Plug and Play

Plug and Play, founded in 2006 and based in Sunnyvale, California, operates as a business accelerator and venture capital firm that focuses on early-stage and seed investments in technology startups. The firm runs 12 industry-specific accelerator programs annually, connecting startups with corporate partners and investors to foster collaboration and growth. Plug and Play's investment strategy encompasses a wide range of sectors, including fintech, health and wellness, travel, cybersecurity, and sustainability, allowing it to support diverse startups from any country. The firm provides various resources, including funding, mentorship, office space, and networking opportunities, and has a global presence with offices in North America, Europe, and Asia. Plug and Play has a strong track record, having helped numerous startups secure over $9 billion in funding since its inception. Its programs aim to refine business models and facilitate introductions to potential investors, ultimately contributing to the growth of the startup ecosystem.

Saeed Amidi

Co-Founder & Co-Chief Executive Officer

Kiswana Browne

Associate

Gabriela Dow

Co-Founder and Partner

Matt Helmers

Director of Strategy and Innovation

Alex Roudi

Managing Partner, San Diego

Marc Steiner

General Counsel

Jupe Tan

Managing Partner, Asia Pacific & Senior Vice President, Global Operations

Phillip Vincent

Managing Partner, East Asia

Chen Zhao

Managing Partner, China

Past deals in Fraud Detection

DriveX Technologies

Convertible Note in 2022
DriveX is a technology partner for insurers. With the proprietary AI-assisted verification, companies can inspect vehicles remotely. Insurers save costs, reduce fraud risk and provide a better, digital customer experience. Whether selling motor insurance policies or managing claims, DriveX solutions are there to help employees and customers.

Veriply

Pre Seed Round in 2021
We help you identify payment risks and transaction errors by auditing all your invoice-based spend prior to payment. Our specialized solution allows us to make intelligent predictions and create meaningful insights from your data, helping you stay secure at all times. Proud UC Berkeley-born startup.

ForMotiv

Seed Round in 2021
Formotiv is an end-to-end platform for reducing online risk and improving customer experience. Our solution measures end user behavioral biometrics in real-time to detect future outcomes like fraud, delinquency, profitability, and abandonment as users engage with digital applications.

Nethone

Series A in 2021
Nethone is a cybersecurity firm based in Warsaw, Poland, focused on preventing fraud in remote transactions, particularly in online payment channels. Founded in 2016 by a team of data scientists, security experts, and business executives, the company employs artificial intelligence and machine learning technologies to detect and eliminate fraudulent activities, such as card-not-present fraud and account takeovers. By deep profiling online users, Nethone enables merchants to understand their customers better, ultimately enhancing the user experience and reducing friction during transactions. This risk management tool not only helps businesses protect themselves from unauthorized activities but also contributes to higher conversion rates and improved customer retention, allowing companies to develop their services more effectively.

SpeedLegal

Convertible Note in 2021
SpeedLegal helps legal and business professionals review complicated contracts in a few minutes instead of a few hours. We use a set of machine learning tools to extract useful data from bulk-uploaded contracts so users can focus on the parts that require more attention. SpeedLegal uses deep learning algorithms, entity extraction, summaries and red-flag analysis to extract useful data from documents so the end-user can assess the risk of the document without reading it line by line. We allow our users to reduce 75% of the cost of legal review and avoid making mistakes so they can focus on other high-value tasks. Our users have higher ROIs on the document review process compared to those who are not using SpeedLegal's red-flag analysis and summary report features.

AdeptDC

Venture Round in 2020
AdeptDC, Inc. is a company based in Santa Clara, California, founded in 2014, specializing in artificial intelligence-driven software for optimizing dynamic cooling in data centers. The company's mission focuses on enhancing operational efficiency by providing solutions that predict and prevent service degradation, which can lead to significant financial losses due to decreased customer retention and productivity. By leveraging AI technology, AdeptDC aims to help data center operators maintain high-quality service delivery, ultimately improving user experiences and reducing operational risks.

