FRISS

Trust Automation platform for P&C Insurers

Utrecht, Netherlands · Founded 2006 · $88.7M raised

Headquarters
Utrecht
Employees
51–200
Founded
2006
Business Model
B2B
Website
friss.com
Total Funding
$88.7M
Last Round
$6.0M Corporate RoundNov 2021
Rounds
3

About

FRISS gives insurers the software they need to detect fraud, assess risk, and make better decisions across the entire policy lifecycle. Its Trust Automation Platform uses AI technology and data to streamline processes for trustworthy customers while automatically preventing fraud attempts, so honest policyholders do not pay higher premiums because others commit fraud. Founded in 2006 by Jeroen Morrenhof and Christian van Leeuwen, FRISS now has over 300 implementations across more than 45 countries and launched Trust Automation as a global industry standard in 2022.

Summary

FRISS is an Artificial Intelligence company based in Utrecht, Netherlands, founded in 2006. It has raised $88.7M in total across 3 rounds, most recently a $6.0M Corporate Round round in Nov 2021. Investors include Aquiline Technology Growth, Guidewire and Accel-KKR.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Corporate RoundCorporate RoundNov 2021
$6.0M

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Series A through Corporate Round — per-round amounts, valuations, and who invested in each round.

Investors

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