Hummingbird, a San Francisco, CA- and and Washington, D.C.-based platform for anti-money laundering (AML), raised $3m in funding.
The round was led by Homebrew, with participation from Omidyar Network, TTV Capital, and Designer Fund.
Led by Joe Robinson, Jesse Reiss, Ryan Gerard, Matt Van Buskirk and Jo Ann Barefoot, Hummingbird provides banks, payments companies, and other financial institutions with a platform that leverages machine learning and investigative capabilities to fight financial crime.
The platform takes a minute or two to be set up with no integration required, adds insights about investigation subjects and provides capabilities like interactive pattern visualization, automatic location intelligence, time-sequence narratives of customer behaviors, and relationship mapping between investigation subjects, and built-in collaboration tools.
The technology is already available in the United States, and pilots will be reviewed on a case-by-case basis in other countries.
FinSMEs
22/10/2018