# PassFort

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/passfort

- Industry: Software
- Headquarters: London, UK
- Website: www.passfort.com
- Total disclosed funding: $17M
- Latest round: Series A (Sep 14, 2021)
- Investors on record: 4

## About

Founded in 2015 and based in London, UK, PassFort Limited operates as a SaaS RegTech platform for compliance automation. The company was co-founded by Donald Gillies and Henry Irish. In September 2021, PassFort raised USD 16.2 million in Series A funding led by Level Equity.

PassFort is a cloud-based SaaS solution that provides RegTech software solutions by automating financial crime and compliance processes. The company's platform supports multiple customer types and product lines, with expansion across 211 jurisdictions. PassFort supported and regulated financial services companies to onboard more than 5 million customers in 197 countries, and managed risk and compliance standards throughout the customer lifecycle.

The company plans to use its funding from September 2021 to expand its global growth plans.

## Funding rounds

- Series A, Sep 14, 2021, $16M — Level Equity, OpenOcean, Episode 1 Ventures, Entrepreneur First
- Seed, Nov 3, 2015, $0.9M — Episode 1 Ventures

## Investors

- Episode 1 Ventures (https://capitalatlas.ai/funds/episode-1-ventures) — Seed, Series A
- Level Equity (https://capitalatlas.ai/funds/level-equity) — Series A
- OpenOcean (https://capitalatlas.ai/funds/openocean) — Series A
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Series A