Greenlite AI Secures $15M to Enhance Financial Crime Compliance

Greenlite AI has raised $15 million in a Series A funding round, announced in a press release. The round was led by Greylock, with participation from Thomson Reuters Ventures, Canvas Prime, Y Combinator, and Tim Mayopoulos, former CEO of Fannie Mae.

Greenlite AI is a leading AI agent platform for financial services, focusing on automating compliance processes such as Know Your Customer (KYC), Anti-Money Laundering (AML), and sanctions compliance. The platform is trusted by OCC-regulated banks, SEC-regulated broker-dealers, and Fortune 500 firms.

The company plans to use the new funding to scale its proprietary Trust Infrastructure, which embeds U.S. federal banking regulatory guidance into its AI agents. This infrastructure is designed to meet strict requirements for validation, testing, and accuracy, allowing institutions to confidently scale AI-based staffing.

Greenlite AI's agents have already demonstrated significant results, such as reducing alert processing times by 90% and false positives by 95% for its customers. The company aims to expand its regulatory presence and grow its engineering and go-to-market teams to onboard more financial institutions.