San Francisco AI startup Zesty.ai secured a Series A financing round of $13 million led by Luxembourg-based private investment fund Blamar. Plug & Play Ventures and existing investors also participated in the round. Zesty.ai’s goal is to harnesses the power of artificial intelligence to help property
Technology-enabled regulatory, financial crime, risk, and compliance solutions provider Exiger received an investment of $80 million from investment firm Carrick Capital Partners. The minority stake will support Exiger in its delivery of RegTech solutions to global financial institutions and corporations. According to the company, its combination
REIN, an insurtech company offering a flexible, data-driven platform designed to create usage-based insurance products, closed $7.3 million in venture funding capital secured from investors Liberty Mutual Strategic Ventures and Kiplin Capital. Individual and family office investors for the round include Jason Griswold (founder, Brown
Digital risk protection software provider Social SafeGuard acquired $11 million in Series B funding from AllegisCyber and NightDragon Security. Founded in 2014, the company designs cloud-based software to manage the full life cycle of digital risk protection so enterprises can detect, analyze and prevent attacks
IntSights Cyber Intelligence, a provider of enterprise cyber risk analytics, threat intelligence, and mitigation solutions that automate proactive defense, secured a $17 million Series C funding round led by Tola Capital. Launched in 2015 by Guy Nizan, CEO, Alon Arvatz, CPO, and Gal Ben-David, CTO,
Ulula, a software and analytics platform that provides companies with tools to monitor human rights risks, announced today it raised $1 million in private seed funding from two organizations: Humanity United, a foundation that is part of the Omidyar Group, and Good & Well, an
ACL, a producer of audit and risk management technology solutions, acquired $50 million in financing from Norwest Venture Partners. Through a combination of software and expert content, ACL develops and advocates technology that strives to strengthen results, simplify adoption, and improve usability by identifying and mitigating
Overhaul closed $4.5 million in seed financing from Abbey International Finance. According to the company, Overhaul is the first real-time visibility and on-time performance management system designed to bring compliance to the trucking industry by providing a flexible system to fit both carrier's and broker's operational
According to a recent SEC filing, Resilinc, a cloud provider of supply chain resilience and risk management intelligence and analytics, has raised $15 million in financing from an undisclosed investor. According to the company, industry leaders Amgen, GM, and EMC rely on Resilinc to mitigate risks
Financial technology company WeLab announced it secured $220 million in Series B financing. Three investors participated in the round: Alibaba Group, IFC, and Credit Suisse. Founded in 2013 in Hong Kong, WeLab’s proprietary risk management technology is designed to analyze unstructured mobile big data to make