Signifyd was founded in 2011 by Michael Liberty and Rajesh Ramanand. The company has not publicly endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Signifyd is a cybersecurity company whose goal is to protect online shoppers by eliminating ecommerce fraud. In 2021, the company closed a $205 million Series E funding round, pushing its total venture capital funding past $400 million. Per a company press release, Signifyd will use the money to continue bolstering its team while pursuing "aggressive global expansion." Investors include Owl Rock Capital Partners, FIS Global, Canada Pension Plan Investment Board, Neuberger Berman Group, Menlo Ventures, and American Express Ventures. The latest funding increased Signifyd's valuation to $1.34 billion.