Quavo - About the company
Quavo is a series A company based in Wilmington (United States), founded in 2016 by Richard Jefferson and 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 1042 active competitors, including 237 funded and 192 that have exited. Its top competitors include companies like Jumio, ComplyAdvantage 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
- 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
Investors
Ranked
75th among 1042 active competitors
Employee Count
149 as on Apr 30, 2026
Legal entities associated with Quavo
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) | - |
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Quavo's funding and investors
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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 22, 2025 | 5379778 | PE | 7592752 | 4247220 | 4796498 | 8810800 |
Apr 13, 2023 | 1834421 | Series A | 2461078 | 6036091 | 9831849 | 2103729 |
Jul 29, 2022 | 3714998 | Series A | 3915685 | 2508528 | 5397538 | 6188501 |
View details of Quavo's funding rounds and investors
Quavo's founders and board of directors
Founder? Claim ProfileThe founders of Quavo are Richard Jefferson and Daniel Penne.
Here are the details of Quavo's key team members:
- Richard Jefferson: Co-Founder | EVP | BOD of Quavo. They are also an angel investor in 1 startup.
- 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 149 employees as of Apr 26. Here is Quavo's employee count trend over the years:
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Quavo's Competitors and alternates
Top competitors of Quavo include Jumio, ComplyAdvantage and Kairos. Here is the list of Top 10 competitors of Quavo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 76/100 | |
2nd | ComplyAdvantage 2014, London (United Kingdom), Series C | Cloud-based AML solutions | $167M | 75/100 | |
3rd | Kairos 2011, Miami (United States), Series A | Provider of AI-powered identity verification, document authentication, and biometric solutions | $19.6M | 74/100 | |
4th | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 74/100 | |
5th | Entrust 1969, Dallas (United States), Acquired | Provider of identity-centric security solutions, including issuance and data protection | - | 71/100 | |
6th | WorkFusion 2010, New York City (United States), Acquired | Provider of robotic process automation and chatbot solutions to automate work processes | $411M | 71/100 | |
7th | Clear 2010, New York City (United States), Public | Provider of expedited identity verification services for airport security and more | $135M | 71/100 | |
8th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
9th | Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 70/100 | |
10th | iProov 2011, London (United Kingdom), Series B | Platform offering digital identity verification services | $85.1M | 70/100 | |
75th | Quavo 2016, Wilmington (United States), Series A | Cloud based fraud detection solutions for card transactions | $311M | 58/100 |
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Quavo's Investments and acquisitions
Quavo has made no investments or acquisitions yet.
News related to Quavo
Media has covered Quavo for a total of 8 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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Quavo Report: Spirit Airlines Shutdown Leads to 1,000% Surge in Chargeback ClaimsGlobeNewswire•May 06, 2026•Quavo
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Apple FCU Partners with Quavo to Modernize Dispute OperationsGlobeNewswire•Feb 24, 2026•Quavo, Apple Federal Credit Union
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First City Credit Union & Quavo Deliver Online Fraud Resolution After LA FiresGlobeNewswire•Aug 05, 2025•First City Credit Union, , Quavo
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Quavo Fraud & Disputes Releases Landmark 2025 State of Dispute Management Performance ReportGlobeNewswire•Jul 29, 2025•Quavo
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Quavo Fraud & Disputes Secures $300 Million Growth Investment from Spectrum EquityGlobeNewswire•Jul 22, 2025•Quavo, Spectrum Equity, FINTOP, Pegasystems and 3 others
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Quavo Fraud & Disputes to Unveil Groundbreaking QFD® Launch at Finovate FallFintech Finance•Aug 13, 2024•Quavo
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