Apiax is a Switzerland-based technology startup founded in 2017 that is dedicated to removing regulatory barriers with its innovative solutions. The company's slogan "Removing regulatory barriers with Embedded Compliance and generative AI" reflects its focus on providing compliance infrastructure for the digital world. Apiax's flagship product, Embedded Compliance, offers businesses instant, accurate, and actionable answers to regulatory questions, replacing manual compliance processes. This solution can be seamlessly integrated into various systems used in the financial industry, such as CRM systems, trading tools, and wealth management platforms. The company's ability to deliver real-time answers to the financial industry's most pressing regulatory issues has attracted significant attention from investors. In the most recent Venture Round investment at 03 March 2021, Apiax secured funding from a group of prominent investors including Headline, XAnge, Futury Capital, DIventures Management GmbH, Zürcher Kantonal Bank, Tugboat, SICTIC, Peter Kurer, and eVentures. This backing underscores the confidence of the investor community in Apiax's technology and potential for disrupting the compliance and regulatory landscape within the finance and legal tech sectors. Overall, Apiax's unique technology, combined with its strong investor support, positions the company as a significant player in the intersection of fintech, information technology, and legal tech industries. As the company continues to expand and refine its offerings, it holds the potential to make a substantial impact on how businesses navigate and comply with regulations in the digital era.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | Unknown | 9 | Zürcher Kantonal Bank, Tugboat +3 | 03 Mar 2021 |
Grant | Unknown | 1 | Monetary Authority of Singapore | 16 Jun 2020 |
Series A | $6.60M | 7 | Zürcher Kantonal Bank, Tugboat +2 | 17 Oct 2019 |
Non Equity Assistance | Unknown | 1 | 20 Aug 2018 | |
Seed Round | $1.50M | 5 | Zürcher Kantonal Bank, SICTIC +1 | 22 Sep 2017 |
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