Check out the 14-slide pitch deck Clausematch, a regulation tech startup backed by Index Ventures, used to raise $10.8 million in fresh funds

The Index-backed startup aims to make compliance easier for financial institutions and fintechs. Check out the 14-slide pitch deck Clausematch used to raise the fresh funds below.A startup that aims to dramatically simplify compliance for fintechs, banks, and insurers has raised \xa39.5 million ($10.8 million) in fresh funds.London-based Clausematch, which was founded in 2012, counts the likes of BlackRock and Barclays among its users. The company has developed a tool that enables businesses to manage compliance documents in one place and collaborate on them in real time. Clausematch went through New York City-based accelerator Fintech Innovation Lab during the pandemic and claims to have significantly grown its client base in North America in the past two years. "Over the next 18 months, we will be adding more capabilities to our platform to automate compliance management so our customers will be able to prove compliance with any regulation in any country," Likhoded said.While the company is focused on the financial, consulting, governmental, and insurance industries it has also identified "huge" opportunities in sectors like construction, telecoms, and healthcare.