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Strise has raised $18.3M across 4 funding rounds.
Key people at Strise.
Strise was founded in 2016 by Marit Rødevand (Founder).
Strise has raised $18.3M in total across 4 funding rounds.
Strise develops an autonomous FinCrime platform, leveraging artificial intelligence, that combats financial crime. Its core product, an AML Automation Cloud, streamlines compliance for financial institutions. The technology aggregates registry data, resolves ownership structures, and extracts information from documents, creating dynamic business records that continuously update for enhanced due diligence and monitoring.
Founded in 2016 by Marit Rødevand, Patrick Skjennum, and Sigve Søråsen, the company's inception addressed the manual, fragmented nature of anti-money laundering compliance. The founders identified a clear need for an intelligent, automated solution to manage complex financial crime risks, leading to their AI-powered platform.
Strise serves top-tier financial institutions, equipping anti-money laundering teams with tools to meet stringent regulatory demands. The company envisions AML teams transforming into vital organizational enablers. Its mission is to drive an intelligence-driven approach to financial crime prevention, empowering institutions with proactive insights and automation against illicit activity.
Key people at Strise.
Strise has raised $18.3M across 4 funding rounds. Most recently, it raised $11.0M Series A in August 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2023 | $11M Series A | DON H. | Curiosity VC, Inventure, Karma Ventures, Afore Capital, Allison Pickens Ventures, Formerly The NEW Normal Fund, Andreessen Horowitz, Aniq Kassam, Atomico, Bradley Horowitz, Cherry Ventures, Deborah LIU, LocalGlobe, Mosaic Ventures, Next Play Ventures, Paul Forster, Allison Pickens, Camilla Giesecke, Francois Callens, Marcus Krylborn, Phillip Chambers, Riya Grover | Announced |
| Nov 7, 2022 | $3.3M Venture Round | Herman Kienhuis | Likeminded, Maki.vc, Sondo | Announced |
| Nov 1, 2022 | $3M Seed | — | Curiosity VC, Inventure, Karma Ventures | Announced |
| Apr 1, 2020 | $1M Seed | Maki.vc | TIM Bolte | Announced |
Strise was founded in 2016 by Marit Rødevand (Founder).
Strise has raised $18.3M in total across 4 funding rounds.
Strise's investors include Don H., Curiosity VC, Inventure, Karma Ventures, Afore Capital, Allison Pickens Ventures, formerly The New Normal Fund, Andreessen Horowitz, Aniq Kassam, Atomico, Bradley Horowitz, Cherry Ventures, Deborah Liu.
Strise is an Oslo-based fintech startup founded in 2016 that builds an AI-powered AML Automation Cloud to combat financial crime, including the $1.6 trillion global money laundering problem.[1][3][5] Its platform integrates knowledge graphs, AI, and NLP for real-time KYC (Know Your Customer), KYB (Know Your Business), and AML checks, automating data collection, risk assessment, and monitoring for banks, fintechs, and financial institutions like Vipps, SpareBank 1, Nordea, and Storebrand.[3][5][6] Strise serves compliance teams in finance, law, and shipping, solving inefficiencies in manual diligence processes—reducing onboarding time by 80% (from 1 hour to 12 minutes), cutting costs by 30%, and providing audit-proof reports while uncovering hidden network risks.[1][4][5]
The company has shown strong growth momentum, raising €10 million ($10M+) in Series A funding from Atomico, Curiosity VC, and Maki.vc in 2023, expanding from Scandinavia to the UK and Europe, and growing to 11-50 employees with active hiring.[2][3]
Strise was founded in 2016 in Oslo, Norway, by Marit Rødevand, Sigve Søråsen, and Patrick Skjennum (Co-founder & CTO), who shared a mission to make fighting financial crime more efficient from day one.[1][3] The idea emerged from recognizing rising financial crimes, surging AML fines (over 50% to $5 billion annually), and the need for better tools beyond fragmented data sources.[1][4] Early traction came from top Scandinavian banks like Vipps, SpareBank 1, and Nordea adopting the platform for its graph and AI tech that connects B2B insights.[3] Pivotal moments include securing Atomico-led Series A funding in 2023 and partnering with Storebrand to automate AML operations, fueling international expansion.[2][3][6]
Strise rides the AI-driven fintech compliance wave, addressing escalating financial crime amid regulatory pressures and AML fines topping $5 billion yearly.[1][2] Timing is ideal as banks face backlogs from manual processes, while AI advancements enable scalable automation—Strise positions AML teams as efficiency engines rather than overhead.[4][5][6] Market forces like EU expansions, fintech growth, and data privacy laws (GDPR) favor its region-specific data sourcing and secure platform.[3][4] By serving Nordic leaders and pushing into the UK/Europe, Strise influences the ecosystem, setting standards for graph-based AML tech and accelerating adoption among fast-growing banks.[2][3]
Strise is poised to dominate AML automation as AI regulations evolve and global crime rises, with UK/European expansion building on Scandinavian success and recent funding.[2][3] Trends like perpetual monitoring mandates and explainable AI will propel growth, potentially capturing share in a massive market while adding integrations for law and shipping.[1][5] Its influence may evolve into the global standard, powering proactive risk detection and helping institutions scale compliance without headcount bloat—cementing its role as the intuitive platform compliance teams actually want.[1][4]
