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Ontario Teachers led a $50m Series C funding round in ComplyAdvantage.

Synopsis

Ontario Teachers led the $50m Series C funding round in ComplyAdvantage, a financial industry’s source of AI-driven financial crime risk data and detection technology. Existing ComplyAdvantage investors Index Ventures and Balderton Capital also participated in the round. "ComplyAdvantage offers mission-critical technology solutions for combating financial crime and keeping pace with an ever-evolving regulatory landscape. The company is well positioned to continue its rapid growth as its powerful technology platform transforms the compliance and risk management process for its clients," Olivia Steedman, Ontario Teachers Senior Managing Director.

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