FRISS logo
Founded 2006

FRISS

2021 Revenue

$4.9M

YOY

Funding

$100.9M

How FRISS hit $4.3M in Revenue.

About FRISS

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.

Monthly Revenue

$361.7K

$47.4K (0.00%)
Total Expenses

$361.7K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

BathEnglandUnited Kingdom
Website

friss.com

$Funding$Revenue

FRISS Revenue

In 2021, FRISS revenue run rate hit $4.9M in revenue.

-12.00%▼$4.9M$4.3M

FRISS Valuation and Funding History

FRISS has raised a total of $100.9M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
07/28/2021Series B$64.9M
12/12/2017Series A$17.8M
12/12/2017$18.3M

Customers

FRISS has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

FRISS has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

FRISS has 162 employees. They have 15 sales reps that carry a quota They have an engineering team of 33. and a marketing team of 6.

2021
DistributionQty

Total Team Size

162

Engineers

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.


CEO Q&A

What's your age?

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Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about FRISS

When was FRISS founded?

FRISS was founded in 2006.


Who is the CEO of FRISS?

The CEO of FRISS is Jeroen Morrenhof


How many employees does FRISS have?

FRISS has 162 employees.

How much revenue does FRISS generate?

FRISS generates $4.9M in revenue.


How much funding does FRISS have?

FRISS has raised $100.9M.


Where is FRISS headquarters?

FRISS is headquartered at BathEnglandUnited Kingdom

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