Frasco

Name

Frasco

Legal name

Frasco, Inc.

Website

https://frasco.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Investigative Services

NAICS

Investigation and Personal Background Check Services (561611)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Fraud, Waste & Abuse (FWA) Detection & SIU Support (BPAAAFAH)

akta.pro secondary industries

Due Diligence & Investigative Research (BPAHALAI), Claims Management & Digital FNOL Platforms (FSAGAGAC)

Keywords

• Insurance claims investigations
• Surveillance investigations
• Fraud detection services
• Mortgage risk mitigation
• Workplace investigations

Headquarters

HQ city

Burbank

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Investigation Services: B2B professional services charging per investigation or assignment. Services include surveillance, interviews, background checks, research investigations, and specialty services. Clients include insurance carriers, TPAs, self-insured employers, law firms, government agencies, and school districts.
2. Mortgage Risk Mitigation Services: Single-area research at predictable flat rates, with expansion to hourly basis for deeper analysis across multiple research areas. Services include occupancy investigations, employment verification, asset verification, and field investigations for mortgage lenders and investors.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Frasco is a licensed private investigation firm that delivers nationwide investigative services for insurance claims, government programs, mortgage risk, education residency, legal proceedings, and workplace matters. Assignments are staffed by licensed investigators across all 50 states and supported by an in-house SOC 2 Type II compliant case-management platform enhanced with the FrascoIQ AI tool for real-time case synthesis and fraud red-flag detection. Core offerings span surveillance, recorded interviews, background research, document authentication, and credibility analysis, packaged into dedicated service divisions for each client vertical.

Product overview

Frasco Investigative Services is a comprehensive investigative services platform offering a multi-division portfolio of specialized investigation solutions. The core offering spans insurance claims investigations (including disability, workers' compensation, and liability), government investigation services (FGS), mortgage risk mitigation (FMRM), district residency investigations (FDRI), integrated legal and business research (FIR), and workplace investigations (FWI). These are supported by foundational surveillance, interview, and research investigation services. The platform is differentiated by Frasco IQ, an AI-powered investigative intelligence tool that synthesizes case data from multiple investigation types into real-time summaries with natural language chat and NICB-aligned fraud detection. Additional AI features include Document Authentication and Credibility Analysis for claims review. The company operates the Proof in Motion surveillance video library and provides continuing education webinars. Frasco serves insurance carriers, TPAs, law firms, government agencies, mortgage companies, school districts, and businesses across the United States through hundreds of licensed investigators.

Differentiator

Problem solved

Functional benefit

Brands

• FrascoIQ: A groundbreaking responsible AI tool that provides investigative query capabilities, offering real-time case summaries and interactive chat for case-related investigation reports.

Products and services

• Insurance Claims Investigations Full-spectrum investigation services for insurance carriers, TPAs, and self-insured employers covering disability, workers' compensation, liability, surveillance, and subrogation; sectors served include self-insureds, hospitality, psyche claims, warehouse, transportation, and construction.
• Government Investigation Services (FGS) Comprehensive investigation services for federal agencies including FECA claims investigations, fraud detection, surveillance coordination, administrative investigations, and OWCP case management support; delivered under government contract vehicles.
• Mortgage Risk Mitigation (FMRM) Investigative services for mortgage lenders, servicers, insurers, and investors, including occupancy investigations, employment and income verification, asset review, and desktop and field investigations for pre-funding and post-closing QC requirements.
• District Residency Investigations (FDRI) School district residency verification services including Quick Scan database reviews, Remote Observational Camera (ROC) surveillance, investigator-led surveillance, and desktop research to verify student residency claims and prevent enrollment fraud.
• Integrated Research (FIR) Legal and business intelligence consulting for law firms and corporations, including litigation support, due diligence, background investigations, surveillance, social media investigations, asset searches, and jury research.
• Workplace Investigations (FWI) Internal workplace investigation services for employers covering harassment, discrimination, theft, drug abuse, workplace violence, fraudulent workers' compensation claims, and physical security analysis.
• Surveillance Investigations Subject monitoring services including direct surveillance, preliminary surveillance, activities checks, and Remote Observational Camera (ROC) surveillance using covert camera placement for discreet observation.
• Interview Investigations Recorded interview services for subject and witness interviews, post-investigation interviews, medical provider reviews (MPVR), clinic inspections, scene investigations, and AOE/COE investigations.
• Research Investigations Desktop and database research services including background checks (foundational, custom, business), SCORE investigations, social media investigations, medical and pharmacy canvasses, asset searches, work checks, vehicle sightings, and record retrieval.
• SIU Program Management Programmatic solution for organizations' Special Investigation Unit requirements, providing structured fraud detection and investigation management capabilities.
• Vendor Management Managed vendor services allowing Frasco to oversee external investigation providers on behalf of clients, ensuring quality standards are maintained.
• FrascoIQ AI-powered investigative intelligence platform that synthesizes information from multiple investigation reports in real time, supports natural-language Q&A on case data, and applies NICB-aligned red-flag detection to surface fraud indicators across case files.
• Document Authentication AI-driven document analysis service that validates the integrity of claim documents by identifying signs of alteration, inconsistencies, and potential manipulation within supporting records.
• Credibility Analysis AI-powered evaluation of interview transcripts that detects linguistic cues, behavioral patterns, and contextual inconsistencies to assess subject credibility and flag potentially deceptive responses.
• Continuing Education Webinars Free continuing education webinars for insurance claims professionals providing CE credits, covering investigation strategy, documentation, ethics, and evidence-based claim decisions.
• Proof in Motion Surveillance Library Surveillance video library showcasing real investigation footage from Frasco cases, demonstrating surveillance techniques and evidence documentation for insurance and legal claims.

