About Clari5
Clari5 is a company based in Bengaluru (India) founded in 2006 by Rivi Varghese, Aditya Lal, Balaji Suryanarayana, and Sandhya Aditya was acquired by Perfios in February 2025. Clari5 has raised $3.99 million across 5 funding rounds from investors including Perfios, Ashutosh Vaidya and MandS Partners. The company has 226 employees as of April 05, 2024. Clari5 offers products and services including Enterprise Fraud Management, Anti-Money Laundering, Customer Experience Management, Clari5 Graph Intelligence, and Payments Fraud Reporting. Clari5 operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Signifyd, among others.
- Headquarter Bengaluru, India
- Employees 226 as on 05 Apr, 2024
- Founders Rivi Varghese, Aditya Lal, Balaji Suryanarayana, Sandhya Aditya
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Email
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Phone
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Website
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Social
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- Legal Name Customerxps Software Private Limited
- Date of Incorporation 29 Dec, 2006
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$7.74 M (USD)14.39as on Mar 31, 2023
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Net Profit
-$1.05 M (USD)-3857.58as on Mar 31, 2023
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EBITDA
-$856.9 K (USD)-305.47as on Mar 31, 2023
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Total Equity Funding
$3.99 M (USD)
in 5 rounds
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Latest Funding Round
$73.6 K (USD), Angel Round
Jan 30, 2017
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Investors
Perfios
& 7 more
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Employee Count
226
as on Apr 05, 2024
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Acquired by
Perfios
(Feb 07, 2025)
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Products & Services of Clari5
Clari5 offers a comprehensive portfolio of products and services, including Enterprise Fraud Management, Anti-Money Laundering, Customer Experience Management, Clari5 Graph Intelligence, and Payments Fraud Reporting.
Real-time system to detect and prevent banking fraud
Automates compliance with global AML programs
Provides real-time insights for banking cross-sell
Analyzes transactions for fraud and risk patterns
Monitors and reports on payment fraud incidents
Funding Insights of Clari5
Clari5 has successfully raised a total of $3.99M across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $73.6 thousand completed in January 2017. 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.
Investors in Clari5
Clari5 has secured backing from 8 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Perfios, Ashutosh Vaidya and MandS Partners.
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Venture capital firm that invests in private equity and early-stage companies
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Investments in early-stage tech startups are made by JAFCO Asia.
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Provides financial technology solutions for data analysis and verification globally.
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Investor details for Clari5
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Investments & Acquisitions by Clari5
Investment portfolio details for Clari5
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Financial Statements - Clari5
Detailed financials for Clari5
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Clari5 Comparisons
Peer comparison for Clari5
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Competitors of Clari5
Clari5 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 Quantexa, ComplyAdvantage, Riskified, Alloy and Signifyd, among others.
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based anti-money laundering solutions are provided for compliance.
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AI-based fraud prevention for e-commerce payments is provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Provider of fraud prevention and payment validation for online retailers
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Cloud-based big data and fraud prevention solutions are offered.
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Detailed competitors of Clari5
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Latest news on Clari5
Complete news archive for Clari5
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Frequently Asked Questions about Clari5
Clari5 was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Clari5 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rivi Varghese is the current CEO of Clari5. They have also founded this company.
Clari5 is a funded company, having raised a total of $3.99M across 5 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Clari5 is 226.
Annual revenue of Clari5 is $7.74M as on Mar 31, 2023.
Clari5 was founded in 2006 in Bengaluru, India, within the banking technology sector. A range of solutions is offered to global banks, including enterprise fraud management, anti-money laundering, customer due diligence, identity resolution, and payment fraud reporting. Operations focus on proactive fraud detection and prevention, with services extending to loan origination, trade monitoring, and customer experience management.
Clari5's top competitors include ComplyAdvantage, Riskified and Quantexa.
Clari5 offers Enterprise Fraud Management, Anti-Money Laundering, Customer Experience Management, Clari5 Graph Intelligence, and Payments Fraud Reporting.
Clari5 has 8 investors. Key investors include Perfios, Ashutosh Vaidya, MandS Partners, JAFCO Asia, and Sharad Hegde.
The valuation of Clari5 is $18.22M as of Jan 2017.