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.
| Type | Private | |
| Founded | 2014 | |
| HQ | Palo Alto, CA, US | Map |
| Website | simility.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Latest Updates
| Employees (est.) (Apr 2022) | 29 | (-12%) |
| Cybersecurity rating | C | More |
Key People/Management at Simility
Rahul Pangam
VP, Risk Strategy
Tushar Shah
VP Enterprise Services Platform at PayPal
Kedar Samant
Senior Director, Risk Platform
Uttam Phalnikar
Senior Director, Risk Architecture
Mick Martin
Director, Outside Sales
Eric Newman
Director, Outside Sales
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
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 | 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
Simility Cybersecurity Score
Simility Online and Social Media Presence
1.25k Twitter followers
Simility has 1.25k Twitter Followers. The number of followers has decreased 0.4% month over month and decreased 0.3% quarter over quarter
Simility's Trends
Simility Company Culture
Overall Culture
A+
97/100
CEO Rating
A+
100/100
Compensation
A+
100/100
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
September 23, 2020
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…
August 26, 2020
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…
July 08, 2020
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…
May 21, 2020
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…
February 25, 2020
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…
January 30, 2020
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…
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 29 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.
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