Precognitive, founded in January 2016 and based in Chicago, provides a SaaS-based fraud detection and prevention technology platform. The product combines device intelligence, advanced behavioral analytics and a real-time decision engine to detect and prevent fraud at the time of each transaction. Its multi-dimensional approach aims to thwart malicious activity while preserving a smooth customer journey for legitimate consumers. The company intends to use the seed funding to continue building its modular tool set. No revenue or user metrics are disclosed in the article.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

May 2017