Fingerprint Raises $33 mn in Series C Funding from Nexus, Uncorrelated Ventures
₹274.7 crore) in a Series C funding round, led by existing investor Nexus Venture Partners. The round also saw participation from California-based early-stage investor Uncorrelated Ventures. The Chicago-based company will use the proceeds to accelerate adoption within larger enterprise customers.
It will also use the funds to build its technology stack and improve its product capabilities. In 2021, Fingerprint had raised $32 million in its series B funding round. The round was led by Craft Ventures and saw participation from Nexus Venture Partners and Uncorrelated Ventures.
The company has raised a cumulative $77 million till date. Founded in 2019, Fingerprint is a device intelligence platform that enables companies to prevent fraud and improve user experiences. Fingerprint processes almost 100 signals from the browser, device, and network to generate a stable and persistent unique visitor identifier that can be used to understand visitor behavior.
Fingerprint aids developers in building device identification with flexible application programming interfaces (APIs) capable of identifying fraudsters while ensuring low-friction experiences for users. "Fingerprint solves the challenge of sophisticated attacks from online fraudsters for companies by enabling accurate device identification and providing additional signals to inform visitor intent without inconveniencing legitimate users," said Dan Pinto, co-founder and chief executive officer, Fingerprint. It claims to be working with around 6,000 companies worldwide.
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