Jane Edwards
Sayari Labs, a Washington, D.C.-based developer of financial intelligence platforms, has added $2.5M to its round of Series B financing after it secured investments from In-Q-Tel, TFX Capital and MissionOG.
“Access to trustworthy data from the least transparent parts of the world is mission critical for global financial institutions and corporations, as well as US and partner government agencies,” Farley Mesko, CEO and co-founder of Sayari, said in a statement published Tuesday.
Mesko added the company will use the new funding to further develop its technology that could help financial institutions and other companies counter security threats and global risks by leveraging open source data.
The company’s Sayari Graph platform helps financial institutions and other enterprises manage risks and comply with anti-money laundering, anti-corruption and beneficial ownership regulations by providing a comprehensive picture of their customers, personnel, subsidiaries, vendors and third parties.
In January, Sayari raised $9M in funds for Series B from Lavrock Ventures, Arsenal Growth and SAP National Security Services’ venture arm, NS2 Ventures.
