2024 Revenue
$3.1M(Est.)
Team
23
Founded
2010
FRS Labs Revenue (2024)
FRS Labs generated an estimated $3.1M in annual revenue in 2024. Source: GetLatka estimate
Developer of a cybersecurity software designed to facilitate identity verification and fraud prevention using biometrics and artificial intelligence. The company's cloud based fraud detection software combines artificial intelligence and customer's real-time biometrics data to verify their identity and sends instant alerts and emails notifying of abnormal access, enabling banks, insurance and telecom businesses to use biometrics as an additional factor of authentication for digital transactions.
Last updated
FRS Labs Revenue
In 2024, FRS Labs's revenue reached $3.1M. The company previously reported $2.1M in 2023. Since its launch in 2010, FRS Labs has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | FRS Labs Hit $3.1m revenue in October 2024 | Estimated |
| 2023 | FRS Labs Hit $2.1m revenue in October 2023 | Estimated |
| 2021 | FRS Labs Hit $1.6m revenue in April 2021 | Not recorded |
| 2010 | Launched with $0 revenue |
Founder / CEO
FRS Labs Employees & Team Size
FRS Labs employs approximately 23 people as of 2026, including 5 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 23 employees (October 2024) | Not recorded |
| 2023 | Reached 23 employees (October 2023) | Not recorded |
| 2022 | Reached 21 employees (October 2022) | Not recorded |
| 2021 | Reached 21 employees (December 2021) | Not recorded |
| 2021 | Reached 20 employees (April 2021) | Not recorded |
Frequently Asked Questions about FRS Labs
What is FRS Labs's revenue?
As of 2024, FRS Labs generated an estimated $3.1M in annual revenue.
Who founded FRS Labs?
FRS Labs was founded by Shankar Palaniandy.
When was FRS Labs founded?
FRS Labs was founded in 2010.
Who is the CEO of FRS Labs?
The CEO of FRS Labs is Shankar Palaniandy.
How many employees does FRS Labs have?
As of 2024, FRS Labs had 23 employees.
Where is FRS Labs headquartered?
FRS Labs is headquartered in Bengaluru, Karnataka, India.
Compare FRS Labs to the industry
FRS Labs operates across multiple industries. Browse revenue, funding, and growth data for FRS Labs 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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