# Shield Financial Compliance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shield-financial-compliance

- Industry: Internet
- Headquarters: Ramat Gan, Israel
- Website: www.shieldfc.com
- Total disclosed funding: $35M
- Latest round: Series B (Dec 1, 2022)
- Investors on record: 5

## About

Founded in 2018 and based in Tel Aviv, Israel, Shield Financial Compliance Ltd operates as a workplace intelligence platform for compliance teams that enables to help financial organizations to mitigate risk and drive surveillance processes. Shiran Weitzman is the co-founder and CEO of the company. In January 2022, Shield Financial Compliance Ltd raised USD 15 million in Series A funding co-led by Macquarie Capital, OurCrowd, and Mindset Ventures.

The company's platform offers AI-powered surveillance, eComms data management, insider trading detection, trade intelligence, and privacy guardian. The platform focuses on communications compliance which automates the complete communications life cycle. The firm helps financial organizations mitigate risk and drive the ROI-positive surveillance processes by utilizing AI, natural language processing, and visualization capabilities. The enterprise also addresses some of the challenges in the financial compliance domain, such as trade and eComms surveillance, market abuse, trade reconstruction, record-keeping, 360 investigations, and more.

The organization plans to use the January 2022 funding to expand its U.S. presence with a New York City office, further establish itself in markets throughout Europe, the Middle East, Africa, and the Asia Pacific, and ramp up the development of its end-to-end communications compliance platform.

## Funding rounds

- Series B, Dec 1, 2022, $20M — UBS, OurCrowd, Macquarie Group, Mindset Ventures
- Series A, Jan 13, 2022, $15M — Macquarie Capital, OurCrowd, Mindset Ventures

## Investors

- Macquarie Capital — Series A
- OurCrowd (https://capitalatlas.ai/funds/ourcrowd) — Series A, Series B
- Mindset Ventures (https://capitalatlas.ai/funds/mindset-ventures) — Series A, Series B
- UBS — Series B
- Macquarie Group (https://capitalatlas.ai/funds/macquarie-group) — Series B