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EverC

Merchant-based fraud and cyber risk management

EverC logo
101-200 employees
  • B2B
  • Enterprise
  • Compliance
  • Legal
  • Business Intelligence
  • SaaS
  • Cyber Security
  • eCommerce
  • Fraud
Theater District, New York, NY

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Company mission

To power growth for marketplaces and the online seller ecosystem by transforming the internet into a safe and trusted place for ecommerce.

Our take

As the popularity of eCommerce continues to skyrocket, brands are pivoting online in droves - and looking to leverage the various eCommerce marketplaces to help drive up global sales and drive down marketing costs. This has made things tricky for marketplaces: with the volume of merchants and activity, it’s all too easy for unseemly players to undermine the marketplace (and its value to legitimate merchants) through illegal business.

EverC uses AI and automation to help eCommerce marketplaces combat this threat. It can continuously scan for, identify, and take down high-risk merchants, money laundering, and illegal or dangerous products. This helps marketplaces build customer trust, boost growth, and streamline operations - as well as steer clear of hefty non-compliance fines.

It’s an increasingly crucial tool in the eCommerce space, and it’s netted EverC the custom of some major players including JP Morgan, VISA, Amazon, and Alipay. EverC’s focus on the eCommerce sector is smart, too, as it helps the company carve off a high-performing slice of the broader anti-money laundering software market.

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Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Hybrid & remote opportunities, schedules that empower you to do your best work
  • Medical, vision, and dental insurance from day one
  • Issued equity for every employee
  • 401k matching and more
  • Generous PTO, community involvement, and employee engagement

Company values

  • Innovation - We stay ahead of trends to develop leading-edge technology through tenacity and adaptability
  • Collaboration - We work together to solve problems, offering support as well as positive and honest feedback
  • Trust - We operate with integrity and transparency. This is the foundation for all the relationships we build, inside and outside the company
  • Respect - We treat one another with respect, recognizing that our diverse perspectives have intrinsic value
  • Lifelong learning - Our team is ready to learn at every turn, creating positive impacts for ourselves, each other, our company, and the world

Funding (last 2 of 3 rounds)

Sep 2020

$35m

SERIES B

Dec 2016

$9.1m

SERIES A

Total funding: $47.5m

Leadership

Raz Abramov

(Advisor)

Originally the VP of R&D at EverC, previously worked as a software engineer at Integrity Project and Texas Instruments, and as a Researcher with the Israeli Defense Forces.

Ron Teicher

(President)

Previously held senior compliance roles at Sanctum and Watchfire, as well as serving as an Advocate in the Israeli Prime Minister's Office. Also spent time as CEO of Leap Management Solutions.

Noam Rabinovich

(Head of Market View)

Previously EverC's CTO, also completed a BSc in Computer Science at Tel Aviv University.