General Atlantic Leads Series E Funding Round for Riskified

Paul, Weiss is advising General Atlantic in leading a $165 million Series E funding round for Riskified, a payments and fraud-prevention solutions provider, giving the company a valuation of more than $1 billion. The proceeds will be primarily used to more rapidly scale Riskified’s business domestically and internationally and to expand its product footprint.

The Paul, Weiss team includes corporate partners Matthew Abbott and Christopher Cummings and counsel Daniel Layfield; tax partners Lindsay Parks and Patrick Karsnitz; intellectual property partner Chuck Googe; litigation partner Roberto Gonzalez; real estate partner Peter Fisch; employee benefits partner Lawrence Witdorchic; and antitrust counsel Marta Kelly.