About Spec
Spec is a company based in San Jose (United States) founded in 2020 by Nate Kharrl and Patrick Chen. Spec has raised $29.25 million across 4 funding rounds from investors including Legion Capital, SignalFire and Rally Ventures. The company has 16 employees as of December 31, 2021. Spec operates in a competitive market with competitors including ComplyAdvantage, Riskified, Entrust, Megvii and Signifyd, among others.
- Headquarter San Jose, United States
- Employees 16 as on 31 Dec, 2021
- Founders Nate Kharrl, Patrick Chen
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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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 Spectrust, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$29.25 M (USD)
in 4 rounds
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Latest Funding Round
$15 M (USD), Series A
Oct 18, 2023
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Investors
Legion Capital
& 4 more
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Employee Count
16
as on Dec 31, 2021
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Funding Insights of Spec
Spec has successfully raised a total of $29.25M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in October 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.
Investors in Spec
Spec has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Legion Capital, SignalFire and Rally Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage startups are funded by SignalFire.
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Legion Capital is engaged in specialized lending and private equity.
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Early-stage VC firm investing in the US
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Investor details for Spec
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Spec
Investment portfolio details for Spec
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Spec
Detailed financials for Spec
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Spec Comparisons
Peer comparison for Spec
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of Spec
Spec 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 ComplyAdvantage, Riskified, Entrust, Megvii and Signifyd, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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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 digital identity management solutions
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Facial recognition and AI video analysis solutions are provided.
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Provider of fraud prevention and payment validation for online retailers
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Cloud-based fraud prevention solutions are provided for businesses.
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Detailed competitors of Spec
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Spec
Complete news archive for Spec
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Frequently Asked Questions about Spec
Spec was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Spec is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Nate Kharrl is the current CEO of Spec. They have also founded this company.
Spec is a funded company, having raised a total of $29.25M across 4 funding rounds to date.
As of Dec 31, 2021, the latest employee count at Spec is 16.
Platform offering financial fraud solutions. It automatically collects and unifies users trust, fraud, and payment data into a single source of truth. Without writing a single line of code, teams instantly respond to insights, automate workflows, and integrate solutions that effortlessly ensure the delivery of powerful online experiences that are frictionless and secure.
Spec's top competitors include ComplyAdvantage, Riskified and Megvii.
Spec has 5 investors. Key investors include Legion Capital, SignalFire, Rally Ventures, Cyber Mentor Fund, and Dreamit.