Vital4, an Atlanta, GA-based cloud software company that offers a globally accessible data search and due diligence solutions, received $1.1m in financing.
Access Private Capital, a private equity arm of Berkeley Capital Partners, made the investment from its private lending fund.
The company intends to use the funds to expand product offering and continue growth into additional international markets.
Led by Kristin Stafford, co-founder and CEO, Vital4 provides compliance technology solutions are driven by Artificial Intelligence and Machine Learning to deliver accurate data protecting against financial crimes, terrorism, bribery and corruption.
The solution approaches due diligence and background screening supporting Anti-Money Laundering, Know Your Customer (AML/KYC), FCPA (Foreign Corrupt Practices Act), UK Bribery Act, FCRA (Fair Credit Reporting Act) and Healthcare sanctions and licensing compliance.
Organizations across the globe use the Vital4 platform as a solution that mitigates risk across their enterprise.