What is Know Your Customer?
Know Your Customer operates within the RegTech and FinTech industries, providing a crucial service for businesses needing to adhere to stringent regulatory requirements. By automating the verification of company identities and ownership, the company addresses the growing challenges of compliance and fraud prevention in global commerce. Its technology aims to streamline the often cumbersome and time-consuming manual due diligence processes, offering a more efficient and accurate approach to client onboarding and ongoing monitoring.
How much funding has Know Your Customer raised?
Know Your Customer has raised a total of $5.8M across 2 funding rounds:
Angel/Seed
$3.3M
Angel/Seed
$2.5M
Angel/Seed (2017): $3.3M, investors not publicly disclosed
Angel/Seed (2019): $2.5M led by AngelHub and CLSA
Key Investors in Know Your Customer
AngelHub
AngelHub is an investment platform that facilitates co-investment opportunities for investors alongside fund and institutional backers, indicating a focus on early-stage technology ventures.
CLSA
CLSA is a capital markets and investment group with a broad focus on alternative investment, asset management, corporate finance, and capital markets, suggesting strategic alignment with Know Your Customer's growth objectives.
What's next for Know Your Customer?
With a focus on enterprise-level funding, Know Your Customer is poised for significant expansion and further development of its compliance solutions. The strategic capital infusion will likely be directed towards enhancing its platform's capabilities, expanding its market reach into new geographies, and strengthening its technological infrastructure to support a growing global client base. Continued investment in data integration and AI-driven analytics can be anticipated as the company aims to solidify its position as a leader in automated KYC and AML verification.
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