Company Overview
SHIELD AI Technologies Pte. Ltd. is a forefront leader in defense technology, developing advanced AI solutions for unmanned systems. Under the leadership of CEO and Co-Founder Ryan Tseng, the company is headquartered in San Diego, California, and extends its operations globally. SHIELD AI's primary mission focuses on combating online fraud and cultivating trust through its innovative device-first fraud intelligence platform.
Key Offerings
SHIELD AI's platform provides robust solutions tailored to enhance trust and mitigate fraud across various industries. These offerings include:
- Device Intelligence: A cutting-edge device fingerprinting technology designed to assess and manage device trustworthiness.
- AdShield: A specialized solution aimed at eradicating ad fraud.
- Feature AI Engine: Facilitates the analysis and management of extensive datasets for efficient fraud prevention.
Addressing diverse challenges such as fake accounts, account takeovers, referral abuse, payment fraud, identity fraud, and bot attacks, SHIELD AI serves sectors including ride-hailing, social media, e-commerce, gaming, and digital banking.
Strategic Advantages
SHIELD AI capitalizes on several strategic advantages to maintain its leadership in the field:
- Explainable Machine-Learning Algorithms: Enhances transparency by allowing clients to understand risk factors, fostering informed decision-making.
- Global Intelligence Network: Provides real-time updates on global fraud threats, ensuring clients are prepared for evolving risks.
- Plug & Play SDK: Offers seamless integration delivering instant insights without necessitating additional coding or personal data input.
Trusted Partnerships
SHIELD AI is a trusted ally to a roster of prominent clients across different sectors:
- inDrive: Leveraged SHIELD's AI technology to achieve a 13.8X ROI, emphasizing transparency and fairness in mobility.
- Atlas Reality: Uses SHIELD’s Device Intelligence to boost user trust and experience in the metaverse.
- Other partners such as TrueMoney, Baazi Games, MPL, and ZestMoney also employ SHIELD's tech to safeguard their platforms and foster growth.
Leadership Team
- Ryan Tseng: CEO and Co-Founder, previously founded notable tech ventures like WiPower.
- Andrew Dimitruk: Chief Operations Officer, formerly with McKinsey as a Consultant and Engagement Manager.
- Nathan Michael: Chief Technology Officer, formerly associated with Carnegie Mellon's Robotics Institute.
- Brandon Tseng: Co-Founder, President, and Chief Growth Officer, oversees strategic growth initiatives.
Financial Performance
SHIELD AI showcases exemplary financial growth with significant funding achievements:
- Series F Funding Round: Garnered $200 million, pushing the company's valuation to $2.7 billion as of October 2023.
- Further funding increased this to $2.8 billion, with ambitions of reaching a $5 billion valuation in future rounds, aimed at advancing defense technology innovations.
Competitor Profiling for SHIELD
SHIELD operates within the digital communications governance arena, striving to ensure secure and compliant enterprise communications. It faces competition from notable industry players across varied subdomains who offer adjacent or overlapping solutions:
Key Competitors
1. Sift: Specializes in fraud prevention with capabilities against fake accounts and large-scale fraud.
2. AppsFlyer: Known for marketing analytics and mobile attribution; overlaps in fraud detection.
3. Tableau & Qlik Sense: Compete in data visualization and business intelligence.
4. Behavox: Offers AI-driven compliance and risk management solutions.
5. Lexverify & FairWords: Focus on digital risk and communication compliance.
6. Theta Lake: Provides security solutions for platforms like Zoom and Teams.
7. SafeGuard Cyber & Relativity: Feature robust compliance and governance for communications.
8. SEON Fraud Fighters: Focuses on fraud detection and anti-money laundering.
9. Riskified: Leverages AI for e-commerce fraud protection and risk management.
10. NICE Actimize: Extensive in financial crime, risk, and compliance services.
In a marketplace characterized by dynamic threats and rapid technological evolution, SHIELD AI's innovation-driven approach and strategic positioning empower it to navigate and excel amid diverse competition.
