Greenlite AI raised $15 million in Sequence A funding led by Greylock to broaden its agentic AI platform for compliance automation in monetary providers.
The corporate’s AI brokers automate KYC, AML, and sanctions workflows whereas embedding regulatory steering into each course of through its proprietary Belief Infrastructure.
Prospects like Ramp, Betterment, and Mercury report 3x to 4x ROI inside 12 weeks, as Greenlite helps them scale compliance efforts with out including headcount.
Agentic AI platform for monetary providers Greenlite AI has raised $15 million in Sequence A funding this week. Led by Greylock, the funding brings the San Francisco-based firm’s whole raised to $20 million. Thomson Reuters, Canvas Prime, Y Combinator, and different angel traders additionally participated.
Greenlite was based in 2023 to assist monetary providers corporations automate handbook work. The corporate’s screening alerts, transaction monitoring alerts, buyer due diligence, and enhanced due diligence instruments assist automate Know Your Buyer (KYC), Anti-Cash Laundering (AML), and sanctions compliance. Greenlite’s AI brokers additionally handle alert triage, buyer threat scoring, and transaction monitoring to unlock compliance groups to deal with proactive threat administration, regulatory technique, and buyer perception.
These options are constructed round its Belief Infrastructure, a system that embeds US federal banking regulatory steering into each AI agent. The system permits automated workflows to fulfill strict necessities for validation, testing, and accuracy, which permits companies to scale their AI-based employees members.
“With regulatory strain mounting and margins tightening, compliance groups can’t preserve throwing headcount on the drawback,” mentioned Greenlite AI CEO and Co-Founder Will Lawrence. “They want automation that’s not simply highly effective, however accountable. That’s precisely what Greenlite AI delivers—AI brokers constructed on a basis of regulatory belief, able to tackle the entrance traces of economic crime and compliance.”
Greenlite will use the brand new funding to scale its Belief Infrastructure, which it anticipates will grow to be the business normal for generative AI accuracy and mannequin validation. The funds may even be used to put money into new agent archetypes, broaden the corporate’s regulatory presence, and develop its groups to onboard extra purchasers.
With Greylock’s backing, Greenlite shall be amongst a portfolio of recent AI and infrastructure startups. The funding underscores present investor confidence in agentic AI’s position in enterprise compliance. “Greenlite AI’s brokers are decreasing the handbook burden on compliance groups, and their unparalleled accuracy helps organizations scale with out including headcount,” mentioned Greylock Associate and Greenlite AI Board Member Seth Rosenberg. “It’s a privilege to be companions to Will and crew, and we’re proud to double down on our help of the corporate as they elevate the bar for what reliable compliance seems to be like in immediately’s AI period.”
As monetary establishments face rising regulatory scrutiny, evolving typologies of economic crime, and a scarcity of certified compliance employees, many are overwhelmed by the amount of alerts and handbook evaluation necessities. Greenlite AI goals to handle this operational pressure by embedding intelligence immediately into compliance workflows. The corporate studies that its purchasers see a 3x to 4x return on funding inside simply 12 weeks, pushed by lowered handbook workload and sooner case decision. Amongst Greenlite’s clients are Ramp, Mercury, Betterment, Gusto, RSM UK, and a number of US banks.
Photograph by Davis Sánchez
Views: 109
