
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
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Funding History
Nov 2021
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Series A through Corporate Round — per-round amounts, valuations, and who invested in each round.
Investors
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