Mimiro (formerly ComplyAdvantage) provides a machine-learning platform that analyzes the risk of financial crime by swiftly verifying parties and transactions and automating compliance workflows. Its self-improving algorithms scour millions of structured and unstructured data sources daily—including sanctions registers and adverse media—to build real-time, holistic risk snapshots. The platform is configurable to client parameters and, on average, reduces false positives by about 70%. Mimiro is building a comprehensive global repository to deliver instant, accurate risk profiles for commercial entities and individuals worldwide. The company serves over 350 clients in 45 countries, has a team of 160 across offices in New York, London, Singapore and Cluj, and has rapidly expanded in the US, signing its 100th customer. Financially, Mimiro reported 300% revenue growth in the past 12 months.

Total raised

$30M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2019