Thirdwatch.ai - About the company
Thirdwatch.ai is an acquired company based in Gurugram (India), founded in 2016 by Shashank Agarwal. It operates as a Provider of AI-enabled fraud prevention solutions for e-commerce sites to protect against abuse, monetary and reputation loss. Thirdwatch.ai has raised $229K in funding, with last known valuation of ₹*****. The company has 886 active competitors, including 159 funded and 117 that have exited. Its top competitors include companies like Sift, Simplex and Riskified.
Company Details
Provider of AI-enabled fraud prevention solutions for e-commerce sites to protect against abuse, monetary and reputation loss. It offers protection to e-commerce sites from abuse, monetary and reputation loss. Its proprietary machine learning engine 'Mitra' leverages behavior analysis, device fingerprinting, location profile, and other multiple signals to prevent fraudulent activity such as payment fraud, promo code fraud, account abuse, and product return fraud of e-commerce industry. Its platform automatically blocks all the risky transactions and suspicious items will be either diverted/listed on the user's supply chain management system or in the ThirdWatch dashboard.
- Website
- thirdwatch.ai
- Email ID
- *****@thirdwatch.ai
- Registered Address
- C 802 NIRVANA COURTYARD NIRVANA COUNTRY, SECTOR 50, Gurgaon, GURGAON, Haryana, India, 122018
Key Metrics
Founded Year
2016
Location
Gurugram, India
Stage
Acquired
Total Funding
$229K in 1 round
Latest Funding Round
Last Known Valuation
₹***** as on Jan 01, 2019
Investors
Ranked
134th among 886 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2019
Exit Details
Acquired by Razorpay (Aug 05, 2019)
Legal entities associated with Thirdwatch.ai
Thirdwatch.ai is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
THIRDWATCH DATA PRIVATE LIMITED CIN: U74999HR2016PTC064015 , India, Active | May 10, 2016 | 0 - ₹10 Cr (As on Mar 31, 2019) | - |
Thirdwatch.ai's acquisition details
Thirdwatch.ai got acquired by Razorpay on Aug 05, 2019.
Click here to take a look at Thirdwatch.ai's acquisition in detail
Sign up to download Thirdwatch.ai's company profile
Thirdwatch.ai's funding and investors
Thirdwatch.ai has raised a total funding of $229K over 1 round. Its latest funding round was a Seed round on Sep 20, 2017 for $*****. 45 investors participated in its latest round. Thirdwatch.ai has 9 institutional investors and 40 angel investors.
Here is the list of recent funding rounds of Thirdwatch.ai:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 20, 2017 | 7609779 | Seed | 1720219 | 3458210 | 2354424 | 9411499 |
Access funding benchmarks and valuations. Sign up today!View details of Thirdwatch.ai's funding rounds and investors
Thirdwatch.ai's founders and board of directors
Founder? Claim ProfileThe founders of Thirdwatch.ai is Shashank Agarwal.
Here are the details of Thirdwatch.ai's key team members:
- Shashank Agarwal: Former Co-Founder of Thirdwatch.ai. They serve on the board of 1 company.Contact Info: 1 phone number
Thirdwatch.ai's Board of Directors
Thirdwatch.ai's board has 2 active members. Rahul Agarwalla and Shashank Agarwal are part of team.Here is the list of Thirdwatch.ai's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 4m | |
tgkybjt | Team | - | Past | 1y 7m |
Investor | - | Current | 9y 0m |
View details of Thirdwatch.ai's Founder profiles and Board Members
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Thirdwatch.ai's Competitors and alternates
Top competitors of Thirdwatch.ai include Sift, Simplex and Riskified. Here is the list of Top 10 competitors of Thirdwatch.ai, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Sift 1997, San Francisco (United States), Series D | Provider of an AI-powered platform for fraud detection and prevention | $162M | 75/100 | |
2nd | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
3rd |  Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 73/100 | |
4th | Quantexa 2016, London (United Kingdom), Series F | Provider of decision intelligence software for connecting fragmented enterprise data | $545M | 71/100 | |
5th | Signifyd 2011, Palo Alto (United States), Series E | Provider of fraud prevention and payment validation for online retailers | $394M | 70/100 | |
6th | Cloud based KYC and AML management software | $181M | 70/100 | ||
7th | Bottomline Technologies 1989, Portsmouth (United States), Acquired | Provider of business payments automation, connectivity, cash management, and fraud solutions | - | 69/100 | |
8th | Jack Henry 1976, Monett (United States), Public | Provider of technology solutions and services for financial institutions and businesses | - | 68/100 | |
9th | Microblink 2013, London (United Kingdom), Series A | Platform offering card scanning apps-based consumer payments | $60M | 68/100 | |
10th | Provider of AI-powered anti-money laundering and fraud prevention technology solutions | $83M | 68/100 | ||
134th | Thirdwatch.ai 2016, Gurugram (India), Acquired | Provider of AI-enabled fraud prevention solutions for e-commerce sites to protect against abuse, monetary and reputation loss | $229K | 42/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Thirdwatch.ai's competitors? Click here to see the top ones
Thirdwatch.ai's Latest cap tables and shareholding
Founders (largest shareholder) own 69.49%, Funds own 7.09%, Enterprises own 0.40% and Angels own 11.74%. The net worth of Thirdwatch.ai's founders is INR 6Cr as of Jan 01, 2019.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 69.49% | 6Cr | 6528583 | 3099614 | 7984693 | 4644314 |
9880534 | 7022096 | 1377437 | 5650438 | 5274988 | 5924127 | |
Fund | 7.09% | 61.2L | 2349925 | 2804938 | 1159249 | 1625263 |
Enterprise | 0.40% | 3.48L | 0 | 0 | 0 | 0 |
Angel | 11.74% | 1.01Cr | 4181748 | 3371101 | 2843749 | 7272401 |
Other People | 1.25% | 10.8L | 2 | 1 | 1 | 4 |
ESOP Pool | 10.03% | 86.5L | 6354523 | 9210338 | 4766938 | 5314794 |
Total | 100.00% | 8.63Cr | 1155515 | 2203564 | 4309033 | 1866998 |
To unlock detailed Cap Table of Thirdwatch.ai Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Thirdwatch.ai's Shareholding
Thirdwatch.ai's Investments and acquisitions
Thirdwatch.ai has made no investments or acquisitions yet.
Reports related to Thirdwatch.ai
Here is the latest report on Thirdwatch.ai's sector:
News related to Thirdwatch.ai
•
Online payments solutions provider platform Razorpay gets $18.37 million investment from US-based parent firmThe Indian Wire•Oct 07, 2019•Razorpay, Thirdwatch.ai
•
Razorpay acquires Gurgaon-based fraud prevention AI startup ThirdwatchBusiness Standard•Aug 05, 2019•Razorpay, Thirdwatch.ai
•
How AI startup ThirdWatch is keeping an eye on and preventing online fraud through MitraYourStory•Dec 10, 2017•Thirdwatch.ai
•
AI startup ThirdWatch raises angel funding - Times of IndiaIndiatimes•Oct 10, 2017•Thirdwatch.ai, Indian Angel Network, Tholons Capital, B&K Securities and 36 others
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Thirdwatch.ai
Explore our recently published companies
- Merit Builders - Caloundra based, Unfunded company
- iGreen - Hungary based, 2023 founded, Unfunded company
- Ash Holland - Unfunded company
- BlockchainMonk - 2008 founded, Unfunded company
- Otter Daughters - Ottawa based, 2015 founded, Unfunded company
- BIOMANITY - 2017 founded, Unfunded company
