Axle Automation, Inc., a San Francisco, CA-based provider of AI-powered solutions for compliance teams, closed its $2.5m seed funding round.
The round was led by Diagram Ventures, with participation from Mistral Ventures, Uphonest Capital, StreamingFast and other strategic angels.
The company intends to use the funds to scale the team and expand its business reach.
Led by Ioannis Giannaros, CEO and Co-founder, Axle Automation Axle is a provider of AI-powered solutions for Anti-Money Laundering (AML) compliance, which allows organizations to streamline AML processes, enhance regulatory compliance, and mitigate risk with efficiency and accuracy.
FinSMEs
29/07/2024