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Pindrop provides voice authentication and security solutions mainly for financial institutions and consumers. It uses a person’s unique voice to verify identity without security questions, helping prevent fraud from spoofed calls. The system analyzes voiceprint data and call or app session information to verify who is speaking and can be embedded into mobile apps and smart devices for hands-free access. Its goal is to reduce fraud and operational friction for banks, insurers, and brands by offering a safer, smoother verification method.
Industries
Enterprise Software
Cybersecurity
AI & Machine Learning
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$402.9M
Headquarters
Atlanta, Georgia
Founded
2011
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Total Funding
$402.9M
Above
Industry Average
Funded Over
8 Rounds
Competitive Compensation
Remote First Culture
Unlimited Paid Time Off
Home Office Allowance
Personal Development
Wellness and Focus Days
Competitive 401(k) Match
Variety of Health, Vision and Dental Plans
Collaborative Culture
Pindrop has launched BotStopper technology to detect AI voice agents and automated callers in real time. The standalone offering is built on Pindrop's Pulse deepfake detection engine and includes a registry of over 5,000 AI voices. In one Fortune 500 healthcare deployment, the technology reduced bot activity by 94.3% within four months after identifying more than 30,000 bot calls. Pindrop research found AI-powered attacks increased nearly 1,680% since late 2024 across over 700 million customer interactions. The company also introduced the AI Voice Consortium and expanded its Pulse technology to virtual meetings and hiring platforms. BotStopper is available as a standalone product to enterprises across industries. Pindrop is trusted by 14 of the top 20 US banks and serves major healthcare and insurance providers.
Eltropy expands voice authentication ecosystem with Illuma, IDgo, and Pindrop. Eltropy, providers of an agentic artificial intelligence and conversations platform for credit unions and community banks, has partnered with Illuma, IDgo and Pindrop to help credit unions and community banks modernize identity verification across consumer interactions. Eltropy's expanded authentication ecosystem gives credit unions and community banks flexible, layered identity verification options embedded directly into conversational workflows across consumer interactions. The partnerships help institutions strengthen fraud prevention, improve consumer experience, and build trust across both human and AI workflows. The Eltropy platform now supports the following authentication approaches: * Illuma provides passive voice security combining voice biometrics, fraud risk scoring, adaptive multifactor authentication, and collaborative intelligence during member conversations. * Pindrop adds voice security, fraud detection, spoofing protection, and authentication intelligence across voice interactions. * IDgo enables trusted device-based authentication using native device verification methods. * Existing support for OTP and document verification remains available within the Eltropy platform. "Financial interactions are ultimately about trust," said Abhishek Tiwari, chief product officer of Eltropy, in a statement. "Members increasingly expect interactions that are fast, intuitive and secure, without being forced through outdated verification experiences. By embedding flexible authentication options directly into the Eltropy platform, we're helping credit unions and community banks strengthen fraud prevention, reduce friction, and build the trusted foundation needed for both human and generative and agentic AI-powered experiences." "Voice fraud has evolved far beyond traditional authentication challenges, forcing financial institutions to rethink how they secure every conversation," said Milind Borkar, founder and CEO of Illuma, in a statement. "IllumaSHIELD delivers a modern voice security approach that combines passive voice authentication, deepfake detection, adaptive MFA, and real-time fraud intelligence into a single platform. With the simplicity of passive end user enrollment regardless of calling device, paired with the fastest-to-deploy voice security solution in the industry, financial institutions routinely report deployment in days and record-breaking adoption metrics. Financial institutions reduce verification time by up to 95 percent, lower average handle time by over 80 seconds per call, and strengthen protection against increasingly sophisticated AI-driven attacks, all while delivering a faster, more seamless customer experience." "Financial institutions are looking for stronger authentication that does not burden members or frontline teams," said Rocky Scales, CEO of IDgo, in a statement. "Device-based authentication helps establish persistent trust while improving both security and member experience across communication channels." "Trusted authentication is becoming foundational infrastructure for AI-powered customer engagement," said Bucky Wallace, chief revenue officer of Pindrop, in a statement. "Through our work with Eltropy, financial institutions can layer advanced voice authentication, fraud detection, and spoofing protection into member interactions to help build confidence, security, and trust in real-time digital interactions."
