Sphinx, a compliance technology startup, has raised $7 million in seed funding to enhance its AI agents aimed at automating financial crime compliance workflows. The funding round was led by Cherry Ventures, with contributions from Y Combinator, Rebel Fund, Deel Ventures, and Singularity Capital. Co-founded by Alexandre Berkovic and Chrisjan Wüst, Sphinx’s browser-native AI agents integrate seamlessly with existing enterprise systems like case management platforms and internal dashboards. Their technology automates complex processes related to Anti-Money Laundering (AML), Know Your Customer (KYC), and Know Your Business (KYB), ensuring auditability and decision transparency. By streamlining repetitive tasks across fragmented systems, Sphinx allows compliance teams to focus on higher-value analysis and regulatory decisions, a crucial capability as financial institutions navigate increasing operational complexities. This funding will enable Sphinx to further its mission in the compliance tech landscape.
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