FRISS
Utrecht, Netherlands
How FRISS hit $5.8M revenue with a 215 person team in 2023.
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.
2006
Founded
$5.8M
2023 Revenue
16.5%
YOY
$106.9M
Funding
FRISS Revenue
In 2023, FRISS revenue run rate hit $5.8M in revenue.
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2023
FRISS hit $5.8M in revenue in 2023
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2021
FRISS hit $4.3M in revenue in 2021
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2021
FRISS hit $4.9M in revenue in 2021
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2006
FRISS launched in 2006 with $0 revenue
FRISS Funding History
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2021 Series B
FRISS raised a Series B of in November, 2021
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2021 Series B
FRISS raised a Series B of in July, 2021
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2017 Series A
FRISS raised a Series A of in December, 2017
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2017
FRISS raised a of in December, 2017
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2017 Venture Round
FRISS raised a Venture Round of in December, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 02 2021 | Series B | ||
| July, 28 2021 | Series B | ||
| December, 12 2017 | Series A | ||
| December, 12 2017 | |||
| December, 12 2017 | Venture Round |
Team
FRISS has 215 total employees and 15 sales reps that carry a quota. an engineering team of 33 and a marketing team of 6.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 215 |
| Engineer | 33 (15%) |
| Sales | 15 (7%) |
| Marketing | 6 (3%) |
Founder / CEO
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.
Q&A
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Customers
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FRISS Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jeroen Morrenhof | CEO | [email protected] | - |
FRISS Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Jeroen Morrenhof | CEO | [email protected] | - |
Frequently Asked Questions about FRISS
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When was FRISS founded?
FRISS was founded in 2006.
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How much revenue does FRISS generate?
FRISS generates $5.8M in revenue.
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Who is the CEO of FRISS
The CEO of FRISS is Jeroen Morrenhof.
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How much funding does FRISS have?
FRISS raised $106.9M.
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How many employees does FRISS have?
FRISS has 215 employees.
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Where is FRISS headquarters?
FRISS is headquartered at Utrecht, Netherlands
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