About Iovation
Iovation is a company based in Portland (United States) founded in 2004 was acquired by TransUnion in May 2018.. Iovation has raised $16.06 million across 3 funding rounds from investors including TransUnion, European Founders Fund and Intel Capital. Iovation has completed 1 acquisition, including LaunchKey. Iovation operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Signifyd and Fenergo, among others.
- Headquarter Portland, United States
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Sectors
Industrial Goods & ManufacturingTechnology Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Trans Union Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.06 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Series A
Aug 18, 2009
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Investors
TransUnion
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
TransUnion
(May 18, 2018)
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Leadership Team
149 people
Sales and Marketing
94 people
Software Development Team
82 people
Product Management Team
65 people
Finance and Accounting
40 people
Human Resources and Administration
25 people
Legal and Compliance
21 people
Operations Team
21 people
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Funding Insights of Iovation
Iovation has successfully raised a total of $16.06M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in August 2009. 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 Funding
- Total Rounds 3
- Last Round Series A — $1.0M
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First Round
First Round
(01 Jul 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2009 | Amount | Series A - Iovation | Valuation |
investors |
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| Mar, 2008 | Amount | Series A - Iovation | Valuation |
investors |
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| Jul, 2005 | Amount | Seed - Iovation | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Iovation
Iovation has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include TransUnion, European Founders Fund and Intel 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Venture capital fund backed by corporate office
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Founded Year | Domain | Location | |
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Provider of incubates and invests in internet and technology services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Iovation
Iovation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include LaunchKey. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Decentralized mobile MFA platform enables passwordless secure authentication.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Iovation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iovation Comparisons
Competitors of Iovation
Iovation 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 Fenergo, 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 |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| domain | founded_year | HQ Location |
Cloud based KYC and AML management software
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| domain | founded_year | HQ Location |
Cloud-based fraud prevention solutions are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Iovation
Frequently Asked Questions about Iovation
When was Iovation founded?
Iovation was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Iovation located?
Iovation is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Is Iovation a funded company?
Iovation is a funded company, having raised a total of $16.06M across 3 funding rounds to date. The company's 1st funding round was a Seed of $63.31K, raised on Jul 01, 2005.
What does Iovation do?
iovation protects online businesses and their end users against fraud and abuse through a combination of advanced device identification, shared device reputation and real-time risk evaluation. The companys device reputation database contains 15 million reports of fraud and protects more than 10 million transactions per day, stopping 200,000 fraudulent activities per day. Clients leverage iovations Fraud Force Community, an exclusive virtual crime-fighting network of the worlds foremost security experts, to share intelligence about cybercrime and prevention techniques.
Who are the top competitors of Iovation?
Iovation's top competitors include ComplyAdvantage, Riskified and Quantexa.
How many acquisitions has Iovation made?
Iovation has made 1 acquisition, including LaunchKey.
Who are Iovation's investors?
Iovation has 4 investors. Key investors include TransUnion, European Founders Fund, Intel Capital, and SAP Ventures.
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