Alloy is a leading Identity Decisioning Platform for banks and fintech companies that helps banks and fintech companies make safe and seamless fraud, credit, and compliance decisions.

Alloy's mission is to make it easy for financial services companies to quickly and safely onboard and manage more customers.

Alloy was founded in 2015 by Tommy Nicholas, Laura Spiekerman, and Charles Hearn. The company is headquartered in New York, New York.

 

Alloy’s API and dashboard helps financial institutions integrate multiple sources of data and custom CIP rules to both increase the number of customers that can be successfully onboarded without manual review and improve transparency and efficiency into the process.

 

Alloy's platform connects companies to more than 160 data sources of KYC/KYB, AML, credit, and compliance data through a single API to help create a future without fraud.

 

Alloy serves over 300 customers including Ally Bank, HMBradley, Gemini, Ramp and Evolve Bank & Trust, processing over a million decisions daily.

 

Alloy is backed by Lightspeed Venture Partners, Bessemer Ventures, Avenir Growth, Primary Venture Partners, Canapi Ventures, Felicis Ventures, Avid Ventures, and others. The company raised an additional $52M financing on Sep 01, 2022. This brings Alloy's total funding to $207.8M to date. The round pushed the company's valuation to $1.55B, up from previous $1.35B in 1st tranche of Series C raised in Sep 2021.

 

 

  • Year founded: 2015
  • Funding Info: $207.8M over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $1.55B as of Sep 01, 2022
  • City/Town: New York City
  • State: New York
  • Country: United States
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