Sayari Labs, Inc., a Washington, DC-based provider of financial intelligence and supply chain risk solutions, raised a $2.5M extension to its $9M Series B funding round.
Backers included In-Q-Tel, MissionOG, and TFX Capital, which joined current investors Arsenal Growth, Lavrock Ventures, and SAP’s NS2 Ventures.
The company intends ro tuse the funds to further develop its technology.
Led by Farley Mesko, CEO and co-founder, Sayari provides Sayari Graph, a purpose-built tool for navigating the complexity of global corporate ownership and commercial relationships. Graph helps financial institutions and multinationals mitigate risk and comply with Know Your Customer (KYC), Anti-Money Laundering (AML), Sanctions, Beneficial Ownership, and Anti-Bribery & Corruption regulations, providing a complete picture of customers, vendors, counterparties, their key personnel, hierarchies, subsidiaries, and related parties, all while maintaining provenance back to official documents from their countries of origin. Top global financial institutions, Fortune 100 corporations, financial crime regulators, and enforcement agencies in 35 countries use Sayari today.
FinSMEs
07/07/2020