Riskified is an AI-powered fraud prevention platform for online merchants. Its core product, Chargeback Guarantee, is used by substantially all customers and accounts for roughly 90%+ of revenue. When Riskified approves a transaction, it guarantees that decision — if an approved order turns out to be fraudulent and results in a chargeback, Riskified reimburses the merchant. This liability transfer is central to the product: merchants outsource not just the fraud decision, but the financial risk of getting it wrong. Riskified's machine learning models analyze hundreds of attributes per transaction, drawing on billions of historical transactions across its global merchant network to make real-time approve/decline decisions. Revenue is charged as a percentage of approved GMV, with higher take rates for riskier merchants or geographies. Because Riskified absorbs chargeback losses on approved transactions, gross margin improves as its models get more accurate. Riskified targets enterprise merchants generating over $75M in annual online sales, with notable customers including Macy's, SHEIN, Nintendo, and TripAdvisor. Beyond Chargeback Guarantee, Riskified offers Policy Protect (return and promotion abuse prevention), Account Secure (account takeover prevention), Dispute Resolve (chargeback management), and Adaptive Checkout (dynamic friction). Multi-product adoption grew roughly 50% in 2025. Riskified sells directly through an enterprise sales force and also reaches smaller merchants via Shopify, Salesforce Commerce Cloud, and AWS Marketplace integrations.