Flagright, a London, UK-based AI-native AML compliance platform, has raised $4.3 million in a seed round.
Investors
The round was led by Frontline Ventures, with participation from notable angel investors, including Rubin Ritter (Ex-Co-CEO of Zalando), André Silva (Ex-Global Head of Expansion at Revolut), Phillip Chambers (CEO of Orbex), Ahmed Badr (COO of GoCardless), Teng Sherng Lim (Ex-CCO of Advance.AI), and Saqib Mirza (CEO of Sciopay). Existing investors such as Y Combinator, Pioneer Fund, and Moonfire Ventures also participated.
Frontline Ventures is a venture capital firm established in 2012, with headquarters in Dublin, Ireland, and additional offices in London, UK, and San Francisco, USA. The firm specializes in supporting globally ambitious B2B software companies, facilitating their expansion across Europe and the United States. It operates Frontline Seed (for early-stage European startups) and Frontline Growth (for U.S. startups expanding into Europe).
Flagright Use of Funds
The company will use the funding to develop its AI-driven compliance solutions further, expand its AI Forensics product family, and support international expansion, particularly in North America and EMEA.
About Flagright
Founded in 2022 by Baran Ozkan and Madhu Nadig, Flagright is an AI-native, no-code compliance platform redefining financial crime prevention. With real-time transaction monitoring, automated case management, dynamic risk scoring, AML screening, AI Forensics, and more, Flagright empowers teams to scale efficiently while reducing false positives and operational costs. The platform serves a diverse clientele across various financial sectors, including payment processors, neobanks, fintechs, banks, credit unions, cryptocurrency firms, unit trusts, brokerages, and insurance companies.
Funding Details
Company: Flagright
Raised: $4.3M
Round: Seed
Funding Date: March 2025
Lead Investor: Frontline Ventures
Additional Investors: Y Combinator, Pioneer Fund, Moonfire Ventures, Rubin Ritter, André Silva, Phillip Chambers, Ahmed Badr, Teng Sherng Lim, Saqib Mirza
Company Website: https://www.flagright.com/
Software Category: Anti-Money Laundering (AML) Compliance
Source: https://www.flagright.com/post/flagright-raises-4-3-million-in-seed-funding-to-advance-ai-native-aml-compliance-and-risk-management-solutions