When was Quavo founded?

Quavo was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Quavo located?

Quavo is headquartered in Wilmington, United States. It is registered at Philadelphia, Pennsylvania.

How many employees does Quavo have?

As of Aug 31, 2026, the latest employee count at Quavo is 160.

Is Quavo a funded company?

Quavo is a funded company, having raised a total of $311M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 19, 2020.

When was the latest funding round of Quavo?

Quavo's latest funding was a $***** PE round on Jul 22, 2025, with participation from 1 investor. Its primary sector is Security & Surveillance Technology. In United States, the Security & Surveillance Technology sector has seen $4.57B in funding in 2026 to date.

Where does Quavo rank among its competitors?

Quavo ranks 84th amongst 1146 active competitors, of which 249 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Sift, which secured $507K in Oct, 2025.

Who are the top competitors of Quavo?

Quavo's top competitors include ComplyAdvantage, Sift and Kairos. Among them, Sift secured the most recent funding round in October, 2025.

Quavo - 2026 Company Profile, Team, Funding & Competitors

Quavo is a series A company based in Wilmington (United States), founded in 2016 by Daniel Penne. It operates as a Cloud based fraud detection solutions for card transactions. Quavo has raised $311M in funding from Decathlon Capital Partners and FINTOP. The company has 1146 active competitors, including 249 funded and 201 that have exited. Its top competitors include companies like ComplyAdvantage, Sift and Kairos.

Company Details

Cloud based fraud detection solutions for card transactions. It offers solutions that enable automated reasonable investigation agents for fraud investigation, quantum fraud and disputes for fraud and disputes processing solutions, quantum accelerators for business growth development, and more. It also facilitates an automated fraud dealing process.

Website: quavo.com
Social
Email ID: *****@quavo.com
Phone Number: +1 **********
Registered Address: Philadelphia, Pennsylvania

Key Metrics

Founded Year

2016

Location

Wilmington, United States

Stage

Series A

Total Funding

$311M in 5 rounds

Latest Funding Round

PE, Jul 22, 2025, $*****

Investors

Decathlon Capital Partners & 3 more

Ranked

84^th among 1146 active competitors

Employee Count

160 as on Aug 31, 2026

Similar Companies

Cashfree Payments & 3276 more

View Quavo's full profile

Quavo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QUAVO, INC. CIN: 474504920 , United States, Active	Jun 16, 2015	-	99 (As on Dec 31, 2024)	-

Quavo has raised a total funding of $311M over 5 rounds. Its first funding round was on Jun 19, 2020. Its latest funding round was a PE round on Jul 22, 2025 for $*****. 1 investor participated in its latest round. Quavo has 4 institutional investors.

Here is the list of recent funding rounds of Quavo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 22, 2025	1105336	PE	7951121	2766906	6944917	4746396
Apr 13, 2023	1701124	Series A	1624621	9500525	1935404	4451265
Jul 29, 2022	5359274	Series A	6540197	6892710	1965356	6010211

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View details of Quavo's funding rounds and investors

The founders of Quavo is Daniel Penne.

Here are the details of Quavo's key team members:

Daniel Penne: Co-Founder & Chief Financial Officer of Quavo.
Contact Info: 1 email address

View details of Quavo's Founder profiles and Board Members

Quavo's employee count trend

Quavo has 160 employees as of Aug 26. Here is Quavo's employee count trend over the years:

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Top competitors of Quavo include ComplyAdvantage, Sift and Kairos. Here is the list of Top 10 competitors of Quavo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Ontario Teachers' Pension Plan, Index Ventures ... & 46 others	76/100
2nd	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	75/100
3rd	Kairos 2011, Miami (United States), Series A	Provider of AI-powered identity verification, document authentication, and biometric solutions	$19.6M	500 Global, Beyond Capital Markets & 21 others	74/100
4th	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
5th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	73/100
6th	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Lakestar, UBS & 38 others	73/100
7th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 22 others	73/100
8th	Quantexa 2016, London (United Kingdom), Series F	Provider of decision intelligence software for connecting fragmented enterprise data	$545M	GIC, Dawn Capital & 14 others	71/100
9th	Clear 2010, New York City (United States), Public	Provider of expedited identity verification services for airport security and more	$135M	T. Rowe Price, United Airlines & 22 others	71/100
10th	Chainalysis 2014, New York City (United States), Series F	Blockchain data platform providing crypto insights	$538M	GIC, Benchmark & 45 others	71/100
84th	Quavo 2016, Wilmington (United States), Series A	Cloud based fraud detection solutions for card transactions	$311M	Spectrum Equity, JAM FINTOP & 2 others	58/100