![]() ![]() Underpinned by thousands of fully integrated and hosted data sources and proprietary resolution, risk extraction and scoring algorithms, the platform can identify and return direct and network-based entity risk at sub-second speeds. Since its founding at MIT, Sigma’s cloud-based data platform has emerged as the definitive choice for point-in-time risk screening and perpetual client monitoring. Our platform answers that need through enriched global data, intelligent and configurable workflows and innovative technical applications that simply outperform legacy approaches.” ![]() Doing so helps these firms manage potential downside risk, confidently expand relationships and automate and improve upon existing processes. Stuart Jones, Jr., founder and CEO of Sigma, said: “Firms are looking for faster, smarter ways to perpetually evaluate customer and third-party risk. Clew also serves on the Board of Rabobank NA and previously served as the Global Head of AML at Citigroup and global leader of AML and Sanctions consulting at Deloitte. Katzenmeyer joins Alison Clew, who was appointed to Sigma’s Board last year as an independent director. John Katzenmeyer, Partner at Mosaik Partners, who brings nearly 25 years of financial technology advisory experience, will join Sigma’s Board of Directors in connection with the investment. Sigma’s expansion comes at a critical time, as firms seek to simultaneously address increasing regulatory, geopolitical and reputational-related risks, and digitally transform outdated and expensive legacy approaches to risk management and regulatory compliance. Having experienced 250% revenue growth and a doubling of its client base during the pandemic, Sigma will use the funding to expand its commercial functions and invest in additional product and engineering talent to deepen its innovative risk and compliance software platform. Sigma takes a unique approach to risk management, connecting publicly sourced data and proprietary risk intelligence into a single, configurable platform that helps firms quickly, comprehensively and cost-effectively evaluate risk and onboard, retain and expand relationships with greater assurance. Also participating in the round are existing investors FinTech Collective and Contour Ventures, as well as new investor AngelList Ventures who join existing shareholders Fitch Ratings and Barclays PLC. ![]() Sigma Ratings, the AI-driven global risk screening and monitoring platform that powers compliant commercial relationships, today announced a Series A investment round led by Mosaik Partners, a San Francisco-based venture capital firm focused on financial technology. ![]()
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