The New York-based RegTech company lands $45 million led by Georgian to expand its AI-powered compliance agents — serving top banks in AML, sanctions screening, KYC, and more.
Key Highlights
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$45M Growth Round Led by Georgian – WorkFusion secures a $45 million investment, with participation from Serengeti Asset Management, Nokia Growth Partners, Teralys Capital, and Hawk Equity.
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Focus on AI Agents for FCC – The capital will be used to further build out and deploy its suite of AI agents for financial crime compliance (FCC) covering functions like AML, KYC, sanctions screening, transaction monitoring, adverse media, and enhanced due diligence.
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Strong Adoption & Operational Impact – WorkFusion’s tools are already used by “10 of the top 20 banks,” saving about 40,000 hours per day of manual work, and the platform includes a no-code option so banks can build or customize agents.
Summary Story
WorkFusion, a New York-based regulatory technology (RegTech) company, has raised $45 million in funding, led by investor Georgian. This injection of capital is aimed at accelerating development of its AI agent suite for financial crime compliance (FCC).
Since pivoting in 2022 from general automation tools to specialized AI for compliance, WorkFusion has built agents in key areas like AML (Anti-Money Laundering), sanctions screening, transaction monitoring, KYC (Know Your Customer), adverse media monitoring, and enhanced due diligence. These agents automate work that otherwise would require huge manual effort.
The company claims its tools are already being used by 10 of the top 20 banks, and that they are helping save about 40,000 hours of manual compliance work every day. With the new funding, WorkFusion plans to scale further, hire strategically, and expand adoption as financial institutions increasingly seek automation in compliance operations.
