Regtech Vendor ComplyAdvantage Nabs Funding to Build Out Distribution, Sales Efforts
The capital infusion is led by Balderton Capital, a European-focused venture fund.
Balderton Capital, a London-based venture capital firm that focuses on investing in European technology companies' Series A, led the round. Charles Delingpole, ComplyAdvantage's founder, tells WatersTechnology Balderton invested $7 million. The remainder came from private investors, many of whom invested in ComplyAdvantage's seed round and/or Delingpole's earlier companies.
"The funding will allow ComplyAdvantage to build distribution functions in the US and Europe, enabling it to roll out its
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