Giant Oak applies artificial intelligence, machine learning, and behavioral science to detect illicit activity and negative media across open, deep, and dark web sources. Its patent-pending SaaS platform, Giant Oak Search Technology (GOST), was developed for national security and law enforcement and has expanded into commercial RegTech use cases including KYC, anti-corruption, and AML for financial institutions. GOST enables custom information domains and high-speed, large-scale screening that minimizes false positives and reportedly lets banks find the same negative conduct by examining as few as three cases, realizing up to 97% in total cost savings. The company has seen significant growth across government and financial services contracts and reports zero customer churn. Proceeds from the financing will be used to expand sales and marketing, software engineering, and behavioral science–based analytics to scale the platform. Giant Oak was founded in 2012 and is based in Arlington, VA.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2018