Pinch AI, a San Francisco-based e-commerce return fraud prevention startup, aims to raise a $10 million-$20 million Series A in the next two years, CEO Arthi Rajan Makhija tells Axios Pro.
Veterans from the digital payments pioneer founded Pinch AI and have raised capital for a business that detects fraudulent returns.
If Q4 is the holiday shopping season, then Q1 might be the season of returns, or, more specifically, the season of return fraud.