FICO has partnered with Pindrop to integrate AI-powered fraud detection into the FICO Platform. The agreement embeds Pindrop Protect to deliver real-time, multi-signal fraud intelligence for financial institutions, including deepfake detection and consortium intelligence within FICO decisioning workflows. The collaboration positions FICO as an orchestration layer for high-risk interactions such as account opening, wire transfers and call centre authentication. By hosting Pindrop Protect in the FICO Marketplace, the company aims to make advanced fraud controls function as a plug-in for banks and telecoms. The partnership expands FICO's role beyond credit scoring into voice, device and behavioural signals, adding another data-rich partner alongside existing arrangements with AWS and Plaid.
Pindrop Fraud Assist uses AI to analyze calls and strengthen fraud prevention. Pindrop has announced Pindrop Protect Fraud Assist, the agentic fraud investigation and case management solution for real-time phone conversations. As AI fraud attacks surge across contact centers, Pindrop Protect Fraud Assist embeds agentic AI directly into the fraud investigation workflow, helping analysts investigate smarter, close cases faster and keep pace with rising fraud volumes, without adding headcount. As an AI assistant to the fraud analyst, the agent delivers real-time call summaries, deep risk insights and voice intelligence to accelerate investigations. It enables faster evidence review with playback speed control and automatically generates case documentation, seamlessly integrated within a single fraud investigation workflow. "Fraud Assist has transformed how our team investigates fraud cases," said Steve Furlong, Director of Fraud Management at FNBO. "The ability to leverage generative AI to translate and summarize phone calls and get deeper fraud insights has helped our team resolve cases faster and more accurately. Fraud Assist is helping our team handle significantly more fraud cases without additions to staff. Pindrop is applying AI where it delivers real operational impact." According to Pindrop's Inside the 2025 AI Fraud Spike report, AI fraud surged 1,210% in 2025, outpacing traditional fraud growth. Trust models built on human perception and static credentials are under pressure. AI-driven fraud attacks are accelerating across financial services, fintech, insurance, retail, healthcare and other high call volume industries. Fraud analysts are facing growing case backlogs, tighter SLA windows and increasingly sophisticated fraud tactics. Investigations often require repeated call listening, manual note-taking, cross-referencing disconnected systems and piecing together fragmented risk signals. The result: slower resolutions, operational strain and higher fraud exposure. As generative AI fraud is projected to reach $40 billion in the U.S. by 2027, enterprises are rethinking how fraud investigations are conducted in real time. "Fraudsters are weaponizing AI at scale. Fraud teams can't fight tomorrow's threats with yesterday's tools," said Nicholas Holland, Chief Product Officer, Pindrop. "We're embedding agentic AI directly into the fraud investigation process, driven by real risk signals - so organizations can accelerate investigations, improve accuracy and scale operations more efficiently." Early customer results show strong impact. FNBO achieved a 50% improvement in fraud case disposition accuracy using Fraud Assist. Across beta customers, analyst efficiency increased by up to 70% on average. Together, these gains could help organizations save an average of $1 million annually through operational efficiencies and fraud-loss avoidance. From legacy workflows to agentic AI. One of Fraud Assist's first customers, First National Bank of Omaha (FNBO), joined forces with Pindrop to modernize its fraud investigations with Fraud Assist, delivering transformative impact by: * Reducing case investigation time by 35-40% * Increasing fraud analyst accuracy by 50% * Increasing case productivity by 42% without additional headcount Fraud Assist was adopted across teams, embedding real-time AI insights directly into daily workflows within the Protect platform. By transforming legacy investigations into a faster, AI-powered operation, FNBO has avoided millions in fraud losses while delivering a best-in-class customer experience. Pindrop Protect Fraud Assist helps enterprises modernize contact center fraud investigations, improve case accuracy and strengthen operational resilience, all within a unified, AI-powered workflow. More about
Pindrop has launched Protect Fraud Assist, the first agentic fraud investigation and case management solution for real-time phone conversations. The platform embeds AI into fraud investigation workflows, delivering real-time call summaries, risk insights and automated case documentation. First National Bank of Omaha reported a 40% reduction in case investigation time and 50% increase in analyst accuracy using the technology. Early adopters have seen 50% accuracy improvements and 70% efficiency gains on average. The launch responds to surging AI-driven fraud, which Pindrop reports increased 1,210% in 2025. Generative AI fraud is projected to reach $40 billion in the US by 2027. The solution targets financial services, fintech, insurance, retail and healthcare sectors facing growing case backlogs and sophisticated fraud tactics.
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Industries
Enterprise Software
Cybersecurity
AI & Machine Learning
Financial Services
Company Size
201-500
Company Stage
Debt Financing
Total Funding
$402.9M
Headquarters
Atlanta, Georgia
Founded
2011
Find jobs on Simplify and start your career today