NS8 raises $123m Series A for online fraud prevention

Carlos Alonso Torras

June 10, 2020

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Carlos Alonso Torras

Las Vegas based startup focused on online fraud detection and prevention for SMBs raised $123m in Series A funding co-led by Lightspeed and AXA Venture Partners (AVP).

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“With the planned expansion ahead, we expect that we may teeter back and forth between profitability and growth,” CEO and co-founder Adam Rogas told Crunchbase News. “The market opportunity was already tremendous, but we’re seeing increased demand of about five to six times as a result of ecommerce adoption accelerating due to global events, particularly in sectors such as food delivery and groceries.”

https://news.crunchbase.com/news/meet-ns8-a-profitable-startup-that-just-raised-a-123m-series-a-for-online-fraud-prevention/?utm_content=intro&utm_term=content&mkt_tok=eyJpIjoiTjJJMk5XTm1NelF6T1dZMCIsInQiOiJiQzJqSEkxVkJmQ3A4QlE5WURpb0FwXC8zVkpZZ3VcL3BJYm9xUkJobEtTdUNRYjFcL0FiaWRLS2oxV3g5TGJqSFFiN3RVWEJLQlBlb2NiakMrenQwZDZKUndZc1wvOWh4cWFDQVZjK1wvMkxLekMrYnZSdEhpVERTUFZ0eXo5ZVdQZElQIn0%3d