Flagright

Flagright, a company providing an AI operating system for financial crime compliance, has successfully completed a Series A funding round, raising £9.3 million ($12.5 million).

Summary of transaction details:

• Value: £9.3 million
• Sector: Fintech, AI, Compliance
• Advisor: None mentioned
• Key Entities: Target: Flagright; Lead Investor: Infinity Ventures; Participating Investors: Sella Direct Ventures, Frontline, Y Combinator
• Location: Not specified

Note: This funding round will enable Flagright to accelerate its position as an enterprise standard for financial crime compliance by expanding explainable AI use cases and increasing its presence in the US market, addressing the growing demand for modern, auditable compliance programs.