EvolutionIQ

Seed Round in 2019
DeepFraud Technologies Inc., doing business as EvolutionIQ, operates a predictive analytics platform for general liability, workers compensation, and group disability insurance businesses. It offers EvolutionIQ that applies AI and data collection to claims analytics for time series analytics, individualized medical processing and variation, and claim notes and natural language processing. The company’s EvolutionIQ also provides intelligent fraud and malingering detection, and predictive claim processing. The company was founded in 2018 and is based in New York, New York.

Onfido

Series C in 2019
Onfido Limited specializes in identity verification software solutions that utilize artificial intelligence to authenticate users' identities. The company’s technology verifies government-issued IDs and compares them with users' facial biometrics to determine authenticity. Onfido's services are essential for applications such as Know Your Customer (KYC), user onboarding, and fraud detection, and are utilized across various sectors including financial services, marketplaces, gaming, transport, retail, and e-commerce. With a global client base of over 1,500 organizations, Onfido assists businesses in enhancing user onboarding processes while minimizing risks. Established in 2010 and headquartered in London, Onfido has expanded its operations with offices in major cities like San Francisco, New York, and Paris, among others. The company's commitment to secure and seamless identity verification aims to transform access to services ranging from banking to hospitality.

Beam

Series A in 2019
Beam is a venture-backed regulatory technology (“regtech”) software company based in the San Francisco Bay Area. Our proprietary transaction monitoring technologies incorporate advanced machine learning and new data sources. The result? Immediate, meaningful reduction in false positives, better catch rates, and increased efficiency. Beam’s tools help our bank, credit union, and fintech customers make the financial system safer and maximize the value and utility of critical compliance resources. Beam’s end-to-end compliance solution brings new data sources and advanced machine learning models to cut false positives and enhance transaction monitoring. Our unique transparent-box approach demystifies machine learning, exposes all data sources, and is built for regulator understanding and approval. Beam is supported by an experienced group of officers, directors, advisors, and investors.

Beam

Seed Round in 2018
Beam is a venture-backed regulatory technology (“regtech”) software company based in the San Francisco Bay Area. Our proprietary transaction monitoring technologies incorporate advanced machine learning and new data sources. The result? Immediate, meaningful reduction in false positives, better catch rates, and increased efficiency. Beam’s tools help our bank, credit union, and fintech customers make the financial system safer and maximize the value and utility of critical compliance resources. Beam’s end-to-end compliance solution brings new data sources and advanced machine learning models to cut false positives and enhance transaction monitoring. Our unique transparent-box approach demystifies machine learning, exposes all data sources, and is built for regulator understanding and approval. Beam is supported by an experienced group of officers, directors, advisors, and investors.

FundGuard

Seed Round in 2018
FundGuard Inc. develops and operates artificial intelligence powered and cloud based investment funds operating system platform. It operates FundGuard, a platform that helps asset and fund managers to administer investments across mutual funds, ETFs, hedge funds, insurance, and pension. The company’s FundGuard is a SAAS platform to automatically resolve exceptions, detect unstructured financial anomalies, identify potential frauds, and recommend ways to improve operational KPIs. The company was founded in 2018 and is based in Palo Alto, California with an additional office in Tel Aviv, Israel.

MDgo

Series A in 2018
MDGo Ltd is a technology company based in Haifa, Israel, that focuses on enhancing vehicle safety and automating insurance claims through its advanced sensor technology. The company's system utilizes existing vehicle sensors to generate comprehensive reports detailing the mechanics of accidents, external and internal vehicle damages, and the nature of passenger injuries. This information is transmitted autonomously to first responders and insurers shortly after a crash occurs, allowing for timely medical intervention and efficient claims processing. MDGo's innovative solution not only aims to improve emergency response outcomes, potentially reducing road fatalities, but also offers a new revenue stream for original equipment manufacturers by streamlining the claims process for insurance companies. Founded in 2017, MDGo is positioned at the intersection of automotive technology and healthcare, providing critical data that can aid both emergency personnel and insurers.

