About SHIELD
SHIELD is a company based in Singapore (Singapore) founded in 2008 by Irene Brime and Justin Lie. It operates as a AI-as-a-Service, and Subscription Services. SHIELD has raised $31.74 million across 4 funding rounds from investors including Razer, Wavemaker Partners and Temasek. SHIELD offers products and services including Device Intelligence and Feature AI Engine. SHIELD operates in a competitive market with competitors including IDnow, Alloy, Parallel Markets, Craft and Advance Intelligence Group, among others.
- Headquarter Singapore, Singapore
- Founders Irene Brime, Justin Lie
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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 Shield Ai Technologies Pte. Ltd.
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Annual Revenue
$9.06 M66as on Dec 31, 2023
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Net Profit
$-2.23 M41as on Dec 31, 2023
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EBITDA
$-1.61 M53as on Dec 31, 2023
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Total Equity Funding
$31.74 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series B
Jun 26, 2018
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Investors
Razer
& 10 more
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Employee Count
Employee Count
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Products & Services of SHIELD
SHIELD offers a comprehensive portfolio of products and services, including Device Intelligence and Feature AI Engine. 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.
Device-based fraud detection is provided for user protection.
AI-driven threat detection is offered for fraud prevention.
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Funding Insights of SHIELD
SHIELD has successfully raised a total of $31.74M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in June 2018. 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 4
- Last Round Series B — $20.0M
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First Round
First Round
(22 Sep 2015)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series B - SHIELD | Valuation | Temasek , GGV Capital | |
| Feb, 2018 | Amount | Series A - SHIELD | Valuation |
investors |
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| Sep, 2017 | Amount | Series A - SHIELD | Valuation | GGV Capital |
| 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 SHIELD
SHIELD has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Razer, Wavemaker Partners and Temasek. 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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FutureShape is involved in shaping and building futures.
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Founded Year | Domain | Location | |
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An investment platform is provided for diverse sectors and geographies.
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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 |
| 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 SHIELD
| 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 |
Financial Statements - SHIELD
| 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 |
Shield Comparisons
Competitors of SHIELD
SHIELD 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 IDnow, Alloy, Parallel Markets, Craft and Advance Intelligence Group, 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 |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Software solutions for private market investors
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| domain | founded_year | HQ Location |
Craft is recognized for providing supply chain resilience solutions.
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| domain | founded_year | HQ Location |
Provides loans, risk management solutions and merchant service platform
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| domain | founded_year | HQ Location |
Cloud-based big data and fraud prevention solutions are offered.
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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 Shield
Frequently Asked Questions about SHIELD
When was SHIELD founded?
SHIELD was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is SHIELD located?
SHIELD is headquartered in Singapore, Singapore.
Who is the current CEO of SHIELD?
Justin Lie is the current CEO of SHIELD. They have also founded this company.
Is SHIELD a funded company?
SHIELD is a funded company, having raised a total of $31.74M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.5M, raised on Sep 22, 2015.
What is the annual revenue of SHIELD?
Annual revenue of SHIELD is $9.06M as on Dec 31, 2023.
What does SHIELD do?
Device-first fraud intelligence solutions are delivered by SHIELD to combat various types of fraud including fake accounts, account takeovers, payment fraud, and bot attacks. Services are extended across multiple industries such as ride-hailing, e-commerce, fintech, gaming, and social media. Real-time device intelligence and AI-driven threat detection are utilized to build trust and drive growth. Customizable risk controls and frictionless user authentication are also offered to enhance security without compromising user experience.
Who are the top competitors of SHIELD?
SHIELD's top competitors include IDnow, Craft and Parallel Markets.
What products or services does SHIELD offer?
SHIELD offers Device Intelligence and Feature AI Engine.
Who are SHIELD's investors?
SHIELD has 11 investors. Key investors include Razer, Wavemaker Partners, Temasek, Atinum Investment, and FutureShape.