Elucidate
Elucidate provides ratings and data analysis for financial institutions. Businesses and revenue growth are made possible by the company's ratings and risk pricing products, which also encourage lawful behavior and help create a fairer and more open system. With Elucidate, a business' front, and back office teams can collaborate easily, improving customer service and lowering risk.
Elucidate
Elucidate provides ratings and data analysis for financial institutions. Businesses and revenue growth are made possible by the company's ratings and risk pricing products, which also encourage lawful behavior and help create a fairer and more open system. With Elucidate, a business' front, and back office teams can collaborate easily, improving customer service and lowering risk.
TL;DR
Headquarters: Berlin
Founded: 2018
Employees: 22
Domain: elucidate.co
Total funding (reported): USD 14,590,000 (as of 2022-05-11)
Product focus: AI/ML financial-crime risk quantification and Risk Decision Platform
Company Overview
Problem Domain
Financial-crime risk quantification, KYC/KYB, transaction monitoring and portfolio risk scoring for financial institutions and crypto firms.
Founded
2018
Industry
Fintech / RegTech
Funding Track Record
€2,500,000
Round to further develop the Financial Crime Index
€2,500,000
Pre-Series-A financing
€5,700,000 (cumulative reported to date)
Company reported having raised €5.7M in funding to date when announcing Miami office
USD 8,000,000
Round reported as $8M led by AV8 Ventures
Investor Signal
“Investors include AV8 Ventures, Frontline Ventures, 11.2 Capital, Elevator Ventures (RBI), APEX Ventures, Seed X Liechtenstein, Big Start Ventures and SixThirty Ventures”