Tech Company Financing Transactions
Hawk AI Funding Round
Hawk AI closed a $17 million Series B funding round on 1/26/2023. Investors included Sands Capital Management, Blackfin Capital and Coalition Operators.
Transaction Overview
Company Name
Announced On
1/26/2023
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series B
Investors
Proceeds Purpose
Hawk AI, an anti-money laundering and fraud prevention platform for banks.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Friedenstraße, 22B / i3
Munich, Bayern, 81671
DE
Munich, Bayern, 81671
DE
Phone
Undisclosed
Website
Email Address
Overview
Anti-Money Laundering in financial institutions is ripe for change. While Rule-based legacy systems from the pre-Cloud and pre-AI era are the norm, expanding regulations are demanding more from legacy systems than they can give. All without solving the issue of the huge number of false-positive alerts and truly detecting money laundering. Hawk AI's mission is to help financial institutions detect financial crime more effectively and efficiently using AI to enhance rules and find anomalies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tobias Schweiger
Chief Operating Officer
Georg Hauer
Chief Technical Officer
Wolfgang Berner
Browse more venture capital transactions:
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Next: 1/26/2023: Sunlight venture capital transaction
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Where The Data Comes From
We do our best to record every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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