Regtech startup Kompany secures €6M

As reported by Tech.eu, Austrian global business verification company Kompany has secured €6 million from Fairway Global Investment and Japanese VC Global Brain as leading investors. Previous investors European Super Angels Club and the startup’s management team also participated in the round.

Kompany provides real-time audit-proof business verification data for business “know your customer” needs. The company operates a global register network that connects businesses to data from commercial registers, financial and tax authorities from more than 110 million companies across 200 jurisdictions.

Kompany is headquartered in Vienna with offices in the UK and Singapore. It was founded in 2012 by CEO Russell E. Perry and CTO Peter Bainbridge-Clayton, and since then it has expanded its international reach to over 50,000 customers across more than 100 countries.

The proceeds will help the company to continue international growth and support the further development of two key technologies: an AI-based shareholder analysis tool called UBO discovery and an audit-trail solution called KYC onchain.