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How NoFraud CEO Scott Gifis grew NoFraud to $10.3M revenue with a 94 person team in 2025.

At NoFraud, we know that preventing fraud isn’t just about avoiding losses but elevating customer experiences. NoFraud is an eCommerce fraud prevention and checkout solution that protects businesses from fraudsters, eliminates chargeback losses, and provides smoother, more frictionless checkout experiences for trusted shoppers. NoFraud integrates directly with your eCommerce platform to scan every order for signs of fraud in real-time. We use a combination of powerful algorithms and proactive human review to provide a simple pass or fail decision for every transaction, so you never need to manually review orders or monitor fraud scores. We’re so confident in our decision-making that we provide a 100% financial guarantee, so if you receive a fraud chargeback, we’ll pay you back. With NoFraud Checkout, you can improve conversions with a beautifully designed checkout experience built to put trustworthy shoppers on the fast track. Any shopper recognized in the NoFraud network can autofill their information with one click—no tedious account registration required. For everyone else, NoFraud Checkout dynamically adapts the number of input fields based on customer risk factors. More trustworthy shoppers are sped through, while riskier shoppers must provide more information.

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NoFraud Revenue

In 2025, NoFraud's revenue reached $10.3M. Since its launch in 2014, NoFraud has shown consistent revenue growth.

NoFraud Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M2014201620182020202220242025$0$10MSource: GetLatka.com
YearMilestone
2025NoFraud Hit $10.3m revenue in September 2025
2014Launched with $0 revenue

NoFraud Valuation, Funding Rounds

NoFraud's most recent disclosed valuation is $31M.

NoFraud is a bootstrapped E-commerce Fraud Protection Software startup. Founded in 2014, NoFraud has grown to $10.3M in revenue without raising any venture capital or outside funding.

As a self-funded E-commerce Fraud Protection Software SaaS company, NoFraud has built its business with no outside investment.

NoFraud Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120142014 cumulative: $0 • 2014 Founded: $02014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

NoFraud Employees & Team Size

NoFraud employs approximately 94 people as of 2026.

NoFraud has 94 total employees in different roles and functions.

NoFraud Team GrowthReported headcount over time020406080100201420162018202020222024009494Source: GetLatka.com
YearMilestone
2024Reached 94 employees (November 2024)

Founder / CEO

Scott Gifis

Scott Gifis is listed as Founder / CEO at NoFraud.

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Customers

We do not have customer count information for NoFraud yet.

Frequently Asked Questions about NoFraud

What is NoFraud's revenue?

NoFraud generates $10.3M in revenue.

Who founded NoFraud?

NoFraud was founded by Scott Gifis.

Who is the CEO of NoFraud?

The CEO of NoFraud is Scott Gifis.

How much funding does NoFraud have?

NoFraud raised $0.

How many employees does NoFraud have?

NoFraud has 94 employees.

Where is NoFraud headquarters?

NoFraud is headquartered in New York, New York, United States.

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Compare NoFraud to the industry

NoFraud operates across multiple industries. Browse revenue, funding, and growth data for NoFraud 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 .

NoFraud Revenue 2025: $10.3M ARR, $31M Valuation