Riskified Ltd.

Riskified Ltd. (RSKD) priced its initial public offering on Jul 30, 2021 at $21.00 per share, above its $18.00–$20.00 range, raising $367.5M, and listed on NYSE. At the IPO price its market capitalization was about $3.31B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Credit Suisse and Barclays and others. Meitar and Latham & Watkins advised the company and Goldfarb Gross Seligman and Skadden, Arps advised the underwriters.

Riskified Ltd. provides an ecommerce risk management platform for online merchants. Its machine learning system uses a global merchant network to identify the individual behind each online interaction, helping merchants reduce fraud and operating costs.

Status

IPO

Ticker

RSKD

Exchange

NYSE

Priced

Jul 30, 2021

IPO price

$21.00

Price range

$18.00–$20.00

Raised

$367.5M

Market cap at IPO price

$3.31B

First filed

Jul 1, 2021

Underwriters

Goldman Sachs, J.P. Morgan, Credit Suisse, Barclays, KeyBanc, Piper Sandler, Truist, William Blair, Loop Capital, Ramirez & Co. and Siebert Williams Shank

Company counsel

Meitar and Latham & Watkins

Underwriters' counsel

Goldfarb Gross Seligman and Skadden, Arps

Sector

Business services

Country / state

NY

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.