Riskified has announced the addition of technology leader Ravi Kumaraswami as president of global field operations.
Kumaraswami joins as the company seeks to further capitalize on its strong market position and drive future growth. During the first quarter of 2022, we reviewed $22.7 billion in gross merchandise volume (GMV) for merchants, up 20% year-over-year, and achieved record revenue in first quarter of $58.8 million.
Kumaraswami will lead Riskified’s global field operations and oversee all sales, marketing and strategic partnership efforts.
“With continued growth within our diverse customer base, the continued improvement of our machine learning platform, and the resurgence of travel, live events and other in-person activities, Ravi joins us at an exciting time. of our journey,” said Eido Gal, co-founder and CEO of Riskified. “Ravi will lead the strategy and operations of our global sales, marketing and distribution teams, and identify new opportunities and partnerships to further accelerate our growth. His vast experience and proven sales leadership will be a great asset to the team, and we are delighted to have him on our side. »
Kumaraswami brings to Riskified over 20 years of experience leading revenue generating functions. Prior to joining the company, he served as CEO of Crownpeak Technologies, a digital experience software platform provider, where he helped double revenue through strategic expansion and acquisitions while generating EBITDA. positive.
Prior to Crownpeak, Kumaraswami was Chief Revenue Officer at Lithium Technologies, where he led the team in generating more than double ARR while breaking even EBITDA, and he also served as Senior Vice President of global sales at SAP Ariba, where he oversaw the company’s growth from $450 million to $700 million in revenue during his tenure.
“Riskified’s differentiated approach to solving e-commerce fraud with its machine learning platform combined with a network of the world’s largest enterprise merchants has proven to be an impactful and scalable investment for organizations worldwide. said Kumaraswami. “The company’s 99% customer retention rate is unmatched in the industry, and as the leading publicly traded e-commerce anti-fraud solution provider, Riskified is shaping the future of e-commerce. I am thrilled to be part of such an innovative team and look forward to working together to deliver significant value to our merchants and shareholders.