Ethoca

Toronto, Canada Founded: 2005 • Age: 21 yrs Acquired By Mastercard
Fraud protection solutions for omnichannel retailers
Annual revenue - Latest available
Total funding $45.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Ethoca

Ethoca is a company based in Toronto (Canada) founded in 2005 was acquired by Mastercard in March 2019. Ethoca has raised $45 million across 1 funding round from investors including Mogo, Mastercard and Spectrum Equity. Ethoca offers products and services including Ethoca Consumer Clarity, Ethoca Alerts, and Fraud Insights for Merchants. Ethoca operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Signifyd and Entrust, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Retail
    Industrial Goods & Manufacturing Technology Financial Services
  • Phone
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  • Website
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  • Social
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Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45 M (USD)

    in 1 rounds

  • Latest Funding Round
    $45 M (USD), Private Equity Round

    Jul 16, 2015

  • Investors
    Mogo

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Mastercard

    (Mar 12, 2019)

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Products & Services of Ethoca

Ethoca offers a comprehensive portfolio of products and services, including Ethoca Consumer Clarity, Ethoca Alerts, and Fraud Insights for Merchants.

Product name locked
Category locked
Primary

Delivers purchase details to issuers for reducing disputes and fraud.

Product name locked
Category locked
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Shares real-time fraud data for quick merchant responses and prevention.

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Provides fraud and chargeback data views for proactive business actions.

People of Ethoca

Headcount 50-200
Employee Profiles 25
Employee Profiles
People
Sat Suri
Channel Partner Acquisition - North America
People
Jillian Saboe
Market Development
People
Gaurav Mittal
Chief Executive Officer & Executive Vice President
People
Stefan Bishop
SVP Global Head Sales & BD

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Funding Insights of Ethoca

Ethoca has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $45 million completed in July 2015. 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 Ethoca

Ethoca has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Mogo, Mastercard and Spectrum Equity.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth equity investments and partnerships in finance and related sectors.
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Venture capital is invested in FinTech sectors by the firm.
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Personal loans and lines of credit are provided by Mogo.
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Investor details for Ethoca

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Investments & Acquisitions by Ethoca

Investments
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Investment portfolio details for Ethoca

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  • Transaction dates
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Financial Statements - Ethoca

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Detailed financials for Ethoca

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  • Profit trends
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Ethoca Comparisons

Ethoca Primary company
Description
Fraud protection solutions for omnichannel retailers
Location
Toronto, Canada
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Ethoca

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Competitors of Ethoca

Ethoca 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, Signifyd and Entrust, among others.

Company Name Domain Founded year HQ Location Description
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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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Provider of fraud prevention and payment validation for online retailers
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Provider of digital identity management solutions
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Mobile platform offering credit cards
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Detailed competitors of Ethoca

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Latest news on Ethoca

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Complete news archive for Ethoca

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Ethoca

Ethoca was founded in 2005 and raised its 1st funding round 10 years after it was founded.

Ethoca is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Ethoca is a funded company, having raised a total of $45M across 1 funding round to date.

Ethoca provides fraud protection solutions for omnichannel retailers. Its online platform is a network for card issuers and merchants to connect and work cooperatively outside the payment network. It connects card issuers to online merchants to stop fraud that slips through their defenses and recapture lost revenues. Ethoca helps prevent chargebacks and reduce CNP fraud by closing the information gap between the card issuers and merchants, making this valuable information securely available in real-time. Its direct-from-source card issuer data is used by merchants to stop the fulfillment of goods and services tied to fraudulent accounts on orders they are actively processing. It allows issuers to significantly reduce the time it takes to recover card-not-present fraud and customer disputes from days to hours, reduce overall chargeback volumes, improve customer satisfaction scores and reduce customer complaints.

Ethoca's top competitors include ComplyAdvantage, Riskified and Quantexa.

Ethoca offers Ethoca Consumer Clarity, Ethoca Alerts, and Fraud Insights for Merchants.

Ethoca has 4 investors. Key investors include Mogo, Mastercard, Spectrum Equity, and Pivot Investment Partners.

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