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, USMap
Websitesimility.com
Employee Ratings4.1More
Culture scoreA+More

Recent NewsAll News

Latest Updates

Employees (est.) (Jun 2020)61(+6%)

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, Sao Paulo, Hyderabad and Amsterdam
Palo Alto, US (HQ)
2555 Park Blvd #27
Sao Paulo, BR
Alameda Rio Negro, 503 - 11º Andar conj.1118 - Alphaville Industrial
Hyderabad, IN
Western Aqua 4th Floor Plot Nos. 1, 2, 3 and 4/Part in Survey No. 8 Kondapur Village
Amsterdam, NL
Barbara Strozzilaan 201
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Simility Financials and Metrics

Summary Metrics

Founding Date

2014

Simility total Funding

$24.7 m

Simility latest funding size

$17.50 m

Time since last funding

2 years ago

Simility investors

Accel Partners, Trinity Ventures, PayPal, The Valley Fund
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 Online and Social Media Presence

Simility's Trends

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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

December 12, 2017

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…
December 12, 2017

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…
December 12, 2017

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

December 19, 2019

What Fraud Will Look Like In 2020: Get Set For Another Crucial Year

Over the past 12 months we’ve seen online fraud continue to evolve. E-commerce merchants, financial institutions and other organizations are pushing ahead with efforts to streamline business processes and deliver seamless customer experiences. But these initiatives continue to provide new opportunit…
December 11, 2019

Online Fraud is Getting Smarter: Firms Must Respond in Kind with Behavior-Based Tools

Digital transformation initiatives across the globe are generating billions of dollars, with the analytics segment alone expected to reach an estimated $74 billion this year. But while organizations focus on getting closer to their customers with innovative new services, and streamlining business pr…
December 03, 2019

Going Mobile: How Businesses Can Meet Customer Demands While Keeping Fraud At Bay

The mobile economy is surging. as customers increasingly demand more seamless omnichannel experiences allowing them to jump between multiple devices, fraudsters are also exploiting new opportunities. For businesses keen to drive customer loyalty and profits, there’s too often a trade-off between low…
November 20, 2019

New Info-Stealers Highlight Rising Fraud Risk For Retailers This Cyber Monday

Global fraud is the enemy of the digital retailer. It eats into margins, slashes profits and threatens to undermine hard-won customer loyalty. As online merchants gear up for the crucial holiday season sales period, there is reason to be concerned. The post New Info-Stealers Highlight Rising Fraud R…
November 13, 2019

The Holiday Season Is Coming … And So Are the Online Fraudsters

With summer a distant memory and the kids back in school, it’s time to look ahead to the last few months of 2019. For retailers and many other businesses this will mean preparations in earnest for the busy holiday season. Stretching from Thanksgiving and across the Black... The post The Holiday Seas…
November 07, 2019

How Machine Learning Can Unlock Value For Fraud And Risk Professionals

At Simility, we often talk about the need for machine learning-powered systems to combat a new wave of sophisticated digital fraud. But what exactly is machine learning – and how can it be leveraged to provide an advantage over legacy rule-based tools? Tapping the Power... The post How Machine Learn…
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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 61 employees.

  • Who are Simility competitors?

    Competitors of Simility include Securonix, Signifyd and Forter.

  • Where is Simility headquarters?

    Simility headquarters is located at 2555 Park Blvd #27, Palo Alto.

  • Where are Simility offices?

    Simility has offices in Palo Alto, Sao Paulo, Hyderabad and Amsterdam.

  • How many offices does Simility have?

    Simility has 4 offices.