Flux Bioscience

Seed Round in 2018
Flux Bioscience is a company that originated from Stanford University, focusing on developing a portable biosensor platform that allows for sensitive and quantitative point-of-care in vitro medical diagnostics. By repurposing technology initially designed for computer hard drives, Flux Bioscience's platform measures biomarkers in blood, urine, or saliva related to exercise, stress, fertility, and diet. The biosensor employs biochips equipped with sensors to detect specific biomarkers, facilitating the simultaneous measurement of multiple biomarkers within each sample. This technology enables real-time detection of magnetic nanoparticles through antibody-antigen interactions, providing users with accessible, affordable, and actionable health insights. By correlating these biomarker measurements with data from wearable technologies related to sleep and activity, Flux Bioscience empowers individuals to take control of their healthcare and lifestyle decisions.

Onfido

Series C in 2017
Onfido Limited specializes in identity verification software solutions that utilize artificial intelligence to authenticate users' identities. The company’s technology verifies government-issued IDs and compares them with users' facial biometrics to determine authenticity. Onfido's services are essential for applications such as Know Your Customer (KYC), user onboarding, and fraud detection, and are utilized across various sectors including financial services, marketplaces, gaming, transport, retail, and e-commerce. With a global client base of over 1,500 organizations, Onfido assists businesses in enhancing user onboarding processes while minimizing risks. Established in 2010 and headquartered in London, Onfido has expanded its operations with offices in major cities like San Francisco, New York, and Paris, among others. The company's commitment to secure and seamless identity verification aims to transform access to services ranging from banking to hospitality.

Beam

Pre Seed Round in 2017
Beam is a venture-backed regulatory technology (“regtech”) software company based in the San Francisco Bay Area. Our proprietary transaction monitoring technologies incorporate advanced machine learning and new data sources. The result? Immediate, meaningful reduction in false positives, better catch rates, and increased efficiency. Beam’s tools help our bank, credit union, and fintech customers make the financial system safer and maximize the value and utility of critical compliance resources. Beam’s end-to-end compliance solution brings new data sources and advanced machine learning models to cut false positives and enhance transaction monitoring. Our unique transparent-box approach demystifies machine learning, exposes all data sources, and is built for regulator understanding and approval. Beam is supported by an experienced group of officers, directors, advisors, and investors.

Flowcast

Seed Round in 2016
Flowcast Inc. is a technology company that focuses on developing machine learning algorithms to create predictive models for assessing credit risk. Founded in 2015 and based in San Francisco, with an additional office in Singapore, Flowcast offers several solutions, including Smartcredit, which provides detailed company information for credit decisions; Smartclaims, which automates the deduction claims process; and Tillful, a platform that offers credit scores and access to credit offers. The company's predictive models evaluate a business's ability to repay loans, the risk of delinquency, and the likelihood of transaction dilution. By utilizing alternative data and proprietary analytics, Flowcast's API-based solutions enable financial institutions to perform real-time risk assessments, enhancing their ability to make informed credit decisions across various business sizes. Flowcast serves a diverse clientele, including corporations, financial institutions, and insurance providers.

Beam

Pre Seed Round in 2016
Beam is a venture-backed regulatory technology (“regtech”) software company based in the San Francisco Bay Area. Our proprietary transaction monitoring technologies incorporate advanced machine learning and new data sources. The result? Immediate, meaningful reduction in false positives, better catch rates, and increased efficiency. Beam’s tools help our bank, credit union, and fintech customers make the financial system safer and maximize the value and utility of critical compliance resources. Beam’s end-to-end compliance solution brings new data sources and advanced machine learning models to cut false positives and enhance transaction monitoring. Our unique transparent-box approach demystifies machine learning, exposes all data sources, and is built for regulator understanding and approval. Beam is supported by an experienced group of officers, directors, advisors, and investors.

Onfido

Series B in 2016
Onfido Limited specializes in identity verification software solutions that utilize artificial intelligence to authenticate users' identities. The company’s technology verifies government-issued IDs and compares them with users' facial biometrics to determine authenticity. Onfido's services are essential for applications such as Know Your Customer (KYC), user onboarding, and fraud detection, and are utilized across various sectors including financial services, marketplaces, gaming, transport, retail, and e-commerce. With a global client base of over 1,500 organizations, Onfido assists businesses in enhancing user onboarding processes while minimizing risks. Established in 2010 and headquartered in London, Onfido has expanded its operations with offices in major cities like San Francisco, New York, and Paris, among others. The company's commitment to secure and seamless identity verification aims to transform access to services ranging from banking to hospitality.

