Nethone builds a proprietary Know Your User (KYU™) profiling technology to prevent online account takeovers. Its user profiling analyzes more than 5,000 attributes, combined with machine learning and a specialized team of data scientists. The company targets global customers facing fraud and equips them with tools to detect and block malicious actors. Nethone is led by Hubert Rachwalski (CEO), Aleksander Kijek (CPO) and Mateusz Czech (COO) and is based in Warsaw, Poland. It raised $6.7M in a Series A and plans to use the proceeds to accelerate go-to-market efforts and further strengthen its technology. No operating metrics (revenue/users) were disclosed in the article. Nethone provides KYU (Know Your User) solutions that profile users and apply machine learning to automatically detect suspicious activity in online transactions. Its product suite includes fraud-prevention tools, real-time adaptive segmentation and customer retention capabilities, and behavioral analysis for banking to prevent account takeover. The company serves large travel and e-commerce customers globally, with clients including the eSky group, Brazilian airline Azul, Polish Airlines LOT and ING Group. Established in 2016 by Daftcode, Nethone operates internationally and entered the Plug & Play program in early 2019. In April 2019 it closed its first external financing, raising over $1M from Innovation Nest. The company intends to use the funds to expand operations and grow in new markets.

Total raised

$8M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2021