Fundz

Datricks raised $15M in a Series A round led by Team8 to enhance its AI-powered compliance and risk management platform.

PRIVATESep 11, 2024

Amount Raised

$15 Million

Round Type

Series A

New YorkSoftwareArtificial IntelligenceAnalyticsMachine Learning

Investors

Jerusalem Venture PartnersSapTeam8

Description

Datricks has successfully raised $15 million in Series A funding to support its AI-driven compliance and risk management platform. The round was led by Team8, with participation from SAP and Jerusalem Venture Partners.

Quick answer

Datricks raised $15 Million in a Series A round, dated September 11, 2024. Investors: Jerusalem Venture Partners, Sap and Team8. Datricks is based in New York, New York, United States.

How much did Datricks raise?
Datricks raised $15 Million in a Series A round on September 11, 2024.
Who invested in Datricks?
Jerusalem Venture Partners, Sap and Team8 are named as investors in this round.
What does Datricks do?
Datricks has developed an AI-powered compliance and risk management platform that analyzes business processes across various management solutions.
Where is Datricks based and how big is it?
Datricks is based in New York, New York, United States.
Who are the decision-makers at Datricks?
Fundz holds 2 contacts at Datricks. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Analytics and Software around the same time

Companies in the same sectors as Datricks that raised within 45 days of this round, from Fundz verified event records.

  • Onesurance raised an undisclosed amount (Seed) on October 17, 2024.
  • Vectorize raised $3.6M (Seed) on October 8, 2024.
  • Briink raised $4.3M (Seed) on September 30, 2024.
  • Zintlr raised $893K (Seed) on September 30, 2024.
  • Zenlytic raised $9M (Series A) on September 26, 2024.
  • Koios raised $5M (Seed) on September 26, 2024.

Who to call at Datricks, and when

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Company Information

Company

Datricks

Location

New York, New York, United States

About

Datricks has developed an AI-powered compliance and risk management platform that analyzes business processes across various management solutions. The platform aims to detect anomalies, fraud patterns, and compliance issues, providing detailed root cause analysis and automatic remediation. Founded by Haim Halpern and Roy Rozenblum, Datricks leverages AI to ensure comprehensive analysis of financial data without sampling limitations. The company serves large global enterprises and partners with notable consulting firms.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Datricks raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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