6 years ago
ClauseMatch Secures $2.5 Million in Venture Debt Funding to Expand in Europe and Asia
ClauseMatch, a London-based RegTech startup, has raised $2.5 million in venture debt funding from Silicon Valley Bank
The funding will be used to support the company's continued growth in Europe and Asia
ClauseMatch automates compliance workflow across thousands of documents, providing a comprehensive audit trail and demonstrating compliance with regulations
The company works with global financial institutions, including Barclays and Revolut, and recently started operations in Singapore.
ProblemTechnology
"Many financial companies struggle to keep up with the ever-changing world of compliance regulations. It’s a costly, time-consuming process that often requires a lot of manual work and documentation."
Solution
"ClauseMatch automates compliance workflows, making it easier for companies to manage their compliance obligations. They use machine learning and deep understanding of the regulatory landscape to streamline processes and reduce costs."