NSure.ai
An AI-based fraud protection solution built for sellers of fraud-attractive goods and services such as gift cards, airline tickets, concert and sports tickets, hotel vouchers, software, games and more.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| N/A | $8.3m Valuation: $90.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 200 % | 36 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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nSure.ai is a startup that operates in the digital commerce industry, providing an innovative solution to combat fraud. The company uses artificial intelligence (AI) to prevent fraudulent transactions, particularly those involving digital goods purchased with stolen payment methods. nSure.ai's unique approach challenges the status quo in fraud protection, which often results in the decline of 15%-20% of legitimate shoppers due to stringent verification processes.
nSure.ai's business model is centered on creating a safer digital commerce environment, enabling businesses to grow without fear of fraud. The company works with merchants to set approval rate targets and takes the lead in ensuring these targets are met, all while keeping fraud to a minimum. This not only increases revenue but also enhances customer experience by reducing unnecessary verification processes that may deter legitimate customers.
Moreover, nSure.ai offers a financial guarantee, covering all chargeback costs and eliminating the risk of being flagged by payment networks. This gives businesses peace of mind and allows them to focus on their core operations.
The company's clients are primarily merchants who deal with digital goods and transactions, a market that is increasingly vulnerable to fraud. By providing a solution that is both effective and customer-friendly, nSure.ai is well-positioned to capitalize on the growing need for advanced fraud prevention in the digital commerce space.
Keywords: nSure.ai, startup, digital commerce, fraud prevention, artificial intelligence, approval rate targets, financial guarantee, chargeback costs, merchants, customer experience.