Unit21 Company Research Report
Company Overview
Name, Mission of the Company
- Name: Unit21
- Mission: To stop bad actors to deliver justice and safety to the world.
Founding Information
- Founded: 2018
- Founders: Trisha Kothari and Clarence Chio
Key People
- Co-Founder and CEO: Trisha Kothari
- COO: Ian Macallister
- Head of Sales: Ben Digne
- Head of Product: Kunal Datta
- Head of People Operations: Kimberly Davis
- Head of Fraud Risk: Alex Faivusovich
- Head of Customer Engagement: Emily Garza
- Head of Partnerships: Matthew Lifshotz
- Head of Legal: Neda Shapourian
- Head of Engineering: Michael Yue
- Head of Marketing: Chris Worley
Headquarters
- Headquarters: San Francisco, California, United States
Number of Employees
- No information is available
Revenue
- No information is available
Company Recognition
- Unit21 is known for providing risk and compliance infrastructure to empower teams in combating financial crimes and making data-driven decisions throughout the customer lifecycle.
Products
Product Offerings and Their Descriptions
Transaction Monitoring
- Description: Provides a holistic view of customer behavior throughout their lifecycle by leveraging diverse data sources.
- Key Features:
- 360-Degree View of Risk
- Use Data From Any Source
- Write, Test, and Deploy Rules in Minutes
- Increase Detection Accuracy and Precision
Real-Time Monitoring
- Description: Protects against real-time threats, providing proactive fraud detection and prevention.
- Key Features:
- Fast API Response Times
- Easy Integrations
- Up-Level Your Analysts
- Reduce Fraud Losses
- Whitelabel Good Customers
Case Management
- Description: Facilitates the efficient management of alerts and cases through a single comprehensive dashboard.
- Key Features:
- Streamlined Alerts
- Effortless Execution
- Customized Control
- Single-Pane View
- Visual Link Analysis
Fraud Consortium
- Description: A collaborative network providing holistic signals about end users to improve fraud detection across member organizations.
- Key Features:
- Active Member Participation
- Privacy by Design
- Holistic Risk Insights
AI Copilot
- Description: Assists analysts by illuminating key areas of investigation to optimize alert processes.
- Key Features:
- Focus areas for Investigations
Ask Your Data
- Description: AI-driven data analysis tool for transforming data into actionable insights.
- Key Features:
- Enables in-depth data exploration
Watchlist & Sanctions
- Description: Integrates ongoing screening against global sanctions and watchlists into monitoring processes.
- Key Features:
- AI-enhanced alerts for compliance
Politically Exposed Persons (PEP)
- Description: Advanced checks on PEPs, their families, and close associates to mitigate corruption and financial crime risks.
- Key Features:
- Real-time, globally sourced data
ACH Risk Score
- Description: Provides machine learning scores to assess the risk of ACH transactions.
- Key Features:
- Enables proactive blocking of high-risk accounts
Action Event Rules
- Description: Extends monitoring capacity to non-transactional actions.
- Key Features:
- Monitors login attempts, password changes, and more
Dark Web Monitoring
- Description: Alerts on suspicious activity related to stolen checks on the dark web and social media.
- Key Features:
- Proactive threat detection
Check Fraud Investigation Toolkit
- Description: Centralizes and automates check transaction investigations.
- Key Features:
- Historical deposits and image comparison
AI Agent for Investigations
- Description: Uses AI to work on alerts and reduce false positives.
- Key Features:
- Enhanced insight through AI-driven investigations
Recent Developments
New Products and Features Launched
- AI Copilot: Helps analysts by focusing investigations on key areas.
- AI Agent for Investigations: Works on alerts to reduce false positives.
- Dark Web Monitoring: Monitors dark web activity for stolen checks.
- Check Fraud Investigation Toolkit: Centralizes investigation processes for check-related fraud.
Recent Partnerships
- Alto Partnership: Enhanced safety and reduced fraud.
- Wonolo Partnership: Announced new partnership to enhance fraud operations.
Other Developments
- Series C Funding: Announced $45M Series C to bolster its offerings and expand.
- Expanding Leadership: Hired its 100th employee and onboarded new leaders across various departments.
This concludes the structured market research report for Unit21.