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.
- Website
- www.friss.com/
- Phone Number
- +31 **********
Key Metrics
Founded Year
2006
Location
Utrecht, Netherlands
Stage
Series B
Total Funding
$88.7M in 3 rounds
Latest Funding Round
Ranked
159th among 3045 active competitors
Employee Count
219 as on Jul 31, 2026
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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 |
View details of FRISS's funding rounds and investors
FRISS's founders and board of directors
Founder? Claim ProfileThe 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:
- Jeroen Morrenhof: Co-Founder of FRISS. They are also an angel investor in 1 startup.
- Christian Van Leeuwen: Co-founder and Chief Strategy Officer of FRISS.
- Mireille Dyrberg: CEO of FRISS. Contact Info: 1 email address
View details of FRISS's Founder profiles and Board Members
FRISS's employee count trend
FRISS has 219 employees as of Jul 26. Here is FRISS's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $171M | 75/100 | |
2nd | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
3rd | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
4th | AI based identity verification and e-Signing solution provider | $13.8M | 72/100 | ||
5th | Clear 2010, New York City (United States), Public | Provider of expedited identity verification services for airport security and more | $135M | 71/100 | |
6th | Chainalysis 2014, New York City (United States), Series F | Blockchain data platform providing crypto insights | $538M | 71/100 | |
7th | Yoti 2014, London (United Kingdom), Series B | Provider of privacy-focused identity and age solutions | $210M | 71/100 | |
8th | Cloud based KYC and AML management software | $181M | 70/100 | ||
9th | iProov 2011, London (United Kingdom), Series B | Platform offering digital identity verification services | $85.1M | 70/100 | |
10th | Mantra Softech 2006, Ahmedabad (India), Series A | Biometrics-based security and surveillance solutions | $14.2M | 70/100 | |
159th | 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
Media has covered FRISS for 1 event in last 1 year.
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Fadata and FRISS Announce Solution Partnership to Revolutionize Risk Management and Fraud DetectionFintech Finance•Nov 27, 2024•Fadata, FRISS
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Verisk Expands Fraud-Fighting Capabilities for the Insurance Ecosystem with Two New Strategic PartnershipsGlobeNewswire•Mar 04, 2024•Verisk, FRISS, Globlue
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FRISS partners with research initiative FIN-X to advance responsible AI in insuranceReinsurance News•Jan 24, 2024•FRISS, FinX
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FRISS Launches Claims Analytics Accelerator for Guidewire CloudInsuranceNewsNet•Nov 07, 2023•FRISS, Guidewire
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FRISS to use Microsoft Azure OpenAI Service for Enhanced AI Fraud Model ExplanationsFinancial Post•Oct 26, 2023•FRISS, Microsoft Azure, Microsoft
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