Corgi Labs is a company that provides AI-driven fraud prevention solutions for the e-commerce and travel sectors. Founded in 2022 by Saif Farooqui, Corgi Labs is based in Beaverton, United States and Singapore.
Corgi Labs offers an end-to-end suite of tools designed to detect and prevent payment fraud. Their core offerings include analytics to monitor dispute and fraud metrics, an AI product that flags suspicious transactions, and customizable AI-driven rules for integration with payment platforms like Stripe, Shopify, and Adyen. Corgi Labs utilizes machine learning algorithms to detect and predict fraud. Their platform analyzes model performance with metrics and benchmarks, providing risk insights and real-time data analysis.
Corgi Labs' AI-powered payment acceptance model helps businesses reduce false declines, block fraud, and increase revenue. They offer tiered software systems with payment and fraud dashboards, enabling enterprises to optimize transactions through AI-powered analytics and expert support across different revenue segments. Corgi Labs' solutions integrate with existing payment systems, offering centralized analytics, fraud monitoring, alerts, and weekly summary reports.
Corgi Labs has raised a total funding of $4.08M over 2 rounds. Their investors include Y Combinator and Epic Angels. Corgi Labs' mission is to transform more payments into revenue by optimizing and securing transactions. They aim to help merchants proactively reduce dispute and fraud rates, enhancing overall revenue and customer trust. Corgi Labs competes with companies like ComplyAdvantage, IDfy, and Quantexa.
