Simility

OverviewSuggest Edit

Simility is a company that develops fraud prevention technology. It offers Adaptive Decisioning Platform that helps companies prevent fraud and abuse in real-time. By combining artificial intelligence (AI) and big data analytics the platform helps businesses orchestrate complex decisions to reduce friction, improve trust, and solve fraud problems.

TypePrivate
Founded2014
HQPalo Alto, CA, US
Websitesimility.com
Employee Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2021)36(-10%)
Cybersecurity ratingCMore

Key People/Management at Simility

Rahul Pangam

Rahul Pangam

VP, Risk Strategy
Tushar Shah

Tushar Shah

VP Enterprise Services Platform at PayPal
Kedar Samant

Kedar Samant

Senior Director, Risk Platform
Uttam Phalnikar

Uttam Phalnikar

Senior Director, Risk Architecture
Mick Martin

Mick Martin

Director, Outside Sales
Eric Newman

Eric Newman

Director, Outside Sales
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Simility Office Locations

Simility has offices in Palo Alto, San Jose, Sao Paulo, Hyderabad and in 1 other location
Palo Alto, CA, US (HQ)
Fortuna Building, 430 Sherman Ave #212
Palo Alto, CA, US
250 Cambridge Ave #201
San Jose, CA, US
2211 N 1st St
Sao Paulo, BR
Alameda Rio Negro, 503 - 11º Andar conj.1118 - Alphaville Industrial
Hyderabad, IN
5th floor, Hi-Tech City, Whitefields, Kondapur
Amsterdam, NL
Barbara Strozzilaan 201
Show all (6)

Simility Financials and Metrics

Summary Metrics

Founding Date

2014

Simility total Funding

$24.7 m

Simility latest funding size

$17.5 m

Time since last funding

4 years ago

Simility investors

Simility's latest funding round in December 2017 was reported to be $17.5 m. In total, Simility has raised $24.7 m
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Simility Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Simility Online and Social Media Presence

Embed Graph

Simility Company Culture

  • Overall Culture

    A+

    97/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Simility News and Updates

Simility raises $17.5M round led by Accel for its fraud-fighting AI

For a bank or a retailer that processes upwards of tens of thousands of transactions a day, spotting fraudulent activity can be tricky to say the least. Simility Inc. wants to help. The three-year-old fraud detection startup today announced that it has raised a $17.5 million funding round led by ven…

Fraud detection startup Simility raises $17.5 million from Accel, PayPal, others

Simility, which develops a fraud detection platform that uses machine learning, has announced a $17.5 million round of funding led by Accel, with participation from new strategic investor PayPal. Existing investors The Valley Fund and Trinity Ventures also contributed. Founded in 2014, Palo Alto-bas…

Simility lands $17.5 mln in Accel-led round

Palo Alto, California-based Simility, a provider of fraud prevention solutions, has raised $17.5 million in funding. Accel led the round with participation from PayPal Inc, The Valley Fund and Trinity Ventures.

Simility Blogs

Back to School Means More Online Fraud Risk

The back-to-school period is always a tense time for parents and their children. Making it more stressful still are online scammers, who will do anything they can to capitalize on busy shopping periods and student loan requirements to generate illicit funds. They’ve done a pretty good job over the y…

ML Dashboards: Driving Insight From AI-Powered Fraud Analytics

Machine learning (ML) sits at the heart of advanced fraud prevention platforms like Simility, a PayPal Service. But there’s a difference between boasting of the technology on a specs sheet and delivering it in a meaningful way for users. Data scientists and in-house fraud teams are in short supply t…

How Feature Engineering And Feature Selection Support Machine Learning-Powered Fraud Prevention

Machine learning (ML) is a critical application of artificial intelligence (AI) used by Simility, a PayPal service, to help beat the fraudsters. The powerful algorithms we design can spot even the most sophisticated fraud attempts and are continually evolving to optimize detection, even as fraud pat…

Data-Driven Fraud Prevention Starts With a Data Lake

Data lakes can play a prime role in driving competitive advantages as part of machine learning-powered fraud decisioning. Data is the fuel that powers modern business. And when it comes to online fraud, it’s highly sought after by both scammers and in-house risk teams. The quality and variety of dat…

How to Stop Account Takeover Attacks in Their Tracks

Twenty-first century consumers live much of their lives online. To do so, they open accounts with a variety of internet-based companies — everything from banks, insurers, and social media providers to e-commerce stores. This makes life easier, with card details, loyalty points and personal informati…

Overcoming The Challenge Of Bias And Discrimination In Machine Learning

After Phillip Alston, UN rapporteur on poverty and human rights, presented his report to the UN a few weeks ago, the machine learning (ML) community sat up and took notice. In his report, Alston pointed out how new technologies revolutionize the interaction between governments and... The post Overco…
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Simility Frequently Asked Questions

  • When was Simility founded?

    Simility was founded in 2014.

  • Who are Simility key executives?

    Simility's key executives are Rahul Pangam, Tushar Shah and Kedar Samant.

  • How many employees does Simility have?

    Simility has 36 employees.

  • Who are Simility competitors?

    Competitors of Simility include Chainalysis, Securonix and Signifyd.

  • Where is Simility headquarters?

    Simility headquarters is located at Fortuna Building, 430 Sherman Ave #212, Palo Alto.

  • Where are Simility offices?

    Simility has offices in Palo Alto, San Jose, Sao Paulo, Hyderabad and in 1 other location.

  • How many offices does Simility have?

    Simility has 6 offices.