
Provider of AI-powered identity verification, document authentication, and biometric solutions
$19.6M
74/100
3rd
Logo for Simplex
Simplex
2014, Ramat Gan (Israel), Acquired
AI-based crypto payments and fraud prevention solutions for businesses
$19M
73/100
4th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
5th
Logo for Clear
Clear
2010, New York City (United States), Public
Provider of expedited identity verification services for airport security and more
$135M
71/100
6th
Logo for Chainalysis
Chainalysis
2014, New York City (United States), Series F
Blockchain data platform providing crypto insights
$538M
71/100
7th
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of privacy-focused identity and age solutions
$210M
71/100
8th
Logo for Fenergo
Fenergo
2009, Dublin (Ireland), Acquired
Cloud based KYC and AML management software
$181M
70/100
9th
Logo for iProov
iProov
2011, London (United Kingdom), Series B
Platform offering digital identity verification services
$85.1M
70/100
10th
Logo for Mantra Softech
Mantra Softech
2006, Ahmedabad (India), Series A
Biometrics-based security and surveillance solutions
$14.2M
70/100
159th
Logo for FRISS
FRISS
2006, Utrecht (Netherlands), Series B
Provider of trust automation platform for property and casualty insurance carriers
$88.7M
50/100
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FRISS's Investments and acquisitions

FRISS has acquired 2 companies including Polonious and Terrene Labs. FRISS has not made any investments as of now.

Reports related to FRISS

Here is the latest report on FRISS's sector:

News related to FRISS

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Media has covered FRISS for 1 event in last 1 year.
FRISS receives information security certificationInsurance Business AmericaDec 05, 2022FRISS
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