Spot the red flags with Flagright. They’re an anti-money laundering (AML) compliance platform that uses AI to fight AI-powered financial crime. Now, they just raised a $4.3M seed!

Investor check. Frontline Ventures led the round, Y Combinator, Pioneer Fund, and Moonfire Ventures joined in!

• Angel investors include Rubin Ritter (ex co-CEO, Zalando), André Silva (ex-Global Head of Expansion, Revolut), Phillip Chambers (CEO, Orbex), Ahmed Badr (COO, GoCardless), Teng Sherng Lim (ex-CCO, Advance.AI), and Saqib Mirza (CEO, Sciopay).

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🟥 The ABCs of Flagright

Flagright is an AI-native no-code compliance platform that helps growing teams flag financial crime and reduce false positives. 

• Why it’s important. AI-powered financial crime is evolving fast. And you don’t want deepfake (voice and image manipulation) incidents in fintech.
• Flagright’s platform offers real-time transaction monitoring, automated case management, dynamic risk scoring, AML screening, and more. 

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🥳 New product alert

Flagright is also launching AI Forensics, a family of AI agents that can automate compliance workflows for screening, monitoring, governance, and quality assurance.

• To continue their support for startups, they will be launching the Flagright Startup Program, which will offer startup-friendly pricing.

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✈️ In the cards 

They’ll expand their global presence, with plans to open offices in London, New York, and San Francisco.

• They already have a presence in Berlin, Singapore, and Bangalore.