Zumigo

San Francisco, United States Founded: 2008 • Age: 18 yrs
Location network data based device customer authentication

About Zumigo

Zumigo is a Technology company based in San Francisco (United States) founded in 2008. Location network data based device customer authentication. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. Zumigo has raised $7.72 million across 3 funding rounds from investors including Aligned Partners Venture Services and Intel Capital. Its website zumigo.com draws about 23 thousand monthly visits. Its Indian entity Zumigo India Private Limited reported revenue of β‚Ή1.17 Cr. Zumigo offers products and services including Zumigo DeRiskify. Its focus areas include FinTech, Banking Tech, RegTech and Fraud Detection. Its competitors include BitGo, Alloy and LifeLock; 3 of its 3 listed competitors have raised funding.

Company details

Founded in 2008 and based in San Francisco, United States, Zumigo operates in the mobile security sector. Analytics of mobile messaging, location, and network data are employed to deliver identity theft prevention and authentication services. Solutions such as Zumigo Assure Radius validate consumer locations for ATM and merchant transactions, while device and identity verification are handled through integrated APIs in websites, apps, and banking systems to mitigate payment fraud.

  • Headquarters San Francisco, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Website zumigo.com
  • Social LinkedIn X
  • Legal Name Zumigo India Private Limited
  • Date of Incorporation 18 Jul, 2012
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹1.17 Cr

    FY 2024 · -37% YoY

  • Indian entity net loss
    -₹76.1 Lakh

    FY 2024 · -65% margin

  • Indian entity EBITDA
    -₹75.7 Lakh

    FY 2024 · -64% margin

  • Total Equity Funding
    $7.72M (USD)

    in 3 rounds

  • Latest Funding Round
    $6M (USD), Series B

    Aug 2014

  • Investors

Products & Services of Zumigo

Zumigo offers a comprehensive portfolio of products and services, including Zumigo DeRiskify.

Zumigo DeRiskify
Identity Verification Platform

Offers real-time fraud prevention for e-commerce transactions.

Funding Insights of Zumigo

Zumigo has successfully raised a total of $7.72M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6 million completed in August 2014. 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 $7.72M
  • Total Rounds 3
  • Last Round Series B β€” $6M
  • First Round $420,000

    (Dec 2010)

  • Investors Count 2

All 3 funding rounds of Zumigo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2014$6MSeries B–Intel Capital
Jan 2013$1.3MSeries A––
–
Dec 2010$420,000Seed––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Zumigo

Zumigo has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Aligned Partners Venture Services and Intel Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Early-stage US tech investments are made by Aligned Partners.
alignedvc.comMenlo Park, United States
Investment in technology startups focusing on compute, AI, and related innovations.
intelcapital.com
Premium access

Investor details for Zumigo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Zumigo India Private Limited (Zumigo)

Zumigo India Private Limited is the primary company behind Zumigo. The board of Zumigo India Private Limited currently have 2 directors; the longest-serving is Chirag Champaklal Bakshi, appointed in 2012.

DirectorDesignationAppointedTenureEntity
Chirag Champaklal Bakshi
DIN 01997707
Director18 Jul 201214 yrs 3 moZumigo India Private Limited
Rupa Harish Shah
DIN 00546087
Director18 Jul 201214 yrs 3 moZumigo India Private Limited

People of Zumigo

17 people are tracked at Zumigo (11 in leadership, 1 in board & advisors, 5 in team).

NameRoleGroup
Yu Ting Huang
Senior Director Of MarketingLeadership
Sutapa Maity
VP, DevOpsLeadership
Nicole Sedita
Director Of Solution Consulting & SalesLeadership
Minoo Rashmi
Managing Director, Zumigo IndiaLeadership
Jong Lee
VP, Business Development & SalesLeadership
Founder & CEOLeadership
Madhu Vudali
Vp, Product ManagementLeadership
Satya Parimi
VP, EngineeringLeadership
Tariq Ahmed
Managing Director, CanadaLeadership
Uttara Altekar
Director Program ManagementLeadership
Kevin Lee, SPHR
Head Of Talent AcquisitionLeadership
Keith Angelo
DirectorBoard & advisors
Jennifer Choi
Sales DevelopmentTeam
Michael Whalen
Senior Software DeveloperTeam
Saravanan Jagadheson
Software ManagerTeam
Ravindrakumar More
Senior Software DeveloperTeam
Jai Prakash
Senior Software EngineerTeam
Premium access

Complete people profiles for Zumigo

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Zumigo

Figures of Zumigo India Private Limited, the primary company behind Zumigo, for FY 2024. Revenue was ₹1.17 Cr (-37% year on year). Net loss was -₹76.1 Lakh (-65% margin). EBITDA was -₹75.7 Lakh (-64% margin). Revenue has grown at a compounded annual rate of -12% over three years and +15% over five years.

  • ₹1.17 CrRevenue · FY 2024 · -37% YoY
  • -₹76.1 LakhNet loss · -65% margin
  • -₹75.7 LakhEBITDA · -64% margin
  • ₹3.68 CrPaid-up capital
  • -12%Revenue CAGR, 3 years
  • +15%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Zumigo India Private Limited are on its company page.

Premium access

Detailed financial statements for Zumigo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Zumigo

3 dated milestones of Zumigo across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Zumigo is founded.
  2. Funding First funding round of $420K.
  3. Funding Latest funding round, Series B, of $6.0M.

Competitors of Zumigo

Zumigo has 3 listed competitors in our database, 3 of them funded. They include BitGo, Alloy and LifeLock.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bitgo.com2013Palo Alto, United States$170.5M166
Crypto-based custody, trading, and lending services are provided to institutions.
alloy.com2015New York, United States$211.37M216
Identity decisioning platform is provided for banks and fintech firms.
lifelock.com2005Tempe, United States$192.07M
Identity theft is protected and prevented through cyber monitoring services.
Premium access

Detailed competitors of Zumigo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Zumigo

The website of Zumigo (zumigo.com) receives about 22.8K visits a month.

  • Monthly visits
    22.8K

    ▲ 59.6% vs previous month

Top companies in AI Core Platforms & Infrastructure

3 companies that operate in the same segment as Zumigo (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 58.07 B11,115
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B42,000
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 136.81 B6,146
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

Related news about Zumigo

Premium access

Complete news archive for Zumigo

Full article history, source details, and older brand coverage require an active premium plan.

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

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Zumigo

Zumigo was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Zumigo is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Zumigo is a funded company, having raised a total of $7.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $420K, raised on Dec 2010.

The primary company behind Zumigo, Zumigo India Private Limited, reported revenue of β‚Ή1.17 Cr for FY 2024, down 37% year on year.

Founded in 2008 and based in San Francisco, United States, Zumigo operates in the mobile security sector. Analytics of mobile messaging, location, and network data are employed to deliver identity theft prevention and authentication services. Solutions such as Zumigo Assure Radius validate consumer locations for ATM and merchant transactions, while device and identity verification are handled through integrated APIs in websites, apps, and banking systems to mitigate payment fraud.

Zumigo's top competitors include BitGo, Alloy and LifeLock.

Zumigo offers Zumigo DeRiskify.

Zumigo has 2 investors. Key investors include Aligned Partners Venture Services, and Intel Capital.

Zumigo operates through Zumigo India Private Limited.

The legal entities of Zumigo currently have 2 directors, including Chirag Champaklal Bakshi, Rupa Harish Shah.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available