Simility offers real-time risk & fraud decisioning solutions to protect global businesses. Simility’s Adaptive Decisioning Platform was built to deliver continuous risk assurance & help businesses orchestrate complex decisions. Learn more at simility.co
Location: United States, California, Palo Alto
Employees: 51-200
Total raised: $28.15M
Founded date: 2014
Investors 3
Funding Rounds 4
| Date | Series | Amount | Investors |
| 12.12.2017 | Series B | $17.5M | Accel Part... |
| 23.06.2016 | - | $1.5M | - |
| 23.10.2015 | Seed | $5.7M | - |
| 25.08.2015 | Seed | $3.45M | - |
Mentions in press and media 19
| Date | Title | Description |
| 25.06.2018 | PayPal Buys Fraud Prevention & Risk Management Company Simility | PayPal Holdings, Inc. (NASDAQ: PYPL) acquired Simility, a Palo Alto, CA-based fraud prevention & risk management company. The amout of the deal was $120m USD in cash, subject to certain adjustments. The acquisition, part of a concerted ... |
| 22.06.2018 | Term Sheet — Friday, June 22 | SUMMER READING Good morning, Term Sheet readers. Paid Content What you need to know about growing cyberattacks From ExtraHop • M&A momentum continues: Mega-deals are here to stay. The number of deals north of $5 billion is on pace to do... |
| 21.06.2018 | PayPal to acquire machine learning-powered fraud detection startup Simility for $120 million | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. PayPal has acquired its second startup in as many days, as the payments giant announced today that it was snapping up machine learning-... |
| 21.06.2018 | PayPal to acquire machine learning-powered fraud detection startup Simility for $120 million | PayPal has acquired its second startup in as many days, as the payments giant announced today that it was snapping up machine learning-powered fraud detection startup Simility. The transaction is valued at $120 million, in what will be an a... |
| 21.06.2018 | PayPal to buy Simility, a specialist in AI-based fraud and risk management, for $120M | Payment provider PayPal continues apace with its acquisitions streak to bring more modern tools into its platform to serve its 237 million customers. Today the company announced that it is buying Simility, a fraud prevention specialist, for... |
| 14.12.2017 | Simility adds PayPal as investor in $17.5m funding round | Fraud and risk management firm Simility locked in $17.5 million in new funding. The Series B was led by Accel and featured an investment from fellow Finovate alum, PayPal, reports David Penn at Finovate (Banking Technology‘s sister company)... |
| 12.12.2017 | Term Sheet — Tuesday, December 12 | 2018 CRYSTAL BALL Good morning, Term Sheet readers. Paid Content You can't secure what you can't see From ExtraHop Reply to this email with a one or two-sentence answer to the question: “What’s your top business-related prediction for 2018?... |
| 12.12.2017 | Simility Secures $17.5M in Funding | Simility, a Palo Alto, CA-based provider of a machine learning–powered adaptive fraud prevention solution, secured $17.5M in funding. The round, which brings funding total to date to $25m, was led by Accel, with participation from PayPal, T... |
| 12.12.2017 | Simility Raises $17.5M | PALO ALTO, CA, Simility, provider of a machine learning-powered adaptive fraud prevention solution, today announced it has secured $17.5M in its latest funding round to keep pace with explosive company growth. >> Click here for mor... |
| 12.12.2017 | Fraud detection startup Simility raises $17.5 million from Accel, PayPal, others | Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn more. Simility, which develops a fraud detection platform that uses machine learning, has announced a $17.5 million round of funding led by A... |
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