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FRISS revenue is $4.3 million

FRISS team size is 162 employees


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FRISS

- Bath, England, United Kingdom

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How FRISS hit $4.3M Revenue

Developer of a ready-to-use fraudulence detecting software designed to detect risk, eliminate fraud and secure compliance. The company's fraudulence detecting software uses proprietary analytics and indexes to mitigate risk for any application, policy or claim and delivers the FRISS Score, a risk indication, enabling businesses to detect and eliminate fraudulence and insurance risks, thereby improving decisions on quotations, policies and claims across all private and commercial lines.

Founded

2006

Founded

Revenue

$4.3M

2022 Revenue

YOY
-----

YOY

Funding

$106.9M

Funding


FRISS Revenue

In 2022, FRISS revenue run rate hit $4.3M in revenue.

  • 2021

    FRISS hit $4.3M in revenue in 2021

  • 2021

    FRISS hit $4.9M in revenue in 2021

  • 2006

    FRISS launched in 2006 with $0 revenue

-12.00% ▼$4.9M$4.3M

FRISS Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021 Series B

    FRISS raised a Series B of $6M

  • 2021 Series B

    FRISS raised a Series B of $64.9M

  • 2017 Series A

    FRISS raised a Series A of $17.8M

  • 2017

    FRISS raised a of $18.3M

FUNDING DATEROUNDAMOUNTVALUATION
11/02/2021 Series B $6M
07/28/2021 Series B $64.9M
12/12/2017 Series A $17.8M
12/12/2017 $18.3M

Team

FRISS has 162 total employees and 15 sales reps that carry a quota.

2021
DISTRIBUTIONQTY
Total team size
162
Engineer
33(20%)
Sales
15(9%)
Marketing
6(4%)

CEO/Founder

Jeroen Morrenhof

My name is Jeroen Morrenhof and I work with a great group of people to provide an innovative SaaS solution in the InsurTech space. At FRISS we support insurers to - Generate profitable growth with an effective and efficient u/w process - Prevent and detect fraudulent claims and therefore reduce loss ratio - Be and Stay compliant with all regulations regarding KYC, CDD and determining UBO, and - Support an effective investigation process. As the CEO of the company I am privileged to lead FRISS in the direction of our BHAG: “In 2025 the FRISS Score© is the global trusted standard for honest insurance”. My daily job has various roles, I am recruiter (we are always hiring), salesperson (we are striving to become the world market leader), firefighter (growing fast comes with pains), customer support champion (we strive to be notably appreciated by our customers) and decider (sometimes I will make the final call when no one else will or can). Get in touch with us today for a short introduction and understanding on how FRISS is supporting over 50 insurers across the globe with the questions above and how we can help you to be up and running in 8 to 12 weeks and have a return on investment within 12 months. Personal note: I love to work out. This can be training for a triathlon or trying to win a soccer match with my team at Sporting Martinus. Beside that I love to spend time with my family (three kids) and a great wife that are a great support in running my business. The time we have left is spend by travelling the globe. Key words (background): entrepreneur, founder, management consultant, computer scientist, change agent, insurance expert, claims, fraud, underwriting, investor, start-up mentor. Key words (character): extrovert, enthusiastic, communicative, dynamic, thrives on pressure and has the drive to mobilize people.

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Customers

FRISS has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

FRISS has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About FRISS

Monthly Revenue

$361.7K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


FRISS Board of Directors

NamePosition

FRISS Executives

NamePosition
Jeroen Morrenhof CEO

FRISS Employees

NamePosition
Jeroen Morrenhof CEO

Frequently Asked Questions about FRISS

When was FRISS founded?

FRISS was founded in 2006.

How much revenue does FRISS generate?

FRISS generates $4.3M in revenue.

Who is the CEO of FRISS?

The CEO of FRISS is Jeroen Morrenhof.

How much funding does FRISS have?

FRISS was raised $106.9M.

How many employees does FRISS have?

FRISS has raised 162 employees.

Where is FRISS headquarters?

FRISS headquater is at United Kingdom