FingerprintJS Secures $4M to Combat Online Fraud with Browser Fingerprinting Tech

Chicago-based entrepreneur Dan Pinto has successfully raised $4 million to commercialize FingerprintJS, an innovative browser fingerprinting technology designed to tackle one of the web’s most persistent challenges: fraud prevention. The startup, launched in January 2020, builds upon a popular open-source project with over 5 million downloads and 8,000 active websites.

What Makes FingerprintJS Unique?

FingerprintJS leverages advanced techniques like:

  • Canvas fingerprinting
  • Audio sampling
  • WebGL fingerprinting
  • Font detection
  • Browser plugin probing

Unlike traditional methods, it generates a unique browser identifier without cookies, allowing companies to track user behavior while maintaining privacy compliance.

From Open-Source to Commercial Success

The technology originated five years ago as an open-source project by Valentin Vasilyev, who later collaborated with Pinto after working together at Machinio (sold in 2018). The duo officially launched FingerprintJS as a business in early 2020.

“The open-source community was pivotal to our success thus far,” said Vasilyev. “We’ll continue selling to developers first—they recognize our product’s effectiveness in stopping fraud.”

Funding and Industry Backing

The $4M funding round was led by Nexus Venture Partners, with participation from:

  • Hack VC
  • Entrepreneur Roundtable Accelerator’s Remarkable Ventures
  • Angel investors including Rony Kahan (Co-founder of Indeed)

Abhishek Sharma of Nexus Venture Partners highlighted: “FingerprintJS enables developers to embed fraud detection seamlessly—a game-changer in a market reliant on enterprise sales.”

Navigating Regulatory Challenges

While GDPR and browser restrictions (Chrome/Firefox/Safari) pose hurdles, CEO Dan Pinto remains confident:

“We’re disrupting fraud prevention like Stripe did for payments. Instead of scoring visitors, we uniquely identify malicious users—solving the root problem.”

Why This Matters

As online fraud evolves, FingerprintJS offers a developer-first solution combining open-source credibility with enterprise-grade capabilities. Its success could redefine how businesses approach digital security in a privacy-conscious era.


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