4CRisk.ai, a San Francisco, California-based provider of advanced AI solutions for risk and compliance functions, announced that it raised $8 million in Series A funding.
The round was led by Cloud Apps Capital Partners and joined by Touchdown Ventures as a syndicate partner.
The new capital will help accelerate 4CRisk.ai's long-term growth and support its hiring and global expansion.
Company: 4CRisk.ai, Inc.
Round: Series A
Funding Month: June 2022
Lead Investors: Cloud Apps Capital Partners
Additional Investors: Touchdown Venture
Company Website: https://www.4crisk.ai/
Software Category: AI-powered Data Intelligence Platform
About the Company: 4CRisk.ai provides advanced AI solutions that help organizations identify, manage and assess the impact of regulatory obligations and strengthen the internal control environment around an ever-evolving regulatory, business, and external risk environment. The company's AI-powered Data Intelligence Platform reduces the cost of compliance while lowering the risk of non-compliance. 4CRisk.ai’s mission is to reduce your cost of compliance and decrease the risk of non-compliance, their AI-powered solutions augment your human capital to identify, mitigate, and convert risks into opportunities.