CardinalCommerce

Mentor, United States Founded: 1999 • Age: 27 yrs Acquired By Visa
Payment authentication solutions for mobile commerce are provided.
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About CardinalCommerce

CardinalCommerce is a company based in Mentor (United States) founded in 1999 was acquired by Visa in December 2016.. CardinalCommerce has raised $4.55 million across 3 funding rounds from investors including Visa and Primus Capital. The company has 163 employees as of December 31, 2016. CardinalCommerce offers products and services including Visa Protect. CardinalCommerce operates in a competitive market with competitors including ComplyAdvantage, Entrust, Riskified, Signifyd and Yoti, among others.

  • Headquarter Mentor, United States
  • Employees 163 as on 31 Dec, 2016
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cardinalcommerce Corporation
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Artificial Intelligence & Machine Learning
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.55 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
    Visa

    & 1 more

  • Employee Count
    163

    as on Dec 31, 2016

  • Acquired by
    Visa

    (Dec 01, 2016)

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Products & Services of CardinalCommerce

CardinalCommerce offers a comprehensive portfolio of products and services, including Visa Protect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI-driven tools to detect and block payments fraud in real-time.

Funding Insights of CardinalCommerce

CardinalCommerce has successfully raised a total of $4.55M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (23 Apr 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2012 Amount Private Equity Round - CardinalCommerce Valuation

investors

Jun, 2011 Amount Series A - CardinalCommerce Valuation

investors

Apr, 2007 Amount Unspecified - CardinalCommerce Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CardinalCommerce

CardinalCommerce has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Visa and Primus Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward the US and Canada.
Founded Year Domain Location
Digital payment solutions are offered to individuals and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CardinalCommerce

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CardinalCommerce

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cardinalcommerce Comparisons

Employees
+
Add Comparison
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Competitors of CardinalCommerce

CardinalCommerce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ComplyAdvantage, Entrust, Riskified, Signifyd and Yoti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based anti-money laundering solutions are provided for compliance.
domain founded_year HQ Location
Provider of digital identity management solutions
domain founded_year HQ Location
AI-based fraud prevention for e-commerce payments is provided.
domain founded_year HQ Location
Provider of fraud prevention and payment validation for online retailers
domain founded_year HQ Location
Identity verification solutions are provided for multiple industries digitally.
domain founded_year HQ Location
Cloud-based fraud prevention solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cardinalcommerce

Frequently Asked Questions about CardinalCommerce

When was CardinalCommerce founded?

CardinalCommerce was founded in 1999 and raised its 1st funding round 8 years after it was founded.

Where is CardinalCommerce located?

CardinalCommerce is headquartered in Mentor, United States. It is registered at Mentor, Ohio, United States.

Is CardinalCommerce a funded company?

CardinalCommerce is a funded company, having raised a total of $4.55M across 3 funding rounds to date. The company's 1st funding round was a Unspecified of $1.09M, raised on Apr 23, 2007.

How many employees does CardinalCommerce have?

As of Dec 31, 2016, the latest employee count at CardinalCommerce is 163.

What does CardinalCommerce do?

CardinalCommerce was founded in 1999 and is headquartered in Mentor, United States. Operations focus on the authentication sector within payments, addressing card-not-present transactions through mobile commerce solutions. Services encompass customer and merchant authentication, digital gift card issuance, alternative payments, hosted payment gateways, tokenization, SMS and app-based mobile banking authentication, wallet aggregation, and PIN-based debit card verification. An advanced 3DS protocol is utilized, allowing merchants to apply it selectively to customers.

Who are the top competitors of CardinalCommerce?

CardinalCommerce's top competitors include ComplyAdvantage, Riskified and Yoti.

What products or services does CardinalCommerce offer?

CardinalCommerce offers Visa Protect.

Who are CardinalCommerce's investors?

CardinalCommerce has 2 investors. Key investors include Visa, and Primus Capital.

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