(Bloomberg) -- Riskified Ltd., a company that specializes in e-commerce fraud prevention, is exploring a U.S. initial public offering as soon as this year, according to people with knowledge of the matter.

The startup is working with Goldman Sachs Group Inc. on a potential listing, said the people, who asked not to be identified because the talks are private.

Riskified hasn’t made a final decision on pursuing an IPO and its plans could still change, the people said. A representative for Goldman Sachs declined to comment.

“We are constantly exploring ways in which Riskified can grow, for the benefit of its customers and employees,” a spokesperson for Riskified said in an emailed statement. “The company does not comment on its financial or growth plans.”

Riskified works with retailers including Canada Goose Holdings Inc., Prada SpA, Gymshark Ltd. and Wayfair Inc., its website shows.

The company, led by Chief Executive Officer Eido Gal, started in Israel and is now based in New York.

Riskified raised funding in 2019 from investors including General Atlantic, Fidelity Management & Research and Winslow Capital in a round that valued it at more than $1 billion. Other investors in the company include Qumra Capital, Pitango Venture Capital and Entree Capital.

©2021 Bloomberg L.P.