Sigma360, the full-stack AI platform for risk intelligence, financial crime prevention and compliance, announced an oversubscribed $17.3MM Series B funding round led by Moderne Ventures with participation from Vocap Partners and Orrick, as well as follow-on investment from Contour Ventures and Mosaik Partners.

"Sigma360 is redefining a $300 billion financial crime compliance industry by building trusted AI infrastructure for highly regulated markets," said Liza Benson, Partner, Moderne Ventures. "For Moderne, the opportunity is compelling because we believe Sigma360 will materially reduce operational burden and regulatory risk across our industries, where compliance costs are high and enforcement actions reach into the millions and billions. For our partners across real estate, insurance and financial services, Sigma360 will drive faster onboarding, lower compliance headcount and create stronger risk controls."

Read the full announcement here: 

https://www.prnewswire.com/news-releases/sigma360-secures-17mm-series-b-to-scale-ai-powered-financial-crime-prevention-and-compliance-302709482.html

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