Lucinity

Lucinity

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Organization

Contact Information

Overview

Lucinity is a leading SaaS AI company that is at the forefront of driving innovation in the field of financial crime compliance. With its expertise and innovative approach, Lucinity is transforming the industry. The company's unwavering commitment to delivering exceptional user experiences is evident in its platform, which provides unparalleled insights through augmented intelligence and generative AI. By leveraging cutting-edge technologies, Lucinity sets new standards to reduce review times, enhance insights, and optimize operational efficiency. Trusted by industry leaders, Lucinity empowers institutions to ensure regulatory adherence, drive operational excellence, and effectively mitigate risks.

More about Lucinity at www.lucinity.com.

About

Industries

Software, Financial Services, FinTech, Artificial Intelligence (AI), Machine Learning, Developer APIs, Fraud Detection

Founded

2018

Employees

51-100

Headquarters locations

Reykjavík, Gullbringusysla, Iceland, Europe

Social

Profile Resume

Lucinity headquartered in Europe, operates in the Software, Financial Services, FinTech, Artificial Intelligence (AI), Machine Learning, Developer APIs, Fraud Detection sector. The company focuses on Software and has secured $2.1B in funding across 84 round(s). With a team of 51-100 employees, Lucinity is actively contributing to advancements in Software. Their latest funding round, Series B - Lucinity, raised $17.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Gudmundur Kristjansson

Gudmundur Kristjansson

Founder & CEO

imagePlace Udi Nessimyan

Udi Nessimyan

President and Chief Revenue Officer

Funding Rounds

Funding rounds

3

Investors

5

Lead Investors

0

Total Funding Amount

$25.1M

Details

3

Lucinity has raised a total of $25.1M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2019Seed2.0M
2020Early Stage Venture6.1M
2022Early Stage Venture17.0M

Investors

Lucinity is funded by 17 investors.

Investor NameLead InvestorFunding RoundPartners
Experian-FUNDING ROUND - Experian17.0M
Robert Verwaayen-FUNDING ROUND - Robert Verwaayen17.0M
Lucinity-FUNDING ROUND - Lucinity17.0M
Keen Venture Partners-FUNDING ROUND - Keen Venture Partners17.0M

Recent Activity

News

Sep 19, 2024

PRNewswire - Lucinity Partners with Sift for Unified Fraud and AML Case Management

News

Sep 04, 2024

Fintech Finance - Lucinity Secures Patent for Tech That Enhances Financial Crime Compliance and Global Intelligence Sharing

News

Jul 31, 2024

FinTech Global - Lucinity and Knights Analytics join forces to advance AI in FinCrime compliance

News

Jul 01, 2024

PR Newswire UK - Lucinity's AI Copilot Wins Innovation in Financial Crime Prevention at ICA Compliance Awards 2024

News

Jul 01, 2024

PR Newswire - Lucinity Recognized as One of the Top 100 AI Fintech Companies Globally

News

Jul 01, 2024

PR Newswire - Lucinity's AI Innovation Recognized at Microsoft's Prestigious Global Partner Awards 2024