Kobalt Labs (Founding)
Funding Details
- Awarder
- YCombinator
- Date Award
- July 04, 2023
- Vertical
- B2B,Operations
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2023
- Company Description
- Kobalt has built an AI copilot to automate manual risk and compliance operations for fintechs and banks. Given a vendor contract, Kobalt’s reasoning engine ingests internal policies and procedures, legal commitments, past privacy and compliance assessments, and syncs with external legislation to instantly auto-surface and track risks. We're helping community/regional/sponsor banks increase revenue and scale their partnership and vendor volume, and we're helping fintechs conduct their partner diligence in 1/0 the time, all without needing to increase headcount.
- Market
- B2B
- Location
- New York, NY, USA
- Coinvestors
- YCombinator