Quantiply Corp. (Acquired by Eventus)

Quantiply Corp. is a United States based startup that specializes in AI-powered financial crime, risk, and compliance software solutions. The company was founded in 2013 and its recent $2.30M Venture Round investment on 05 November 2018 showcases its attracting interest from investors. Quantiply's Sensemaker applications suite and platform solutions utilize AI and machine learning algorithms to address key areas for financial institutions and government regulators. These include know your customer (KYC), anti-money laundering (AML), sanctions monitoring, and market abuse. The use of AI enables the identification of bad actors, prediction of future risks, recommendation of mitigation strategies, and automation of actions. This approach not only reduces operational costs and risks but also minimizes false positives and negatives. The company's value proposition lies in its departure from manual or rules-based solutions, demonstrating its commitment to cutting-edge technology and innovation. This has positioned Quantiply as an attractive prospect for investors and a disruptive force in the financial security and compliance technology landscape.