Quantifiable outcome

• Full-day surveillance produces video 46% more often than half-day surveillance, with nearly 9x more video footage
• +3 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• Nathe & Nathe InvestigationscoreStrategic or Co-development Partner · 1 April 2026Acquisition of Nathe & Nathe Investigations to expand investigative and intelligence service capabilities.
• Elite Detective ServicescoreStrategic or Co-development Partner · 5 June 2024Acquisition of Elite Detective Services, a private investigation company, to expand geographic coverage and service offerings in the United States. The acquisition aims to enhance client capabilities, incorporate cutting-edge solutions, and reinforce industry standards.
• Defense Investigators Group (DIG)coreStrategic or Co-development Partner · 23 August 2023Acquisition of Defense Investigators Group, a nationwide investigation services provider, to strengthen position in the insurance claim investigation industry. Expected to enhance service quality, leverage technological innovation, and expand geographic coverage for clients in insurance, government, and federal sectors.
• Titan Investigative Alliance, LLCcoreStrategic or Co-development Partner · 18 January 2022Acquisition of Titan Investigative Alliance, a well-respected private investigation firm, to expand service capabilities and geographic reach.
• OSS InvestigationscoreStrategic or Co-development Partner · 10 April 2019Acquisition of OSS Investigations as part of expansion strategy in the insurance investigation industry, adding capabilities and coverage.
• SIU Central InvestigationscoreStrategic or Co-development Partner · 17 July 2018Acquisition of SIU Central Investigations to expand service offerings and strengthen position in the insurance investigation market.

Scale indicators6 records

Direct peers

• Pinkerton Consulting & Investigations: One of the largest corporate investigations and security firms in the world, providing insurance fraud and SIU support, surveillance, background checks, and due diligence to enterprise clients—directly overlapping with Frasco's core offerings and customer segments (insurers, corporations, law firms).
• J.S. Held: Consulting and investigative services firm with dedicated insurance claims investigations and fraud practice areas, offering surveillance, interviews, and research services to insurance carriers and law firms—directly overlapping with Frasco's Investigations.
• Atlas Investigations: Regional U.S. investigative firm providing insurance fraud and workers' compensation investigations, surveillance, and background checks—competing head-to-head with Frasco on insurance carrier accounts.
• Kroll: Global investigations, risk, and advisory firm that operates a sizable insurance claims investigations and SIU practice alongside corporate due diligence and litigation support—closely comparable in service breadth and enterprise client base to Frasco.
• Control Risks: Global risk consultancy with a corporate investigations practice covering due diligence, fraud, and integrity issues for corporations, governments, and law firms—comparable to Frasco's Integrated Research and business intelligence offerings.
• Nardoni Group: U.S. investigation firm specializing in insurance claims investigations, workers' compensation surveillance, and SIU support, serving many of the same insurance carrier and TPA customers as Frasco.
• Guidepost Solutions: Provides corporate investigations, insurance claims and SIU investigations, background checks, and due diligence, serving many of the same enterprise clients as Frasco including insurers, law firms, and government entities.

Emerging players

• Shift Technology: AI-native insurance fraud detection and claims automation platform whose SIU Fraud Detection product targets the same insurance investigation workflow that Frasco's field investigators and FrascoIQ AI support—an emerging technology peer that could either compete with or feed volume to Frasco.

Broad incumbents

• G4S (now Allied Universal): Large incumbent security services conglomerate with a corporate investigations and background-screening practice; broader focus than Frasco but overlaps in insurance, employer, and government investigations.
• HireRight: Major background-check and workforce due-diligence provider serving enterprise and insurance clients; comparable to Frasco on the research/background-investigation side, though more technology-led and less surveillance-oriented.

Market position

Strengths5 records

Weaknesses5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@frascogroup
• Facebookfacebook.com/frasco-inc-173764099350426
• LinkedInlinkedin.com/company/frasco-investigative-services
• Instagraminstagram.com/frascogroup
• TikToktiktok.com/@frascogroup
• Xx.com/frascoinc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Frasco