RiskScout closes funding round led by LiveOak Ventures
The financial-crime software company plans team expansion, deeper banking integrations and additional AI automation.
Expansion following reported revenue growth
LiveOak Ventures led RiskScout’s financing, joined by Castle Creek Launchpad, Bankers Helping Bankers Fund, Alloy Labs, Brue2 and C3 Ventures. The amount was not disclosed.
RiskScout reports more than tripling revenue over the preceding year. The new capital will expand its team, develop automation and AI agents, deepen integrations with core providers and make the platform available to more banks and credit unions.
Use of funds
Scale the team
Expand intelligent automation and AI-driven agents
Deepen integrations with core providers and partners
Expand platform availability to banks and credit unions