Precognitive company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

precognitive.io

Founded Year

2016

Stage

Acquired | Acquired

Total Raised

$1.25M

About Precognitive

Precognitive is a cloud-based fraud prevention app that analyzes multiple parts of a user's interaction with an online service to identify suspicious behavior before fraud happens, through its three core technologies: Adaptive-ID, Precog-BA, and Decision-AI. Through a device intelligence and tracking solution, a behavioral analytics solution, and a decision engine, its tech assesses devices and connections for risk when they connect to a website or mobile app, analyzes behavior and biometric signals that could indicate unusual user behavior, and provides an "allow" or "reject" for events that pose a risk, such as login or purchase.

Precognitive Headquarter Location

227 West Monroe Street Suite 5200

Chicago, Illinois, 60606,

United States

312-600-0836

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Precognitive

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

Precognitive is included in 2 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

8,717 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

C

Cybersecurity

4,902 items

Latest Precognitive News

ShopRunner Gets UPS Investment, Acquires Precognitive

Jan 24, 2019

Online shopping network ShopRunner  has had a big week. First, it announced an investment from UPS which will allow both companies to boost their retailer demand generation programs, while giving UPS My Choice members a strong shopping platform. “UPS shares our commitment to meeting the growing demand of shoppers for faster shipping and more control of their deliveries,” Michael Rubin, chairman of ShopRunner, said in a press release . “The addition of UPS to our roster of investors only strengthens our collaboration around creating innovative products and services for both our consumers and retail partners.” In addition, ShopRunner announced it has acquired Precognitive , a solution that combines device intelligence, advanced behavioral analytics, and a real-time decision engine to enable companies to more accurately identify online fraud. “We see over 100 million devices per month across our network,” said Sam Yagan, CEO of ShopRunner. “Aggregating that scale for the benefit of each of our retailers represents yet another manifestation of our fundamental thesis that our partners can each benefit from the combined reach of the ShopRunner network. Precognitive equips our partners with industry-leading algorithms to detect and combat online fraud and account takeover issues taking a toll on their e-commerce revenue and interfering with their ability to offer a seamless and safe shopping experience for customers.” This deal follows ShopRunner’s recent acquisition of mobile app Spring. ShopRunner will provide Precognitive’s product to its network of retailers. In 2018, ShopRunner members spent over $2 billion in the eCommerce network. “Joining forces with ShopRunner expands the breadth of our data intelligence network. Our collective clients from retail, travel, banking, and digital services have an unprecedented global vantage point to detect sophisticated cybercrime trends as they emerge,” added Sam Bouso, CEO of Precognitive. “ShopRunner’s investment in our product will allow us to accelerate development and grow operations to meet demand.” ——————————–

  • When was Precognitive founded?

    Precognitive was founded in 2016.

  • Where is Precognitive's headquarters?

    Precognitive's headquarters is located at 227 West Monroe Street, Chicago.

  • What is Precognitive's latest funding round?

    Precognitive's latest funding round is Acquired.

  • How much did Precognitive raise?

    Precognitive raised a total of $1.25M.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.