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4Crisk.Ai Raises $8 Million In Series A Funding To Reimagine Compliance Risk Management With Cognitive Technologies

Jun 22, 2022•about 3 years ago

Amount Raised

$8 Million

Round Type

series a

Description

4CRisk.ai, a provider of advanced AI solutions for risk and compliance functions, today announced it has raised $8 million in Series A funding led by Cloud Apps Capital Partners and joined by Touchdown Ventures as a syndicate partner. The new capital will help accelerate 4CRisk.ai's long-term growth and support its hiring and global expansion.

Company Information

Company

4 C Risk.Ai

About

The firm currently manages over $140 million, with investments from university endowments, large foundations, and institutional investors. 4CRisk.ai provides advanced AI solutions that help organizations identify, manage and assess the impact of regulatory obligations and strengthen the internal control environment around an ever-evolving regulatory, business, and external risk environment. "4CRisk.ai is the only player in the market that is delivering end-to-end cognitive AI and innovative technology solutions needed to improve compliance risk management processes."