Deep Relevance

Seed Round in 2016
Deep Relevance Inc. is a technology company based in Sunnyvale, California, specializing in internal fraud monitoring solutions. The company offers an AI-driven behavior and relationship analytics platform designed to prevent both individual and collusive fraud across various applications. Its platform is utilized in procurement to identify issues like conflicts of interest and fraudulent invoices, in accounts receivable to detect fictitious accounts and sales discrepancies, and in travel and expense management to uncover inflated or duplicate claims. As of October 2017, Deep Relevance operates as a subsidiary of Coupa Software Incorporated, enhancing its capabilities in fraud detection and prevention.

DRAFT

Venture Round in 2016
Draft offers a modern suite of analytics and communication tools built to help wealth advisors win and retain assets. With their new tool, Draft Insights, an advisor is able to quickly and securely gain access to account data and analyze the holistic portfolio of a client or prospect regardless of where the assets are held. Draft Insights is designed to surface opportunities for the advisor such as high fees, unnecessary risk, poor performance, diversification gaps and low quality products. The advisor can use this actionable insight to win new clients suffering from poor portfolio management, or to build trust with existing clients. Since Draft was built to analyze millions of portfolios simultaneously, Draft Insights offers even greater potential for financial institutions at scale across an entire user base. The proprietary technology can analyze data for advised accounts or leverage data from aggregation services like Yodlee and ByAllAccounts. Compelling use cases include: DoL fiduciary compliance and liability analysis, targeted and automated marketing campaigns, and integration with customized portfolio checkup tools.

Bouju

Convertible Note in 2015
Bouju, Inc. specializes in Software-as-a-Service brand protection solutions designed to help organizations identify and combat online infringements globally. Founded in 2011 and headquartered in Los Angeles, California, Bouju offers a suite of tools that include Identify, which gathers and analyzes extensive online data to detect and prioritize brand infringements; Assess, which delivers evaluations of potential damages and losses due to infringements; and Enforce, which allows clients to implement tailored enforcement actions. The company focuses on protecting high-profile brands from unauthorized counterfeiters, helping them maintain their market share and brand integrity in an increasingly challenging digital landscape. Bouju is committed to leveraging advanced technology to address the complex issues faced by brands and their consumers in the online marketplace.

Predikt

Seed Round in 2014
Predikt's Talent Acquisition platform helps Enterprises quickly Identify and Acquire talent, esp for large scale hiring needs.

Bouju

Convertible Note in 2014
Bouju, Inc. specializes in Software-as-a-Service brand protection solutions designed to help organizations identify and combat online infringements globally. Founded in 2011 and headquartered in Los Angeles, California, Bouju offers a suite of tools that include Identify, which gathers and analyzes extensive online data to detect and prioritize brand infringements; Assess, which delivers evaluations of potential damages and losses due to infringements; and Enforce, which allows clients to implement tailored enforcement actions. The company focuses on protecting high-profile brands from unauthorized counterfeiters, helping them maintain their market share and brand integrity in an increasingly challenging digital landscape. Bouju is committed to leveraging advanced technology to address the complex issues faced by brands and their consumers in the online marketplace.

Clicktree

Seed Round in 2014
We analyze the traffic logs and apply machine learning algorithms to track web scraping activity. Then we help you understand your web traffic such as who's using your data and the rate at which they are scraping your site. From there we identify potential partners and offer them an API, while blocking unauthorized bot activities on your website.

CyberFlow Analytics

Seed Round in 2013
CyberFlow Analytics is a cybersecurity firm based in San Diego, California, with additional offices in Silicon Valley. The company specializes in developing FlowScape software, which provides continuous threat assessment and monitoring for enterprise security and the Industrial Internet of Things. Utilizing unsupervised machine learning and behavioral analytics, CyberFlow focuses on detecting Advanced Persistent Threats (APTs) and cyber breaches. The company has introduced the concept of "anomalytics," emphasizing real-time network anomaly detection through advanced analytics. CyberFlow Analytics is led by a seasoned management team, including Dr. Hossein Eslambolchi, Tom Caldwell, and Louie Gasparini.

NameDepot.com

Seed Round in 2009
NameDepot.com provided a service which offered to unmask obscured WHOIS records