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.

Raised: $8.0M

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.​

Source: https://www.4crisk.ai/news/4crisk-ai-raises-8-million-in-series-a-funding