October 19, 2023 at 05:16PM
Chicago-based device intelligence platform, Fingerprint, has raised $33 million in Series C funding led by Nexus Venture Partners. The platform offers flexible APIs that aid developers in device identification, allowing them to detect fraudsters while ensuring seamless experiences for trusted users. Fingerprint’s funding total now stands at $77 million. The company plans to build new tools and capabilities to address complex device identification challenges. Fingerprint is trusted by over 6,000 companies globally, including Dropbox and Neiman Marcus.
Key takeaways from the meeting notes:
1. Fingerprint, the device intelligence platform, has raised $33 million in Series C funding led by Nexus Venture Partners and Uncorrelated Ventures. This funding brings the company’s total funding to $77 million.
2. Fingerprint provides developers with flexible APIs for building device identification to identify fraudsters and ensure a seamless experience for trusted users.
3. The platform has achieved best-in-class accuracy, identifying 99.5% of returning users in less than 500 milliseconds.
4. Fingerprint has seen significant growth due to its easy integration, instant value for new customers, and extensive documentation.
5. Industry leaders like Dropbox and Neiman Marcus trust Fingerprint for detecting fraud and creating personalized experiences.
6. The company’s device intelligence API helps prevent fraudulent transactions and provides a complete view of all users across web and mobile devices.
7. Fingerprint is used for various use cases, including protecting login pages, preventing payment fraud, detecting account sharing, securing cryptocurrency exchanges, building paywalls, and restricting access for bad actors in online gaming and gambling.
8. Fingerprint offers integrations with popular third-party services like Cloudflare, Segment, CloudFront, and more. It also partners with software vendors to generate additional value for customers.
9. The funding will enable Fingerprint to accelerate adoption within larger enterprise customers, develop new tools, and tackle complex challenges in device identification.
10. Fingerprint is trusted by over 6,000 companies worldwide, including 16% of the top 500 websites.
11. Nexus Venture Partners, a venture capital firm, actively supports Fingerprint and other product-first companies in building successful businesses.
For more information on Fingerprint device intelligence, visit fingerprint.com.