HomeUSAHadrius Raises $2M in Seed Funding

Hadrius Raises $2M in Seed Funding

-

Hadrius
Hadrius is automating SEC compliance using AI

Hadrius, a NYC-based SEC compliance company focused on relationship between firm and client, raised $2M in Seed funding.

The round saw participation from Y Combinator, Lynett Capital, Singularity Capital, Dorm Room Fund, Unpopular Ventures, and the founders of Arrived, SmartAsset, FutureAdvisor, among others.

The company intends to use the funds for product development.

Founded in 2023 by Thomas Stewart (serial founder with multiple exits under his belt), Som Mohapatra (portfolio manager and chief compliance officer), and Allen Calderwood (ex-Google, ex-Chime senior software engineer), Hadrius provides a platform that enables RIAs and broker-dealers to automate SEC compliance, by running everything from communications review, marketing review, archiving, to trade monitoring and more with AI.

The founders previously founded and scaled SEC-registered robo-advisor Quantbase.

FinSMEs

11/09/2023