# FRISS

**Source:** https://www.startuphub.ai/startups/friss
**Profile type:** Startup

> Develops fraud detection and risk assessment software for P&C Insurance companies.

## About

FRISS provides a Trust Automation platform for P&C insurance carriers. Their SaaS solutions automate risk assessment for policy requests, renewals, and claims, helping insurers identify misrepresentation and fraud in real-time. This enables faster processing of trustworthy interactions and improved customer experiences.

## Key facts

- **Slug:** friss
- **Website:** https://www.friss.com/
- **Location:** Utrecht, Netherlands
- **Founded:** 2007
- **Employees:** 223
- **Operating status:** Active
- **Total funding:** $81M
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/friss-software

## Frequently asked

### What does FRISS do?

FRISS provides a Trust Automation platform for P&C insurance carriers. Their SaaS solutions automate risk assessment for policy requests, renewals, and claims, helping insurers identify misrepresentation and fraud in real-time. This enables faster processing of trustworthy interactions and improved customer experiences.

### What is FRISS's valuation?

StartupHub estimates FRISS's effective valuation at $287.8M (range $203.0M to $487.2M, 10% confidence), based on comparable companies in the sector.

### How much funding has FRISS raised?

FRISS has raised a total of $81M in funding. The most recent round on record is Series B.

### Where is FRISS headquartered?

FRISS is headquartered in Utrecht, Netherlands.

### When was FRISS founded?

FRISS was founded in 2007.

### How many employees does FRISS have?

FRISS has approximately 223 people on record.

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