
Yofi
Prevents return fraudsters, reduces tedious operational work, and unlocks benefits for good customers.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
Related Content
Yofi.ai emerges as a critical player in the e-commerce landscape, offering a sophisticated shield against malicious actors exploiting vulnerabilities in return policies. The company's platform leverages artificial intelligence and machine learning to identify and prevent abuse, protecting businesses from revenue loss, reputational damage, and the operational burden of dealing with fraudulent activities. By seamlessly integrating with existing tools and workflows, Yofi empowers merchants to detect patterns in abuse networks, prevent coordinated attacks, and nurture relationships with legitimate, high-value customers.
The platform's ability to distinguish between genuine customers and "bad actors" allows businesses to personalize experiences for their VIPs, fostering stronger connections and maximizing customer lifetime value. Success stories highlight Yofi's impact on improving order placement rates, prioritizing genuine customers, and freeing up operational resources previously spent on managing frivolous returns and chargebacks. This proactive approach not only safeguards businesses from financial losses but also enhances the overall customer experience, creating a more secure and trustworthy environment for online transactions. Yofi's technology effectively helps companies reclaim revenue, reinforce customer trust, and refocus their efforts on growth and innovation.