Funded Tech Companies
Sandbar
Wondering who backed Sandbar? Private investors, BoxGroup and Abstract Ventures put venture money into this software company.
Company Overview
Company Name
Sandbar
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
141 West 20th St 402
Manhattan, NY 10011
USA
Manhattan, NY 10011
USA
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Sandbar builds performant anti-money laundering (AML) software to more accurately identify illegal activity. Criminals launder an estimated $6 Trillion every year, yet less than 1% of this is caught. To provide better results, we ingest millions of messy data points, standardize that data, and run a complex suite of proprietary calculations designed to detect suspicious activity. Our product automatically monitors activity and empowers risk teams by putting necessary information at their fingertips. We provide information accessibility, build intuitive workflows, and allow for custom processing. Doing better can help cut off funding for kidnappers, human traffickers, terrorists, scammers, and other bad actors as well as reduce the effort and costs associated with developing and maintaining internal AML programs.
Last Transaction
1/24/2023
Financing History
Management Team
Title
Name
Email & Social
Company Investors
- BoxGroup
- Abstract Ventures
- Private Investors (Lachy Groom)
Browse more funded tech companies:
Share this article
About Our VC Deals Database
This tech company profile is powered by VentureDeal.com, a market leader in private equity transaction data.
Additional Resources for Entrepreneurs