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How FRISS CEO Jeroen Morrenhof grew FRISS to $7.3M revenue with a 199 person team in 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.

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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.

FRISS Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M2006200820102012201420162018202020222024$0$4M$7MSource: GetLatka.com
YearMilestone
2024FRISS Hit $7.3m revenue in October 2024
2023FRISS Hit $5.8m revenue in October 2023
2021FRISS Hit $4.3m revenue in July 2021
2021FRISS Hit $4.9m revenue in April 2021
2006Launched 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.

FRISS Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$25M$50M$75M$100M$125M2006200820102012201420162018202020212006 cumulative: $0 • 2006 Founded: $02017 cumulative: $18M • 2006 Founded: $0 • 2017 Series A: $18M2017 cumulative: $36M • 2006 Founded: $0 • 2017 Series A: $18M • 2017 Funding round: $18M2021 cumulative: $101M • 2006 Founded: $0 • 2017 Series A: $18M • 2017 Funding round: $18M • 2021 Series B: $65M2021 cumulative: $107M • 2006 Founded: $0 • 2017 Series A: $18M • 2017 Funding round: $18M • 2021 Series B: $65M • 2021 Series B: $6M$107M2006 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series B$6M--
2021Series B$64.9M--
2017Series A$17.8M--
2017Funding round$18.3M--

FRISS Employees & Team Size

FRISS employs approximately 199 people as of 2026, down from 215 in 2023.

FRISS has 199 total employees in different roles and functions and 15 sales reps that carry a quota.

FRISS Team GrowthReported headcount over time050100150200250200620082010201220142016201820202022202400199199Source: GetLatka.com
YearMilestone
2024Reached 199 employees (December 2024)
2024Reached 215 employees (October 2024)
2023Reached 215 employees (October 2023)
2022Reached 236 employees (October 2022)
2021Reached 219 employees (December 2021)
2021Reached 162 employees (July 2021)
2021Reached 144 employees (April 2021)

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.

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Customers

We do not have customer count information for FRISS yet.

Frequently Asked Questions about FRISS

What is FRISS's revenue?

FRISS generates $7.3M in 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.

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.

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 .

FRISS Revenue 2024: $7.3M ARR, $106.9M Raised