ComplyStream secures pre-seed investment led by Cornerstone VC and Ascension
The maiden funding round was led by Cornerstone VC and Ascension to support team expansion and platform development.
ComplyStream develops an AI-native platform designed to automate compliance investigations and reduce manual operational burdens for financial institutions.
ComplyStream has officially launched after securing its maiden pre-seed funding round led jointly by Cornerstone VC and Ascension, alongside participation from prominent angel investors associated with Monzo, ClearBank, Santander, Airwallex, and Thunes.
The capital will be deployed to expand the team, onboard new customers, and further develop the capabilities of the compliance platform.
The startup addresses the operational complexities faced by financial institutions dealing with fragmented tools and siloed data during post-event financial crime investigations.
Use of funds
- 01Grow the team
- 02Continue product development
Investors
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About the company
ComplyStream
An AI-native RegTech platform that streamlines post-alert compliance operations.