FinovateFall 2021 / Arkose Labs
Presenter Profile:
How they describe themselves: Arkose Labs bankrupts the business model of fraud. It offers an Industry-First Credential Stuffing $1M Warranty. Recognized as a 2021 Cyber Defense Magazine “Hot Company in Fraud Prevention”, its innovative approach determines true user intent and remediates attacks in real time. Risk assessments combined with interactive authentication challenges undermine the ROI behind attacks, providing long-term protection while improving good customer throughput. Arkose Labs is based in San Francisco, Calif., with offices in Brisbane, Australia and London, UK.
How they describe their product/innovation: Fraud and Abuse Prevention Platform: The Arkose Labs platform is designed to break down the business model of fraud by sapping attackers’ time and resources until attacks become financially non-viable. Achieving this in a way that does not negatively affect good customers requires an intelligent mix of real-time risk decisioning with next-generation enforcement challenges.
Product distribution strategy: Direct to Business (B2B)
Contacts
Bus. Dev.: Richard Dufty, CRO, r.dufty@arkoselabs.com
Press: Paul Wilke, Upright Communications, paul@uprightcomms.com, 415-215-8750
Website: arkoselabs.com
LinkedIn: linkedin.com/company/arkoselabs
Twitter: @ArkoseLabs
HQ: San Francisco, CA
Founded: 2017
Product Demoed: Arkose Labs Fraud and Abuse Prevention Platform
Metrics: Funding: $114M, Headcount: 170
Presenter: Tiffany Nguyen (Threat Researcher)
- Key Executives
Kevin Gosschalk (CEO & Founder), Vanita Pandey (CMO), Richard Dufty (CRO), Patrice Boffa (CCO), Mark Resnick (COO & CFO), Ashish Jain (CPO), Phil Steffora (CSO), Joe Hsy (CTO)
Key Stats
- Key Board Members
Kevin Gosschalk (CEO & Founder), Dafina Toncheva, James Wu (Principal, M12 – Microsoft’s Venture Fund), Reed Taussig (Outseer), Jeremiah Grossman (CEO, Bit Discovery), Nagraj Kashyap (Managing Partner, SBIA), John Westcott (Director, SoftBank Investment Advisers)
- Key Investors
SoftBank, PayPal, M12, Wells Fargo, USVP, Sony Innovation Fund
- Key Advisory Board Members
Peggy Mangot (Operating Partner, PayPal Ventures), Matt Thomlinson (SVP & CISO, Electronic Arts), Steve King (Strategic Advisor), Lars Leckie (MD, Aspenwood Ventures)
- Key Customers
Microsoft, PayPal, Electronic Arts, Roblox, Singapore Airlines, Sony Interactive, Dropbox