Norwest Venture Partners and Arctos Sports Partners completed the investment in GeoComply.

Norwest Venture Partners, an American venture and growth equity investment firm, and Arctos Sports Partners, a private equity platform, completed the investment in GeoComply, a company provides fraud prevention and cybersecurity solutions. Financial terms were not disclosed. “GeoComply reflects Norwest’s continued focus on investing in businesses that help companies ensure mission critical compliance with regulations, manage risk, and avoid costly penalties. Anna and David have built an impressive, profitable business serving the gaming and sports betting market, and we look forward to partnering with them as GeoComply expands into financial services, crypto and other verticals,” said Jon Kossow, Norwest Managing Partner.