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Snappt - About the company

Snappt is a series A company based in Los Angeles (United States), founded in 2016 by Daniel Berlind. It operates as a Provider of AI-enabled platform for fraud detection and income verification. Snappt has raised $102M in funding from Insight Partners and Dreamit, with a current valuation of $*****. The company has 2346 active competitors, including 400 funded and 306 that have exited. Its top competitors include companies like ComplyAdvantage, Sift and Entrust.

Company Details

Provider of AI-enabled platform for fraud detection and income verification. The platform offers document fraud detection, identity verification, income verification, and verification of rent. It combines technology and human expertise to detect fraud and deliver insights. The platform analyzes metadata elements to confirm document authenticity and researches emerging fraud trends.
Website
snappt.com
Social
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Email ID
*****@snappt.com
Key Metrics
Founded Year
2016
Location
Los Angeles, United States
Stage
Series A
Total Funding
$102M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 05, 2025
Ranked
Employee Count
118 as on Aug 31, 2026
Investment & Acquisitions
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Snappt's funding and investors

Snappt has raised a total funding of $102M over 3 rounds. Its first funding round was on Sep 07, 2018. Its latest funding round was a Series A round on Feb 23, 2022 for $*****. 1 investor participated in its latest round. Snappt has 4 institutional investors.

Here is the list of recent funding rounds of Snappt:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 23, 2022
4138868
Series A
6267961
4589564
6039634
3326486
Sep 09, 2019
9543596
Seed
9275916
5446987
6432881
5531735
Sep 07, 2018
2457478
Seed
3404419
3474933
1044332
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Snappt's founders and board of directors

Founder? Claim Profile
The founders of Snappt is Daniel Berlind.
Here are the details of Snappt's key team members:

Snappt's employee count trend

Snappt has 118 employees as of Aug 26. Here is Snappt's employee count trend over the years:
Employee count trend for Snappt
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Snappt's Competitors and alternates

Top competitors of Snappt include ComplyAdvantage, Sift and Entrust. Here is the list of Top 10 competitors of Snappt, 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 Sift
Sift
1997, San Francisco (United States), Series D
Provider of an AI-powered platform for fraud detection and prevention
$162M
75/100
3rd
Logo for Entrust
Entrust
1969, Dallas (United States), Acquired
Provider of identity-centric security solutions, including issuance and data protection
-
74/100
4th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$201M
73/100
5th
Logo for Simplex
Simplex
2014, Ramat Gan (Israel), Acquired
AI-based crypto payments and fraud prevention solutions for businesses
$19M
73/100
6th
Logo for Symphony
Symphony
2014, New York City (United States), Series E
Compliance management solutions for financial institutions
$461M
73/100
7th
Logo for Profitero
Profitero
2009, Dun Laoghaire (Ireland), Acquired
Platform offering E- Commerce analytics solutions
$28.2M
73/100
8th
Logo for Riskified
Riskified
2013, New York City (United States), Public
AI-based payment fraud prevention solutions for e-commerce solution
$232M
73/100
9th
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
72/100
10th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
112th
Logo for Snappt
Snappt
2016, Los Angeles (United States), Series A
Provider of AI-enabled platform for fraud detection and income verification
$102M
56/100
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Snappt's Investments and acquisitions

Snappt has acquired Trigo. Snappt has not made any investments as of now.

Reports related to Snappt

Here is the latest report on Snappt's sector:

News related to Snappt

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Media has covered Snappt for a total of 3 events in the last 1 year, 3 of them have been about partnerships.
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FAQs about Snappt

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