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Transaction Security

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Selected Company Profiles<br />

Company Profile: BillGuard<br />

Products & Services Overview<br />

Landscape Category(s)<br />

Consumer Protection<br />

CEO:<br />

Company Overview<br />

Yaron Samid<br />

BillGuard uses crowdsourcing to detect fraud<br />

and overspending patterns that banks and<br />

consumers regularly miss and has become the<br />

world’s #1 transaction monitoring app<br />

Collaborative Fraud and<br />

Risk Management<br />

Solutions<br />

Headquarters:<br />

New York City, NY<br />

Founded: 2010<br />

• BillGuard provides personal finance security from<br />

unwanted charges including hidden fees, billing errors,<br />

scams and fraud on credit card bills<br />

• The Company’s specialties are personal finance security,<br />

credit monitoring, market data analytics, and surveillance<br />

• Has partnerships with world-class identity-theft and fraud<br />

analytics firms such as Experian and CSID to boost<br />

security for added protection.<br />

• BillGuard has raised approximately $16.5 mm through 3<br />

rounds of funding<br />

Selected Financing / M&A <strong>Transaction</strong>s<br />

Date $ mm Type Commentary<br />

08/10/14 $3 Financing<br />

10/18/11 10 Financing<br />

02/02/11 3 Financing<br />

Secured financing from<br />

undisclosed investors<br />

Secured financing from<br />

Bessemer Venture Partners,<br />

IA Ventures, Innovation<br />

Endeavors, Khosla Ventures<br />

and The Founders Fund<br />

Secured financing from<br />

Bessemer Venture Partners<br />

and IA Ventures<br />

Source: Company website, FT Partners proprietary database, Capital IQ, Crunchbase.<br />

Track<br />

• Tracks charges, showing consumers where<br />

they’ve shopped<br />

• Alerts the cardholder when a card is used<br />

away from normal patterns<br />

• Allow consumers to manage all of their<br />

accounts in one place<br />

Protect<br />

• Sends suspicious charge alerts and provides<br />

details on merchants when they do not<br />

recognize a charge<br />

• BillGuard has also found and returned over<br />

$60 mm in wrongful charges<br />

Save<br />

• Track spending patterns to search for<br />

coupons that can lower monthly bills<br />

• The platform also introduces consumers to<br />

new products and services that are<br />

complementary to their spending habits<br />

59

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