2024 Revenue
$7.3M(Est.)
Funding
$106.9M
Team
199
Founded
2006
FRISS Revenue & Funding (2024)
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.
Last updated
FRISS Revenue
In 2024, FRISS's revenue reached $7.3M. The company previously reported $5.8M in 2023. Since its launch in 2006, FRISS has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | FRISS Hit $7.3m revenue in October 2024 | Estimated |
| 2023 | FRISS Hit $5.8m revenue in October 2023 | Estimated |
| 2021 | FRISS Hit $4.3m revenue in July 2021 | |
| 2006 | Launched with $0 revenue |
FRISS Valuation, Funding Rounds
FRISS has not publicly disclosed its valuation. The company has raised $106.9M in total funding to date.
FRISS has raised $106.9M in total funding across 4 rounds, most recently a $6M Series B round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2021 | Series B | $6M | - | - | |
| 2021 | Series B | $64.9M | - | - | |
| 2017 | Series A | $17.8M | - | - | |
| 2017 | Funding round | $18.3M | - | - |
Founder / CEO
Jeroen Morrenhof
CEO
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
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| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for FRISS yet.
FRISS Employees & Team Size
FRISS employs approximately 199 people as of 2026, down from 215 in 2023, including 15 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 199 employees (December 2024) | |
| 2024 | Reached 215 employees (October 2024) | |
| 2023 | Reached 215 employees (October 2023) | |
| 2022 | Reached 236 employees (October 2022) | |
| 2021 | Reached 219 employees (December 2021) | |
| 2021 | Reached 162 employees (July 2021) | |
| 2021 | Reached 144 employees (April 2021) |
Frequently Asked Questions about FRISS
What is FRISS's revenue?
FRISS generates an estimated $7.3M in annual revenue.
Who founded FRISS?
FRISS was founded by Jeroen Morrenhof.
Who is the CEO of FRISS?
The CEO of FRISS is Jeroen Morrenhof.
How much funding does FRISS have?
FRISS raised $106.9M across 4 rounds.
How many employees does FRISS have?
FRISS has 199 employees.
Where is FRISS headquarters?
FRISS is headquartered in Utrecht, Netherlands.
Compare FRISS to the industry
FRISS operates across multiple industries. Browse revenue, funding, and growth data for FRISS in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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