About Deduce
Deduce is an Industrial Goods & Manufacturing company based in Philadelphia (United States) founded in 2019, and was acquired by CHEQ in January 2025. User account and data security solutions are offered by Deduce. It operates in the Industrial Goods & Manufacturing, Technology, and Financial Services sectors. Deduce has raised $26.3 million across 3 funding rounds from investors including CHEQ, Freestyle VC and Foundry. The company has 13 employees. Deduce offers products and services including Deduce Identity Graph and Patented Fraud Technology. Its focus areas include Enterprise Infrastructure, Cybersecurity, Anti Fraud and Identity Theft. Its competitors include OneTrust, Simility and SpyCloud; 3 of its 3 listed competitors have raised funding.
Company details
Deduce was founded in 2019 and is headquartered in Philadelphia, United States. Operations focus on the cybersecurity sector, where platforms for user account security and data protection are developed. Services encompass data coalition, digital identity protection, fraud prevention, risk management, account testing, scripting and automation, phishing prevention, suspicious login detection, and customer alerts. These tools support secure digital environments for businesses.
- Headquarters Philadelphia, United States
- Employees 13
- Stage Acquired
- SectorsIndustrial Goods & ManufacturingTechnology Financial Services
- Website deduce.com
- Social LinkedIn X
- Acquired by CHEQ (Jan 2025)
Products & Services of Deduce
Deduce offers a comprehensive portfolio of products and services, including Deduce Identity Graph and Patented Fraud Technology.
Real-time AI tool to identify and flag synthetic identities.
System for preventing identity fraud in financial onboarding.
Funding Insights of Deduce
Deduce has successfully raised a total of $26.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in September 2023. 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 $26.3M
- Total Rounds 3
- Last Round Series A — $9M
- First Round $7.3M
(Dec 2020)
- Investors Count 6
All 3 funding rounds of Deduce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $9M | Series A | – | Freestyle | |
| Jun 2021 | $10M | Series A | – | Foundry | |
| Dec 2020 | $7.3M | Seed | – | True Ventures |
7 investors in total: 5 institutional and 2 angel.
Investors in Deduce
Deduce has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include CHEQ, Freestyle VC and Foundry.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Freestyle VC is engaged in seed funding for tech startups. | freestyle.vc | Larkspur, United States | ||
Venture capital is invested in early-stage tech startups. | foundry.vc | Boulder, United States | ||
Venture capital firm supporting AI founders through investments and community. | trueventures.com | |||
Investments in seed to Series A stage companies are targeted. | ridge.vc | San Francisco, United States | ||
TN Tom Noonan | Angel investor and tech entrepreneur, co-founder of Internet Security Systems. | unknown_1c7a83b597634f55b | ||
LH Lisa Hook | Indian angel investor, active in tech startups, based in India. | unknown_f00e3158c1c24540b | ||
CHEQ is recognized as a leader in go-to-market security. | 2016 | cheq.ai | Tel Aviv, Israel |
Investor details for Deduce
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Deduce
2 people are tracked at Deduce (2 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Andy Pruss | VP, Finance | Leadership |
Joseph Mielzarek | Director, Technical Services & Compliance | Leadership |
Complete people profiles for Deduce
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Deduce
4 dated milestones of Deduce across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Deduce is founded.
- Funding First funding round of $7.3M.
- Funding Latest funding round, Series A, of $9.0M.
- Exit Acquired by CHEQ.
Competitors of Deduce
Deduce has 3 listed competitors in our database, 3 of them funded. They include OneTrust, Simility and SpyCloud.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| onetrust.com | 2016 | Atlanta, United States | $1.13B | 435 | Cloud-based software for automating data governance and compliance is offered. | |
| simility.com | 2014 | Palo Alto, United States | $24.96M | 38 | SaaS platform for fraud detection and risk management is utilized. | |
| spycloud.com | 2016 | Austin, United States | $128.5M | 122 | Dark web credentials are scanned to prevent account takeovers. |
Detailed competitors of Deduce
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Deduce
The website of Deduce (deduce.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▼ 21.6% vs previous month
Websites whose visitors overlap most with Deduce. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
 siek.blogspot.com | siek.blogspot.com | 100% | #10,066,584 | – |
Top companies in Physical Security & Surveillance
3 companies that operate in the same segment as Deduce (Physical Security & Surveillance) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 |
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Related news about Deduce
Complete news archive for Deduce
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Frequently Asked Questions about Deduce
Deduce was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Deduce is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Deduce is a funded company, having raised a total of $26.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $7.3M, raised on Dec 2020.
Deduce has 13 employees.
Deduce was founded in 2019 and is headquartered in Philadelphia, United States. Operations focus on the cybersecurity sector, where platforms for user account security and data protection are developed. Services encompass data coalition, digital identity protection, fraud prevention, risk management, account testing, scripting and automation, phishing prevention, suspicious login detection, and customer alerts. These tools support secure digital environments for businesses.
Deduce offers Deduce Identity Graph and Patented Fraud Technology.
Deduce has 7 investors. Key investors include CHEQ, Freestyle VC, Foundry, True Ventures, and Ridge Ventures.
Yes. Deduce was acquired by CHEQ in January 2025.