BioCatch

Al-driven Behavioral Biometrics for Cybersecurity

Cyber Security
Acquired by Permira on May, 2024
Acquired - Founded 2010
Total raised
$214.6M
Last: Secondary 2024-02
Stage
Acquired
Founded
2010
Headcount
435
HQ
-
Sector
Cyber Security

About

BioCatch develops Behavioral Biometrics which analyzes an online user’s physical and cognitive digital behavior to protect individuals and their assets. Its mission is to unlock the power of behavior and deliver actionable insights to create a digital world where identity, trust and ease seamlessly co-exist.

Leading financial institutions around the globe use BioCatch to more effectively fight fraud, drive digital transformation and accelerate business growth.

BioCatch was named a cool vendor in Cool Vendors in Security: Identity and Access Management, 2013 by the Gartner Research Group.

Funding history · 10 rounds · $214.6M total

2024-02
Secondary $32.0M
2023-10
Secondary $70.0M
2023-05
Secondary $40.0M
2020-09
Series C $20.0M
2020-04
Series C $145.0M
2018-03
Series B $31.0M
2016-05
Undisclosed $7.0M
2014-06
Series A $10.0M
2013-09
Seed $1.0M
2012-03
Pre-Seed $600K

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was BioCatch acquired and by whom?
BioCatch was acquired by Permira in May 2024 for $750 million.
What was BioCatch's valuation when it entered the unicorn club?
BioCatch's valuation crossed $1 billion in November 2023, marking its entry into the unicorn club through a secondary deal.
What was BioCatch's largest sales quarter?
BioCatch finished 2023 with its largest sales quarter in company history.
What product did BioCatch launch in August 2023?
In August 2023, BioCatch launched its Connect portfolio, including the data-scanning Connect solution, to help brands deliver secure digital user experiences and mitigate fraud.
Which company acquired a $32 million stake in BioCatch in February 2024?
Australian investment giant Macquarie Capital acquired $32 million worth of BioCatch shares in February 2024.
Which company acquired a $40 million stake in BioCatch in May 2023?
Permira Growth Opportunities acquired a $40 million stake in BioCatch in May 2023.
When did BioCatch obtain a U.S. patent for its Mule Account Detection Solution?
BioCatch obtained a U.S. patent for its Mule Account Detection Solution in February 2022.
Which companies partnered with BioCatch to enhance fraud detection services in October and November 2022?
Lumin Digital partnered with BioCatch in October 2022, and BCU adopted BioCatch in November 2022, both to bolster fraud detection.
What was the amount of BioCatch's Series C funding round in April 2020 and who was a lead investor?
BioCatch raised $145 million in its Series C funding round in April 2020, with Bain Capital Ventures as a lead investor.
When did BioCatch acquire AimBrain?
BioCatch acquired AimBrain in February 2020 to expand its digital identity leadership position.

Sectors & technology

Primary sector
Cyber Security
Sub-sectors
Cyber SecurityIdentity Security
Technologies
Artificial IntelligenceMachine Learning
Target customers
Financial ServicesFinancial InstitutionsBanksCommunication ServicesDiversified Telecommunication Services
Business model
B2B

Highlights

1 PatentsVerified

Tags

financial-institutionsauthenticationiamtransactionsmobile-securityanomaly-detectionpaymentsbehavior-analyticsbiometricscyber-securityinsurance-companiesartificial-intelligencemachine-learninganti-fraudidentity-verificationunicorn-2023