Footprint raises $25m Series B led by QED Investors
The financing will double engineering and sales headcount and scale international banking deployments.
Footprint raised $25 million in Series B financing led by QED Investors. Participants included Alumni Ventures, MUFG Innovation Partners No. 3 Investment Partnership, Index Ventures, BoxGroup, Commerce Ventures, Lightbank, Operator Partners, Lerer Hippeau and Animal Capital.
The company will double engineering and sales headcount, accelerate machine-learning research and expand deployments with international banks. Its Percy agent supports financial-crime investigations with evidence gathering and auditable case workflows.
Use of funds
Double engineering and sales headcount
Accelerate research and development of machine-learning architectures
Scale international banking deployments