Fraud.net
2024 Revenue
$5.5M
Funding
$0
YOY
83.3%
Team
37
Founded
2016
How Fraud.net CEO Whitney Anderson grew Fraud.net to $5.5M revenue with a 37 person team in 2024.
Fraud.net is an AI-native, cloud-based fraud prevention and risk management platform, designed for Payments, Financial Services, Fintechs, and Commerce. It offers end-to-end risk intelligence using entity screening, entity monitoring, and real-time transaction monitoring. Powered by machine learning, a no-code rules engine, and a Global Anti-Fraud Network, Fraud.net enables organizations to detect and prevent fraud, reduce false positives, streamline case management, and ensure compliance efficiently.
Last updated
Fraud.net Revenue
In 2024, Fraud.net's revenue reached $5.5M. The company previously reported $3M in 2023. Since its launch in 2016, Fraud.net has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Fraud.net Hit $5.5m revenue in October 2024 |
| 2023 | Fraud.net Hit $3m revenue in October 2023 |
| 2021 | Fraud.net Hit $1.7m revenue in April 2021 |
| 2016 | Launched with $0 revenue |
Fraud.net Valuation, Funding Rounds
Fraud.net is a bootstrapped E-commerce Fraud Protection Software startup. Founded in 2016, Fraud.net has grown to $5.5M in revenue without raising any venture capital or outside funding.
As a self-funded E-commerce Fraud Protection Software SaaS company, Fraud.net has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Fraud.net Employees & Team Size
Fraud.net employs approximately 37 people as of 2026, up from 32 in 2021.
Fraud.net has 37 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2022 | Reached 37 employees (October 2022) |
| 2021 | Reached 32 employees (December 2021) |
| 2021 | Reached 21 employees (April 2021) |
Founder / CEO
Whitney Anderson
Whitney Anderson is the Co-Founder, CEO at Fraud.net. Entrepreneurial CEO with over 25 years of experience in technology, digital commerce, applied AI/machine learning, and problem-solving. Passionate about building fast-growth companies and driving game-changing value for large organizations. In the coming decade, a 'top 3' enterprise risk (often existential) is fraud, which now consumes 5% of global revenues (over $2 trillion per year). If you a) run an enterprise with a risk-related problem to solve, b) are looking for a career in advanced anti-fraud tech, or c) offer an anti-fraud product or service that you would like to plug into our platform, please contact me and I'd love to learn more.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Fraud.net yet.
Frequently Asked Questions about Fraud.net
What is Fraud.net's revenue?
Fraud.net generates $5.5M in revenue.
Who founded Fraud.net?
Fraud.net was founded by Whitney Anderson.
Who is the CEO of Fraud.net?
The CEO of Fraud.net is Whitney Anderson.
How much funding does Fraud.net have?
Fraud.net raised $0.
How many employees does Fraud.net have?
Fraud.net has 37 employees.
Where is Fraud.net headquarters?
Fraud.net is headquartered in New York, New York, United States.
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Compare Fraud.net to the industry
Fraud.net operates across multiple industries. Browse revenue, funding, and growth data for Fraud.net in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .