What does Greenlite AI do?
Greenlite AI is a San Francisco-based provider of an AI agent platform for financial services that automates mission-critical tasks such as KYC, AML, and sanctions compliance for banks and financial institutions.
How much did they raise?
The Series A round raised $15M, led by Greylock, with participation from Thomson Reuters Ventures, Canvas Prime, Y Combinator, and Tim Mayopoulos.
What are their plans for the money?
The company intends to use the funds to scale its proprietary Trust Infrastructure, develop new agent archetypes, expand its regulatory presence, and grow its engineering, go-to-market, and partnerships teams to onboard more financial institutions.
What have they achieved so far?
Greenlite AI has already made significant strides by serving OCC-regulated banks, SEC-regulated broker-dealers, and Fortune 500 firms, and its customer base includes notable names like Ramp, Mercury, and Betterment. It has also raised a total of $20M in capital since its founding in 2023.
