BioCatch prevents financial crime by recognizing patterns in human behavior.

 

Humans interact with machines in unique and measurable ways.

Avi Turgeman arrived at this realization while serving in military intelligence. Upon completing his tour of duty, Turgeman turned his attention from cyberterrorist operations to digital fraud, co-founding BioCatch with Benny Rosenbaum in 2011.

 


BioCatch's journey

Military intelligence officer Avi Turgemen recognizes unique digital interactions can be measured to validate user identity. Using these insights, Turgeman teams up with Benny Rosenbaum and Uri Rivner to co-found BioCatch.

| 2011

2016 |

After five years of research and development, BioCatch deploys its account takeover (ATO) solution at tier-one banks in the UK, Spain, and Brazil.

BioCatch partners with its first U.S. customer to shape and deploy its account opening (AO) solution.

| 2017

2018 |

Gadi Mazor joins the company as COO, and BioCatch lands its first customer in Chile.

BioCatch partners with banks in Colombia, Australia, Peru, Mexico, Canada, and Ecuador.

| 2019

2020 |

Bain Capital leads a growth round to accelerate the expansion of BioCatch’s technology to major banks around the world. BioCatch signs its first customer in Costa Rica.

Mazor transitions to BioCatch CEO. Company adds first customers in Panama, Uruguay, and Argentina.

| 2021

2022 |

BioCatch signs first customers in India and the Dominican Republic.

Global investment firm Permira makes an initial investment in the company in Q2. In Q4, BioCatch reaches centaur status, surpassing $100 million in annual recurring revenue (ARR) and announces it has achieved EBITDA breakeven for the fiscal year.

| 2023

2024 |

Permira buys out earlier investors to become BioCatch’s majority shareholder. BioCatch launches BioCatch Trust Australia, the world's first inter-bank, behavior-based, financial crime intelligence-sharing network. Company lands its first customer in France.

BioCatch fact sheet

BioCatch’s fact sheet gives a quick snapshot of the scope and scale of what we do. This downloadable .pdf is updated quarterly (probably three weeks or so into each quarter). Below you'll find the latest as of Q1 2025.

For inquiries, media requests, and/or follow-up questions, please reach out to info@BioCatch.com.

 

View fact sheet

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