AI-native AML compliance and financial crime detection platform for fintechs and banks. Real-time transaction monitoring, sanctions screening (OFAC, UN, EU, AUSTRAC), KYC/KYB onboarding, and suspicious activity reporting. Claims 90%+ false positive reduction. Y Combinator W23, $7.1M total funding ($2.8M pre-seed + $4.3M seed led by Frontline Ventures, March 2025). Triple-certified: SOC 2 Type II + ISO 27001 + GDPR. G2: 5/5 (40 reviews), named G2 Top 50 GRC Product 2025. RegTech100 three consecutive years. Sifted 250 #37 fastest-growing startup UK/Ireland 2025. Founded 2022 by Baran Ozkan, HQ Berlin with San Francisco presence. No-code platform with API-first architecture (webhook signatures, SWIFT payment integration documented). Pricing starts at ~$15K/year (50-75% less than enterprise alternatives per vendor blog). NARROW LEGAL RELEVANCE: serves fintech compliance officers and bank operations teams, NOT law firms or general legal practitioners. Legal department touchpoint limited to in-house counsel at financial institutions overseeing AML programs and compliance-focused law firms advising fintech clients on regulatory obligations.
Company Info
- Founded: 2022
- Team size: 11-50 employees
- Funding: $7.6M
- HQ: Germany
- Sector: Gen, AIGovernance/Compliance/Risk Management
What We Haven’t Verified
This page was assembled from publicly available information. Feature claims and workflow mappings are based on what the vendor and third-party listings publish — not hands-on testing or practitioner feedback.
Workflows
Based on practitioner evidence, Flagright is used in these workflows:
What practitioners struggle with
Real frustrations from legal professionals — the problems Flagright addresses (or should address). Sourced from practitioner reviews, Reddit threads, and case studies.
Compliance officer at a regulated financial institution tracks 150+ regulatory obligations across 10 frameworks (SOX, GDPR, HIPAA, state-level requirements) in separate spreadsheets with manual deadline reminders — an auditor's request for evidence of control testing takes days to assemble because documentation is scattered across email, SharePoint, and local drives
Fund manager's compliance team needs to verify KYC/AML for every LP in a new fund — 40 investors across 12 jurisdictions, each with different beneficial ownership structures, and the 31 CFR deadline is approaching while half the investors haven't submitted their compliance documentation
Where it fits in your workflow
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