Flagright Raises $12.5M Series A

Flagright, a provider of an AI-powered financial crime compliance platform, has secured $12.5 million in Series A funding. The company, which specializes in an AI operating system for financial institutions to manage transaction monitoring and compliance workflows, plans to utilize the new capital to scale its operations.

Investors

This round was led by Infinity Ventures, with participation from Sella Bank. Additional investors include Frontline and Y Combinator.

Flagright Use of Funds

The funding will support the expansion of explainable AI capabilities across compliance operations and strengthen the company's presence in the United States market.

About Flagright

Founded in 2021 by Baran Ozkan and Madhu Nadig, Flagright provides a unified AI operating system for financial crime compliance. The platform integrates transaction monitoring, watchlist screening, risk scoring, case management, and governance workflows to help financial institutions maintain transparency and regulatory oversight.

Funding Details

Company Website: https://flagright.com

Company: Flagright
Raised: $12.5M
Round: Series A
Funding Date: June 16, 2026
Lead Investor: Infinity Ventures
Additional Investors: Sella Bank, Frontline, Y Combinator
Software Category: Fintech
Source: https://www.axios.com/pro/fintech-deals/2026/06/16/flagright-ai-compliance-fintech