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SignalX.ai develops an AI-powered risk intelligence platform that automates comprehensive regulatory, financial, and operational due diligence. The company's core product provides a unified view of an entity’s profile by leveraging advanced data analytics and artificial intelligence to offer real-time, actionable insights for risk assessment. This technology helps organizations identify and manage third-party and enterprise risks effectively, enhancing decision-making.
The company was founded in 2018 by Govind Balachandran, Zakir Wahab, and Piyush Arora. The founders recognized the inefficiencies and complexities inherent in traditional due diligence processes, inspiring them to build an intelligent solution. Their collective insight pointed to the need for a system that could streamline exhaustive background checks and risk analysis through automation.
SignalX’s platform is utilized by various enterprises, including financial institutions, rating agencies, and consulting firms, to enhance their risk management strategies. The company’s vision is to redefine continuous due diligence, allowing businesses to proactively detect red flags and monitor changes in an entity's risk posture. This approach facilitates faster, data-backed assessments and reinforces operational integrity.
SignalX.ai has raised $1.6M across 2 funding rounds.
SignalX.ai has raised $1.6M in total across 2 funding rounds.
SignalX.ai is an AI-powered risk intelligence platform that automates due diligence, vendor verification, and compliance monitoring for businesses, delivering comprehensive risk assessments in under 48 hours.[1][2][3] It serves finance, sourcing, investment, compliance, and audit teams by analyzing financial health, litigation history, regulatory compliance, and reputational risks across entities like MSMEs, proprietorships, and public companies, using data from over 200 regulators, courts, and media sources to reduce fraud, cut costs, and enable faster onboarding decisions.[1][3][4] Trusted by over 100 enterprises, SignalX has raised $500K+ in funding and powers teams in M&A, procurement, valuations, and risk management, with features like AI-driven connected party discovery, continuous monitoring, forensic accounting, and global sanctions screening.[1][2][3]
Founded in 2018 and based in Hyderabad (with operations tied to India), SignalX.ai emerged from a team of technologists aiming to simplify third-party risk management amid inefficient manual due diligence processes that exposed businesses to financial losses, legal issues, and reputational damage.[1][2][4] The idea stemmed from the need to automate complex checks—like GST, MSME verification, litigation screening, and financial analysis—turning days of effort into minutes via AI and real-time data aggregation.[2][3] Early traction came from serving forensic, procurement, and due diligence teams in India, evolving into a platform used by 100+ enterprises for vendor onboarding and supply chain resilience, with pivotal growth in covering unregistered partnerships and providing proactive risk insights.[1][3][4][7]
SignalX.ai rides the wave of AI-driven risk management and supply chain digitization, addressing surging demands for compliance amid global regulations, fraud proliferation, and volatile markets.[2][3][7] Timing is ideal post-2018 with AI advancements enabling real-time analytics from vast datasets, countering manual inefficiencies in vendor onboarding and third-party risks—critical as enterprises face increasing scrutiny in M&A, procurement, and ESG factors.[1][4] Market forces like regulatory expansions (e.g., AML, sanctions) and supply chain disruptions favor SignalX, positioning it to enhance ecosystem resilience by powering 50+ companies in anticipating logistics delays and tiered supplier risks through IoT/AI integrations.[3][7] It influences the tech landscape by redefining due diligence as proactive intelligence, fostering safer business networks in high-stakes sectors like finance and sourcing.[2][5]
SignalX.ai is poised for expansion by deepening AI capabilities in predictive risk analytics, global sanctions coverage, and ERP/supply chain integrations, potentially scaling to more international markets beyond India.[3][4][7] Trends like AI-IoT convergence for real-time disruption forecasting and rising third-party risk regulations will propel growth, enabling it to capture larger shares in enterprise compliance and procurement tech.[2][7] Its influence may evolve from niche due diligence tool to comprehensive risk platform, solidifying trust as businesses prioritize verified insights—echoing its founding mission to make the world safer for commerce through intelligent, automated decisions.[2]
SignalX.ai has raised $1.6M in total across 2 funding rounds.
SignalX.ai's investors include 3Lines, Venture Catalysts | India's First Integrated Incubator.
SignalX.ai has raised $1.6M across 2 funding rounds. Most recently, it raised $820K Seed in November 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2020 | $820K Seed | — | 3lines, Venture Catalysts | Announced |
| Sep 1, 2020 | $750K Seed | — | 3lines, Venture Catalysts | Announced |
