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INTERNET | Internet Software & Services / Monitoring & Security
confyrm.com

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Founded Year

2013

Stage

Acquired | Acquired

About Confyrm

Confyrm provides an online service that delivers identity security alerts to reduce fraud and detect threats at dependant business services in an identity ecosystem, while protecting the privacy of individual consumers and company brands. The Confyrm Event Warning Service (CEWS) restores trust by sharing privacy-preserving identity alerts between services, providing for early detection and resolution of digital identity risks.

Confyrm Headquarter Location

San Francisco, California,

United States

Latest Confyrm News

Capital One buys digital identity startup Confyrm

May 14, 2018

Monday 14 May 2018 | 12:40 PM CET Capital One has acquired Confyrm , a US-based digital identity and fraud alert startup, to speed its development and implementation of consumer identity services at scale. Deal terms regarding the Capital One acquisition were not being shared, but Confyrm had previously raised USD 1.2 million, TechCrunch cited Crunchbase, which attributes the funding to a grant. (Another source states the grant was for USD 2.4 million, however). The startup, founded in 2013, aims to reduce online fraud and to make the internet a safer place for everyone engaged in it, by restoring trust in digital identities via its services. Confyrm created a system to offer early notifications of suspicious account activity, in order to mitigate the impact of fraud or account theft for identity providers and consumers alike. The system also uses privacy-enhancing mechanisms to protect the identities of the individual consumers and the event publishers. Over the past several years, Capital One has acquired other early stage startups such as mobile savings startup BankOns, local business directory Bundle, budgeting app Level Money, and more, to fuel its company with fresh talent and unique IP.

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Expert Collections containing Confyrm

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Confyrm is included in 3 Expert Collections, including Payments.

P

Payments

1,483 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

C

Cybersecurity

4,596 items

F

Fintech

6,974 items

US-based companies

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